Manager, Global FC Model Validation

What is the opportunity?

As a Manager of Global Financial Crimes Model Validation you will support daily execution within the team to ensure that RBC is maintaining the ongoing effectiveness of Financial Crimes monitoring program. You will report to the Senior Manager of AML Model Validation as an individual contributor, and will implement and execute substantive financial crimes risk management practices relevant to models and related Frameworks. This includes the defining and scoping the validation required of new/existing models. You provide continuous close support to Global FC Validation team by implementing successful FC strategies within RBC.

What will you do?

Conduct Model Validation:

• Validate Financial Crime models, including Transaction Monitoring, Client Risk Rating, and Sanction Screening.
• Ensure model outputs comply with regulatory and business requirements.

Risk Assessment and Proactive Challenges:

• Proactively challenge financial crime models and methodologies.
• Detect and counteract emerging risks related to financial crimes and continuously assess RBCs risk exposure.

Effective Communication and Documentation:

• Articulate the scope and approach of enterprise-wide model validation to RBC Management, External Regulators, and Internal Audit.
• Develop clear concepts, execute plans efficiently, and deliver organized results.
• Collaborate with AML Model Validation Senior Managers and Directors to make model-related decisions.
• Communicate inherent model risks and limitations effectively.
• Develop and challenge assumptions, conceptual soundness, model performance and process and evaluate metrics during each validation and document results in validation reports.

Innovation and Industry Trends:

• Contribute to research and development with risk-focused techniques.
• Demonstrate key competencies: Adaptability, Change Management, Teamwork & Collaboration, Problem Solving, and Planning.
• Establish individual goals, drive performance management, support career development, and reward strong performance.
• Collaborate cross-enterprise teams for better solutions.

What do you need to succeed?

• 3+ years of related Financial Crimes experience
• Strong written and oral communication skills; business writing experience
• Strong interpersonal and analytical skills
• Good working knowledge of Microsoft suite and other data mining applications (SAS, Python, R, and SQL)
• Knowledge of regulations related to Financial Crimes
• Bachelors degree in a relevant field (Finance, Data Science, etc.)

Whats 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 and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work

Job Skills

Additional Job Details

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