Talent.com
0000050007 Royal Bank of Canada
Senior Manager - Financial Crimes Model Validation0000050007 Royal Bank of Canada • HALIFAX, Nova Scotia, Canada
Senior Manager - Financial Crimes Model Validation

Senior Manager - Financial Crimes Model Validation

0000050007 Royal Bank of Canada • HALIFAX, Nova Scotia, Canada
21 days ago
Job type
  • Full-time
Job description

Job Description

What is the opportunity? As the Senior Manager of Global Financial Crimes Model Validation, you will lead a team of experts in validating and optimizing our FC models. Your deep understanding of FC processes, regulatory expectations, and industry trends will drive our success in safeguarding against financial crimes.What will you do? Strategic Model Validation:
  • Lead and mentor a team of model validation specialists, fostering a culture of rigorous challenge and continuous improvement
  • Establish and oversee the FC model validation program, ensuring alignment with Enterprise Risk Management (ERM) policies, regulatory requirements, and industry best practices
  • Act as a trusted advisor and effective challenger to FC model developers and business users, balancing risk governance with business enablement
  • Drive strategic initiatives to enhance model validation methodologies and automation frameworks
Model Validation & Assurance
  • Validate financial crimes models—both machine learning and heuristic-based—to assess output quality, alert effectiveness, and risk mitigation capabilities
  • Conduct rigorous testing of sanctions screening and AML detection models to ensure they effectively identify critical financial crimes risks
  • Provide comprehensive model risk assessments and challenge recommendations to senior leadership and governance committees
  • Manage the Enterprise Model Risk Management (EMRM) inventory system, maintaining robust change management procedures and documentation
Stakeholder Collaboration & Advisory
  • Provide actionable, data-driven recommendations based on model assessments, contributing to continuous enhancement of FC detection capabilities
  • Facilitate remediation of open model risk issues in accordance with regulatory expectations
Operational Excellence
  • Manage metrics, reporting, and dashboard development to track model performance, validation status, and program health
  • Leverage internal and external data sources to deliver accurate, insightful analysis and maintain situational awareness
Industry Leadership & Innovation
  • Collaborate with peers, industry experts, and the Enterprise Model Risk Management team to identify emerging validation themes and trends
  • Stay abreast of evolving financial crimes typologies, regulatory expectations, and advances in model validation best practices
  • Champion adoption of innovative validation techniques and technologies across the FC program
What do you need to succeed?
  • 5+ years in machine learning model development, validation, or financial crimes risk management
  • Proven experience managing teams or leading complex projects in a regulated environment
  • Bachelor’s degree in a relevant field (Finance, Data Science, Economics, Mathematics etc.)
  • Proficiency in statistical analysis and data manipulation (Python, R, SQL, or SAS)
  • Strong knowledge of machine learning algorithms and their applications in financial crimes detection
  • Familiarity with Enterprise Risk Management governance structures
  • Excellent communication skills and ability to work collaboratively.
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.

  • 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 SkillsAnti-Money Laundering (AML), Business Perspective, Communication, Decision Making, Financial Regulation, Interpersonal Relationship Management, Operational Integrity, Organizational Governance, Process Management, Strategic ThinkingAdditional Job Details

Address:

20 KING ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-04-03

Application Deadline:

2026-07-04Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveOur Employment OpportunitiesAt 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.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

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.
Create a job alert for this search

Senior Manager - Financial Crimes Model Validation • HALIFAX, Nova Scotia, Canada

Similar jobs

Senior Director, Valuation and Advisory Services

ColliersDartmouth, NS, CA
Full-time

Accelerate your success at Colliers.As one of Canada’s leading commercial real estate services firms, we are committed to accelerating success for our people, clients, and communities.Join us and b... Show more

 • Promoted

Manager, Funding and Contractual Compliance

IMP Aerospace & DefenceHalifax, Halifax County, Canada
Full-time

Manage government funding and compliance as a Benefits Manager.Secure financial resources and enhance strategic partnerships by overseeing proposals related to ITBs and offsets.In this critical man... Show more

 • Promoted

Senior Risk Manager – Ai, Cyber & Cloud Oversight - Up To £87,000 A Year

Covea Insurance PlcHalifax, Canada
Full-time

Overseeing financial and non-financial risks, shaping AI governance, and ensuring regulatory compliance for a leading insurance provider. Show more

 • Promoted

Senior Manager - SAP Finance Lead

EYHalifax, Nova Scotia, Canada
Full-time

At EY, we’re all in to shape your future with confidence.We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.Join EY and help ... Show more

 • Promoted

Manager, Machine Learning Engineering (Fraud)

AffirmHalifax, Canada
Full-time

Affirm is reinventing credit to make it more honest and friendly, giving consumers the flexibility to buy now and pay later without any hidden fees or compounding interest.The Fraud Machine Learnin... Show more

 • Promoted

Compliance Analyst

Integrated Staffing LimitedDartmouth, NS, CA
Full-time

We are looking for a detail-oriented and adaptable Compliance Analyst to join our Group Compliance team.In this role, you will support compliance activities across Regulatory Reporting & Governance... Show more

 • Promoted

Remote Quantitative Analyst (Finance)

Turinghalifax, ns, ca
Remote
Full-time

Based in San Francisco, California, Turing is the world’s leading research accelerator for frontier AI labs and a trusted partner for global enterprises deploying advanced AI systems.Turing support... Show more

 • Promoted • New!

Senior Compliance Associate

BET99dartmouth, ns, ca
Full-time

BET99 is Canada's Premiere Online Sportsbook and Casino.Since our launch in 2020, we have consistently innovated the online gaming landscape every step of the way, exponentially growing our custome... Show more

 • Promoted

Senior Tax Manager Overseeing Compliance and Client Services

Baker Tilly Nova ScotiaDartmouth, NS, CA
Full-time

Become a Senior Tax Manager and play a key role in enhancing client satisfaction and outcomes through your expertise in tax and compliance.Set your career on the fast track with a focus on professi... Show more

 • Promoted

Senior Risk Manager - Up To £87,000 A Year

Covéa InsuranceHalifax, Canada
Full-time

The Senior Risk Manager will oversee financial and non-financial risks, focusing on technology, AI, data ethics, cybersecurity, and cloud platforms, ensuring alignment with regulatory standards and... Show more

 • Promoted

Internal Controls, Senior Associate

Petra Funds GroupHalifax, Nova Scotia, Canada
Full-time

About Us Petra Funds Group is a single-source provider for fund administration and infrastructure needs for private equity and debt funds.At Petra, we enable fund managers to focus on the tasks tha... Show more

 • Promoted

Senior Manager - Sap Finance Lead - C$120,500 - C$216,000 A Year

EyHalifax, Canada
Full-time

The Senior Manager will lead and manage SAP projects within the financial services domain.They will provide expert guidance, develop relationships with stakeholders, and mentor junior team members. Show more

 • Promoted

Assurance & Advisory Manager — Remote Audit Leadership

Baker Tilly Canada CooperativeNS, CA
Remote
Full-time +1

A leading advisory firm in Dartmouth, NS is seeking an Assurance and Advisory Manager to lead audit engagements and mentor team members.The ideal candidate will have over 4 years of experience in a... Show more

 • Promoted

Senior/ Lead - AI Engineer - FICO

FICOhalifax, ns, ca
Full-time

As a Senior Engineer on our Applied AI team, you will be at the forefront of building AI-powered software that transforms how our platform operates.You will design, build, and maintain production-g... Show more

 • Promoted

Senior Statistical Analyst I - Tigermed

Tigermedhalifax, ns, ca
Full-time

Communicate with clients as the.Archive all programming deliverables and documentation per SOPs.Mentor team members and support their technical and professional development.CDISC standards, and com... Show more

 • Promoted

Senior Client Services Manager

TMF GroupHalifax, Nova Scotia, Canada
Full-time

We never ask for payment as part of our selection process, and we always contact candidates via our corporate accounts and platforms.If you are approached for payment, this is likely to be fraudule... Show more

 • Promoted

Manager in Training

GuillevinDartmouth, NS, CA
Full-time

Seniority level: Mid-Senior level.Manage a business centre as if you owned it, without the financial risk.Serve a local market and be the reference for projects of all sizes, work with the top manu... Show more

 • Promoted

Senior Associate, Financial Restructuring

Doane Grant Thornton LLPHalifax, Halifax County, Canada
Full-time

Become a Senior Associate in financial restructuring, focusing on collaborative client solutions and innovation.Work with regional professionals in a supportive environment to tackle restructuring ... Show more

 • Promoted

Senior Project Manager - Site Investigation and Remediation

StantecDartmouth, NS, CA
Full-time

Stantec is seeking a senior, experienced Project Manager to support the continued growth of our Atlantic Environmental Services team.This role is ideal for a professional who understands the relati... Show more

 • Promoted

Director Classification And Compensation

Institute of Public Administration of CanadaHalifax, Canada
Full-time

Director Classification and CompensationPublic Service Commission, The Province of Nova Scotia, Halifax, NSClosing Date: July 10, 2026Job ID: 48872Salary Range: $4,322.Bi-WeeklyJob DescriptionCompe... Show more