Location: TORONTO, Ontario, Canada
What is the opportunity?
Reporting to the Platform AML Officer and Senior Director Global Economic Sanctions, the Global Economic Sanctions (GES) Payments team is a unique function in Global AML Compliance group. It is comprised of a group of employees who are responsible for the review, investigation and decisioning of real time wire payments and cross border Automated Clearing House transactions that are initiated/received by RBC clients globally.
Payments that contain references to a sanctioned country, or potentially match against a regulatory control list or other internal list used in the screening process, are escalated to the GES team by the Payments Processing Operations Centre (PPOC) for investigation to review the sanctions concerns identified in the payment transaction, to assess the risk, and determine if the payment can be released, cancelled or blocked.
More specifically, payments that are sent/received to/from RBC are screened against government sanctions lists (U.S. EU, UK and Canada) that identify individuals/entities/countries in respect of which/whom RBC is prohibited from conducting all certain types of transactions. It is the responsibility of the GES Payments Team to review the flagged payments, investigate and decision the payment.
What will you do?
Global Economic Sanctions (GES) Payments Specialists are responsible to review and decision payments (incoming and outgoing) to support global business units and local compliance teams. Real time payments are reviewed to assess and address the sanctions risk, investigated to ensure the transaction is permissible under the regulations, and decisioned in accordance with the applicable sanctions regulations i.e. US, UK, EU and Canada.
This position is under significant stress that is distinct from other areas within AML Compliance, and more broadly, Global Compliance, given funds are held, and not sent or paid, pending the outcome of the investigation. If the GES Payments Specialists does not make the appropriate decision, RBC will be subject to a high degree of regulatory/legal, reputational, and financial risk. USD payments, regardless of dollar value, may be blocked by a US correspondent whose role is to clear the transaction subsequent to origination by RBC.
It is therefore critical for an investigation to be thorough and accurate, as the results could have a severe negative impact to RBC.
What do you need to succeed?
Must have
Undergraduate Bachelor’s Degree
2-5 years Financial Industry or Payments processing experience, ideally including sanctions experience
Prior experience as a payments analyst at a Canadian Financial Institution.
Ability to work in a high paced, high pressured environment
Good written and oral communication skills
Knowledge of SWIFT and ACH Transactions
Knowledge of US, EU, UK and Canadian sanctions regulations
Nice to have
ACAMS certification
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.
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
A world-class training program in financial services
Opportunities to do challenging work
Job Skills
Anti-Money Laundering (AML), Communication, Data Gathering Analysis, Detail-Oriented, Group Problem Solving, Internal Controls, Operational Integrity, Payment Handling, Process Management
Additional Job Details
Address
WATERPARK PLACE, 20 BAY ST:TORONTO
City
Toronto
Country
Canada
Work hours/week
37.5
Employment Type
Full time
Platform
GROUP RISK MANAGEMENT
Job Type
Contract (Fixed Term)
Pay Type
Salaried
Posted Date
2026-11-07
Application Deadline
2026-11-29
Note:Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
Job description provided by Royal Bank of Canada.
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