Analyst, High Risk Client Management (Summer 2022 Student)

  • Location: Toronto
  • Competition Number: 440877
  • Deadline: January 17, 2022

Please note: This posting is for a 4-month Student Summer 2022 placement with a start date of May 2022, and end-date of August 2022. In order to be eligible for this 4-month Student position, you must either:

  • Be returning back to school after the work term end-date of August 2022; or
  • If you are not returning back to school (i.e. are graduating in August 2022), you must require the work term as a mandatory component to in order to graduate successfully.

Please ensure that you meet these eligibility requirements before applying – candidates who apply but are found to be ineligible are not able to be considered.

What is the opportunity?

The Analyst, AML High Risk Client Management (Coop Student) will provide support and assistance to the various teams within High Risk Client Management in conducting Enhanced Due Diligence (EDD) and assessing money laundering and terrorist financing risk on clients and prospect clients.


What will you do?

  • Conduct AML and TF analyses for higher risk clients in order to identify Key Risk Indicators (KRI) for the purpose of mitigating financial, regulatory, reputational and legal risks to RBC.
  • Conduct research and investigations using RBC approved techniques and tools to evaluate if a client presents a higher level of money laundering / terrorist financing, regulatory and reputational risk to the Bank.
  • Prepare accurate, organized, high quality written client risk assessments in order to provide a clear understanding of risks involved and to effectively communicate findings and recommendations.
  • Prioritize and prepare client risk assessments within defined RBC guidelines, policies and procedures, using a risk based approach, in order to facilitate Senior Management decision and approval.
  • Assign an appropriate risk rating to the bank’s clients in accordance with RBC’s risk rating methodology.
  • Review, triage and assess alerts and referrals in accordance with RBC policies and procedures to determine if further investigation is required.
  • Initiate and/or execute due diligence to determine whether an EDD review is required and if warranted, ensure the required information / documents have been received in order to understand the extent of the client relationship.

What do you need to succeed?


  • Pursuing a University degree
  • Strong written and oral communication skills
  • Excellent interpersonal skills
  • Strong investigative and problem solving skills
  • Strong analytical aptitude and risk mindset
  • Ability to work under pressure of tight deadlines, multiple tasks, and quick decisions
  • Skilled in Microsoft Office Outlook, Excel, Word applications (Level 2 or above)



  • Knowledge of banking systems and processes
  • Strong AML knowledge – CAMS designation preferable
  • Demonstrated knowledge of, or experience in, AML Compliance, Financial Crimes investigations (within law enforcement or the financial sector), or financial regulatory oversight
  • Strong knowledge of relevant predicate offences, e.g., fraud, is considered an advantage
  • Experience working in law enforcement or the financial sector or financial regulatory oversight
  • Skilled in open source research


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
  • Opportunities to do challenging work and make a difference
  • Opportunities to building close relationships



We encourage you to apply as soon as possible as we accept applications on a rolling basis, but please note that the formal application deadline is 17th January 2022. Should you be selected to progress, someone from our team will reach out directly to provide instructions on next steps. Otherwise, feel free to check for progress updates by logging in to your RBC profile. If the status has not changed, it denotes the fact that your application is still under review.


RBC is committed to supporting flexible work arrangements when and where available. Candidates for this role will be required to be located within Ontario for the duration of the work term. More specific details regarding virtual, hybrid, and in-office arrangements for Integrated Learning/ Co-op positions will be discussed with the Hiring Manager.






About RBC
Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit


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Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.




City:  Toronto
Address:  20 King Street West
Work Hours/Week:  37.5
Work Environment:  Office
Career Level:   Student Job
Job Posting End Date:  01/17/2022
Req ID:  440877