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Royal Bank of Canada

Global banking, wealth management, and insurance

AML Model Testing Manager

Financial Crime & AMLConfirmed live in the last 24 hours
Full-timeToronto, ON, CanadaNo salary listedIn-person

About the Job

Requirements

  • Hands-on experience with SQL, SAS, Python, and Dataiku for data processing, querying, and automation.
  • Post-secondary education or equivalent.
  • Ability to design complex test cases covering all scenarios.
  • Effective communication and collaboration skills to work effectively with cross-functional teams.

Responsibilities

  • Gather relevant test information and the model white paper to understand the model’s design background and update context, and communicate with the development team to understand testing requirements.
  • Work with the Testing Lead to determine testing priorities based on business requirements, define the testing scope and methodology, and develop a testing plan.
  • Set up the testing environment and develop testing programs to use during testing.
  • Use the model white paper as a guideline to conduct code logic validation, implement coding-standard checks, compare code differences against documentation, and ensure code adheres to best practices and passes an initial logic review.
  • Design unit tests covering normal, abnormal, and corner cases to verify that code consistently produces correct results that meet business requirements under all circumstances.
  • Develop integration tests as needed to ensure that different modules, components, or systems function correctly together.
  • Provide reasons for test failures along with suggestions for improvement based on testing results.
  • Collaborate closely with stakeholders to facilitate issue resolution and ensure the model passes all test cases.
  • Prepare a detailed, well-structured test report documenting testing methodologies, designed test cases, identified code issues, and corresponding resolutions.
  • Ensure compliance with regulatory and internal documentation standards.
  • Evaluate the applicability of existing AI tools in AML model testing.
  • Explore AI Agent workflow implementations to automate routine testing operations, including code logic validation, compliance auditing, and intelligent unit test generation, to enhance testing efficiency and reduce manual workload.
  • Explore how to define decision boundaries for AI Agents and establish triggers for human review checkpoints.
  • Collaborate closely with the Senior Manager and other stakeholders to align AML testing strategies with business needs.
  • Stay informed of industry best practices in AML model development testing.
  • Support process improvements to enhance efficiency and robustness in AML model code testing.

Desired Qualifications

  • Bachelor’s degree in Statistics, Mathematics, Engineering, or Computer Science, or a related field.
  • Familiarity with machine learning or data science techniques.
  • Practical experience using AI tools for code testing or software development.

About the Company

Royal Bank of Canada

Global banking, wealth management, and insurance

What does RBC do? It provides a wide range of financial services including personal and commercial banking, wealth management, insurance, investor services, and capital markets to clients in Canada, the United States, and 27 other countries. How do its products work? It earns revenue from loans, mortgages, investment products, and advisory services, and uses technology to deliver a seamless client experience across a diversified set of financial services, with an emphasis on digital tools and customer service. How is RBC different from competitors? It combines scale and global reach with a principles-led culture, a strong focus on community impact, and a large, diverse workforce (94,000+ employees) to drive client outcomes and continuous innovation. What is RBC’s goal? To help clients prosper and communities thrive by delivering reliable financial solutions and services while adapting to changing needs and maintaining leadership in the financial sector.

Company size
10,001+
Company stage
IPO
Headquarters
Toronto, Canada
Founded
1864

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