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 cutting-edge 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 Skills





Anti-Money Laundering (AML), Business Perspective, Communication, Decision Making, Financial Regulation, Interpersonal Relationship Management, Operational Integrity, Organizational Governance, Process Management, Strategic Thinking

Additional 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

2026-08-22

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.

📌 Senior Manager - Financial Crimes Model Validation (Dartmouth)
🏢 Royal Bank of Canada
📍 Dartmouth