What is the prospect? 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.
Job Description 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 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
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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📌 Senior Manager - Financial Crimes Model Validation (Ontario)
🏢 RBC
📍 Ontario