Senior Analyst, AML Data and Reporting

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At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

Senior Analyst, AML Data and Reporting

Job Description

What is the opportunity?

As a Senior AML Data and Reporting Analyst, you will utilize your data analysis and reporting expertise to support the AML Compliance Program by producing, distributing, testing and archiving critical surveillance reports used by the AML Compliance team. This role will be responsible for performance testing and tuning AML transaction monitoring rules. You will also represent AML Compliance on technology projects as you work to introduce new solutions and enhance existing business processes.

What will you do?

• Produce and distribute recurring surveillance reports that are utilized by the AML Compliance team according to the approved reporting schedule
• Obtain and demonstrate a fundamental understanding of the core operational systems and data structure utilized throughout U.S. Wealth Management along with corresponding data availability in the various data and reporting repositories
• Provide ongoing review of automated transaction monitoring rules to ensure data integrity from source systems, and validate that rules are performing as designed with optimal thresholds. This includes above/below the line testing on thresholds and statistical analysis on the underlying source data to account for natural breaks and/or statistical anomalies that could potentially skew results.
• Represent AML Compliance in the design, development, and implementation of solutions required to support specific initiatives throughout all stages of a technology project.
• Proactively identify and recommend improvements related to the design and function of the AML technology platform, including a demonstrated exit strategy for all EUDA applications.
• Develop internal technology solutions and represent the interests of AML Compliance in Firm technology initiatives to promote operational efficiency in the USWM AML Compliance program.
• Manage and continuously seek to improve the core AML Program activities.

What do you need to succeed?

Must-have

• Bachelor's degree, preferably in business, finance, computer science, statistics or accounting.
• 5 to 7 years of data and reporting experience, including proficiency writing database queries and familiarity with business intelligence tools such as Business Objects
• Extensive knowledge of relational database structure, Microsoft Access and SQL
• Expertise in data acquisition, analysis, and pattern recognition, as well as statistical analysis and modeling
• Ability to prioritize and manage multiple tasks while ensuring that assigned job responsibilities and department goals are met.

Nice-to-have

• Previous experience with AML Compliance or brokerage operations
• Fundamental knowledge of brokerage firm recordkeeping systems and data structure
• Working knowledge of project lifecycle management
• FINRA Series 7 Registrations or CAMS designation

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
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business

Job Summary

Establishes, implements and manages reporting and technology solutions that support the US Wealth Management AML program to prevent and detect illegal, unethical, or improper business practices. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments.

Address:

Minneapolis, Minnesota, United States of America

City:

USA-MN-MINNEAPOLIS

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

Group Risk Management

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2023-04-10

Application Deadline:

2023-05-31

Inclusion 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.

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