What is the opportunity?

To ensure that Know Your Client (KYC) due diligence and information is collected prior to establishing any client relationship in accordance to UK Anti-Money Laundering (AML) Compliance regulations and RBC policies

What will you do?

• Responsible for the KYC processing of new client and account opening forms and maintaining reference databases with completed records and information.

• Assess issues of potential non-compliance, provide recommendations and, together with the KYC BAU Manager, Team Lead and/or senior KYC management, work with areas involved to resolve and implement improved controls.

• Conduct KYC due diligence searches and perform reviews for Low/Medium/High risk customers.

• Respond to adhoc requests for information from Business areas regarding appropriate KYC documentation.

• Identify potential areas for improved processing and automation of manual processes wherever possible.

• Act as Subject Matter Expert on KYC UK policy and have working knowledge of other regional requirements.

• Coordinate cross regional onboarding.

• Escalating to RBCCM AML Compliance and on clients identified as High Risk or where material adverse information has been identified.

• Escalating to the Global Economic Sanctions Team (GES) on material matters relating to sanctions or ABAC, respectively to the extent not escalated otherwise to AML Compliance.

• Responsible for some training and knowledge transferring to new and existing team members

• Responsible for processing and troubleshooting more complex requests and higher volume of completed tasks.

• Ability to take on adhoc projects or documentation exercises including status updates.

• Communicate status updates on requests to Business partners.

• Participate in intra-day and/or after hours testing in support of system and process improvements.

• Understand complex deal structures and have confidence with GIB & Corporate Banking clients.

• Good understanding of MIFID II.

What do you need to succeed?

Must-have

• Good recent or relevant KYC/AML experience in Capital Markets in a Global Investment Bank.

• BA / BSc or equivalent or similar.

• In-depth knowledge of local and global KYC/AML, Capital Markets industry, or taxation regulatory requirements.

• In-depth knowledge of Capital Markets products, trade systems and business lines.

• Knowledge of KYC/AML industry tools, portals, information sources, and vendor products.

• Fenergo and CLM tools experience.

• Client Services experience.

Nice-to-have

• Tax knowledge.

• Operations or Technology degree, background, or experience.

• CAMS certification.

• CFA certification.

• Familiarity with RBC organisation, systems, and business.

• European language skills.

What is 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, flexible benefits and competitive compensation

• Leaders who support your development through coaching and managing opportunities

• Opportunities to work with the best in the field

• Ability to make a difference and lasting impact

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

• A world-class training program in financial services

• Flexible working options fully supported.

Agency Notice

RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details

Job Skills

Business Analytics, Commercial Acumen, Critical Thinking, Customer Analytics, Detail-Oriented, Group Problem Solving, Large Group Presentations, Long Term Planning

Additional Job Details

100 BISHOPSGATE:LONDONLondonUnited Kingdom35Full timeCAPITAL MARKETSRegularSalaried2024-12-062024-12-20

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