AML and Compliance Manager - 6 month Fixed Term Contract (Frankfurt)

Job Description

What is the opportunity?

This is a 6 month contract position with RBC Capital Markets (Europe) GmbH in Frankfurt. You will protect RBCCM’s brand and enable achievement of business goals through an integrated compliance culture and program across the enterprise by assisting senior management and businesses in embedding compliance and compliance management in the culture of relevant RBC businesses and operations, aligning regulatory priorities with the Business and RBC and creating and maintaining an effective relationship with regulators to enable reputation and regulatory issues to be appropriately managed. You will also establish and maintain a strong, effective control environment and identify and communicate compliance, financial crime and data protection risks inherent in the business to senior management and the business.

What will you do?

• Investigation of Level 1 and Level 2 AML transactions monitoring alerts for the Capital Markets platform and investigation of sanctions and client screening alerts
• Support delivering AML and Compliance training to the local businesses with an emphasis on reiterating the importance of the Front Office being the First Line of Defense;
• Support maintaining policies and procedures to address identified regulatory risks as they relate to laws, regulations and regulatory expectations;
• Collaborating with colleagues in the Transaction, PEP and Sanctions Screening teams to identify ways to enhance our programs and incorporate any relevant issues arising from the interaction with the businesses;
• Support and advise local management on the application of current and future AML legislation with regard to complying with relevant rules and regulations and for the conduct of business by the specified entities
• Support the implementation of AML, ATF and ABAC related policies ensuring compliance with the German AML/CTF requirements;
• Creation and development of specific risk analysis which comprises all risks related to money laundering, terrorist financing and other criminal actions and perform annual financial crime risk assessment.

What do you need to succeed?

Must-have

• Successfully completed university studies (law or economics) and/or commercial training as a bank clerk with relevant banking training (certificates of expertise)
• Very good German and English oral and written communication skills
• Wholesale/capital markets businesses knowledge in order to provide compliance support to the RBCCM Germany operations, including Global Investment Banking which involves providing corporate finance advice to German counterparties; Fixed Income, Currencies and Commodities (FICC), Equities and Corporate Banking
• Strong grasp of banking and securities laws, regulations, directives and expectations, with detailed understanding of the application and impact of the Geldwäschegesetz (GWG), Wertpapierhandelsgesetz (WpHG), Kreditwesengesetz (KWG) and other relevant Acts.

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.

About RBC
Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com.

Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.

JOB SUMMARY

City: Frankfurt
Address: Taunusanlage 17
Work Hours/Week: 40
Work Environment: Office
Employment Type: Contract
Career Level: Experienced Hire/Professional
Pay Type: Salaried
Position Level: PL07
Required Travel(%): 0-25
Exempt/Non-Exempt: N/A
People Manager: No
Application Deadline: 02/12/2021
Req ID: 290916