Job Description What is the opportunity? As a Manager of Global Financial Crimes Model Validation you will support daily execution within the team to ensure that RBC is maintaining the ongoing effectiveness of Financial Crimes monitoring program. You will report to the Senior Manager of Financial Crime Model Validation as an individual contributor, and will implement and execute substantive financial crimes risk management practices relevant to models and related Frameworks. This includes the defining and scoping the validation required of new/existing models. You provide continuous close support to Global FC Validation team by implementing successful FC strategies within RBC. What will you do? Conduct Model Validation: 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 Risk Assessment and Proactive Challenges: Proactively challenge financial crime models and methodologies. Detect and counteract emerging risks related to financial crimes and continuously assess RBC’s risk exposure. Effective Communication and Documentation: Articulate the scope and approach of enterprise-wide model validation to RBC Management, External Regulators, and Internal Audit. Develop clear concepts, execute plans efficiently, and deliver organized results. Collaborate with FC Model Validation Senior Managers and Directors to make model-related decisions. Communicate inherent model risks and limitations effectively. Develop and challenge assumptions, conceptual soundness, model performance and process and evaluate metrics during each validation and document results in validation reports. Innovation and Industry Trends: Contribute to research and development with risk-focused techniques. Demonstrate key competencies: Adaptability, Change Management, Teamwork & Collaboration, Problem Solving, and Planning. Establish individual goals, drive performance management, support career development, and reward strong performance. Collaborate cross-enterprise teams for better solutions. What do you need to succeed? Must-have: 3+ years in machine learning model development, validation, or financial crimes risk management 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 Bachelor’s degree in a relevant field (Finance, Data Science, Economics, Mathematics etc.) Strong written and oral communication skills; business writing experience Knowledge of regulations related to Financial Crimes 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, competitive compensation, commissions, and stock where applicable 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 A world-class training program in financial services Opportunities to take on progressively greater scopes of work Job Skills Anti Money Laundering Training, Business Perspective, Communication, Data Science, Decision Making, Financial Regulation, Interpersonal Relationship Management, Machine Learning (ML), Model Development, Model Validation, Operational Integrity, Organizational Governance, Problem Solving, Process Management, Risk Management, Statistical Analysis, 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: 2026-06-23 Application Deadline: 2026-07-07 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. 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. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.‎ We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.