Job Description
What is the Opportunity?
The Analyst, High Risk Client Management (HRCM) reports to the Senior Manager HRCM. In collaboration with the first and second lines of defense, including client-facing professionals, AML Advisory, and other key stakeholders, the analyst conducts Enhanced Due Diligence (EDD) analyses for clients to assess whether a client is within RBC’s AML Risk Appetite and recommend a risk rating. These analyses are performed at onboarding and on an ongoing basis and involve research using RBC-approved techniques and tools to identify inherent and conduct risk factors, as well as historic and current source of wealth where required. The analyst prepares client risk assessments to effectively communicate the materiality of any AML risk exposure (including ML, TF, high risk sector, sanctions, and material relevant adverse information) for Senior Management review and approval. The role also involves communication with business partners and stakeholders to...