AML Investigator Job at Royal Bank of Canada, Raleigh, NC

  • Royal Bank of Canada
  • Raleigh, NC

Job Description

Job Summary

Job Description

What is the Opportunity?

The AML Investigator supports and/or performs the day-to-day execution of regulatory processes, in particular processes designed to identify and mitigate Anti-Money Laundering (AML) risk surrounding Customer Due Diligence (CDD), Know Your Customer (KYC), Client Risk Rating (CRR), transaction monitoring/investigations/Suspicious Activity Reports (SARs) and OFAC requirements. Additionally, the AML Investigator will support the ongoing AML compliance program through the execution of other regular processes related to regulatory or policy requirements, as required.

What will you do?

  • Assist the Senior Manager of AML Investigations with the ongoing maintenance of the AML Compliance Program for RBC Bank and/or the RBC US Wealth Management Credit Branch

  • Review manual and/or automated escalations to sustain an effective AML transaction monitoring process for RBC Bank.  Conduct investigations and maintain appropriate documentation for all conclusions (SAR/No SAR).  Make recommendations for the filing of Suspicious Activity Reports (SARs), client risk rating, and demarketing of clients.  Prepare timely and thorough SARs as necessary.

  • Support Global AML investigations and/or demarketing efforts involving RBC clients, working with colleagues across Global Compliance on joint investigations, as needed.

  • Serve as escalation point for potential sanctions hits as identified through Control List Filter (CLF) and other local OFAC processes. 

  • Maintain compliance-related records and tracking sheets for referrals from both internal and external partners including but not limited to subpoenas, requests from law enforcement for supporting documentation, Unusual Transaction Report (UTR) referrals, Fraud referrals, OFAC clearance

  • Support RBCBG Fraud as necessary on Fraud Investigations and complete related SARs

  • Execution of 314(a) searches and resolution of potential matches, as needed.

  • Initiate and respond to 314(b) requests with other participating financial institutions

  • Periodic filing of Currency Transaction Reports (CTRs)

What do you need to succeed?

  • Undergraduate degree

  • 2 to 4 experience in AML Investigations

Nice to have

  • CAMS (Certified Anti-Money Laundering Specialist)

Work arrangement

  • Hybrid 2 to 3 days in office per week (Raleigh, NC)

What’s in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable

  • Leaders who support your development through coaching and managing opportunities

  • Ability to make a difference and lasting impact

  • Work in a dynamic, collaborative, progressive, and high-performing team

  • Opportunities to do challenging work

  • Opportunities to building close relationships with clients

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

·       Drives RBC’s high performance culture

·       Enables collective achievement of our strategic goals

·       Generates sustainable shareholder returns and above market shareholder value

Job Skills

Anti-Money Laundering (AML), Communication, Data Gathering Analysis, Detail-Oriented, Financial Regulation, Fraud Risk Management, Group Problem Solving, Internal Controls, Operational Integrity, Process Management

Additional Job Details






United States of America

Work hours/week:


Employment Type:

Full time



Job Type:


Pay Type:


Posted Date:


Application Deadline:


I nclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

Job Tags

Full time, Local area, Flexible hours, 2 days per week, 3 days per week,

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