Associate Director, AML Lead, Client Solutions – RBC Investor Services

Job Description

What is the opportunity?

The Associate Director, AML will be a senior leader within RBC Investor Services, responsible for providing subject matter expertise across Investor Services products to ensure compliance with Canadian and international AML/CTF and Sanctions requirements. This role focuses on payments, cash management, and securities transaction flows within custody, fund administration, securities lending, FX, and collateral management. The AML Lead ensures compliance is embedded in the product lifecycle, balances regulatory expectations with client experience, and supports transformation initiatives that enhance AML effectiveness across securities services.

What will you do?

Regulatory & Policy Oversight

• Ensure compliance with Canadian AML/CTF obligations, including FINTRAC (PCMLTFA), OSFI Guideline B-8, and IIROC/CSA requirements and internal AML enterprise and business specific policies.

• Understand international AML/CTF and sanctions regimes (FINTRAC, EU AMLDs, UK MLRs, OFAC, UN) and assess impact on product offerings and translate regulatory requirements into effective product-level controls for payments, cash, and securities transaction flows.

• Act as AML Lead on transformational programs on cash/payments & securities modernization.

Product Governance & Risk

• Act as AML SME in new product approvals, enhancements, and lifecycle management. and lead AML risk assessments for high-volume transaction flows (securities settlement, corporate actions, payments, FX, collateral).

• Ensure AML requirements and policy specific considerations are embedded in KYC/CDD, sanctions screening, and monitoring frameworks. Assisting in ensuring completeness of the risk & control register across Investor Services, and contribute to regulatory reviews, audits, and product risk forums.

Business & Client Support

• Partner with onboarding and operations teams to ensure AML compliance for asset managers, pensions, sovereigns, and pooled vehicles; and partner with AML Advisory for any new product offerings, gaps or AML/sanctions related issues

• Act as the IS AML SME and centre of contact and expertise for Financial crime partners

• Manage and ensure appropriate sign off on any high risk clients that are sent to the business for approval, and provide monthly updates to AML Advisory on all things AML /sanctions

• Provide AML guidance for payments, securities settlement, and complex cash movements, and support responses to regulator and client due diligence requests.

Change & Transformation

• Lead AML initiatives in cash/payment monitoring, securities & transaction screening, and represent Product in enterprise AML governance and transformation forums.

• Partner with Technology & Operations to integrate AML controls into payment platforms and securities processing systems and workflows.

What do you need to succeed?

Must-have

• 10+ years AML/Financial Crime experience in securities services, custody, fund administration, payments, or capital markets.

• Strong knowledge of Canadian AML/CTF regulations (FINTRAC, OSFI, CSA/IIROC) and international frameworks.

• Expertise in AML risks tied to payments, cash management, and securities transactions.

• Proven track record embedding AML into product and operational frameworks.

• Familiarity with custody, fund accounting, securities lending, FX, collateral, and cash management.

Nice-to-have

• Understanding of Data Management & Governance, Data engineering and analytics

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.

• Excellent exposure to communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriate

• Working with an exciting, close-knit, supportive & dynamic group

• Opportunity to collaborate with other business segments within the bank

• Excellent career development and progression opportunities

• A comprehensive Total Rewards Program including bonuses and flexible benefits

• Competitive compensation

Job Skills

Anti-Money Laundering Compliance, Communication, Critical Thinking, Group Problem Solving, Long Term Planning, Product Governance, Product Services, Regulatory Policies, Regulatory Requirements

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-11-21

Application Deadline:

2025-12-05

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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