KYC Onboarding Analyst

What is the opportunity?

This role is an exciting opportunity to join the Business & Client Services group of RBC Capital Markets and provide key operational support for investment banking needs. You will have exposure to Know Your Client ("KYC") laws and regulations prescribed in Canada and in the USA. As a KYC Onboarding Analyst, you will be a specialist in conducting client due diligence reviews for prospect and existing clients of Global Investment Banking, Corporate Banking and Global Markets business groups. You will be exposed to product driven CDD requirements and gain proficiency in understanding swaps and derivatives product rules. As a specialist, you will assess CDD trigger requirements for prospect and existing clients, identify and elevate high‑risk concerns and perform sanctions screening to build a customer risk profile. In this role, you will require strong organizational skills, have the ability to multi‑task and triage workload, be an effective communicator and be a team player.

What will you do?

• Support the timely on‑boarding and maintenance activities for prospect and existing clients whilst maintaining the integrity of the data at all times
• Perform preliminary due diligence assessments, collect updated KYC information and conduct sanctions name screening assessments to fulfil KYC laws and regulation obligations
• Identify and elevate risk factors such as high‑risk industries and client types for enhanced due diligence (EDD) assessments in accordance to RBC’s risk appetite framework
• Fulfil collection of OTC derivative requirements related to trade reporting and swap execution rules
• Conduct open source and paid‑source due diligence searches to satisfy onboarding requirements
• Manage a pipeline of requests and continuously update the pipeline workflow for operational efficiency
• Prioritize requests by expected business deadline dates and demonstrate flexibility to work on urgent requests
• Maintain strong organizational skills by managing incoming correspondence, updating pipeline trackers and processing updates in KYC lifecycle workflow systems
• Provide subject matter expertise on CDD requirements to internal stakeholders and clients by demonstrating knowledge of policy and procedural requirements
• Be an effective communicator to provide regular updates on case statuses and respond to inquiries within 24-48 hours
• Engage collaboratively with Business and Compliance partners to address operational issues
• Partner with cross‑regional KYC Onboarding teams to provide continuous time zone coverage
• Act as one team to meet team targets and improve knowledge base by continuously updating internal training materials
• Participate in intra‑day and / or after‑hours system testing for technology enhancements
• Subscribe to ad‑hoc projects while maintaining high productivity levels

What do you need to succeed?

Must‑have :

Nice‑to‑Have :

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.

Job Skills

Additional Job Details

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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