Job Summary
Job Description
What is the opportunity?
The Internal Audit Senior Manager - Risk Management will provide independent, objective assurance over the design and execution of the Bank’s risk management practices established through Enterprise and Operational Risk’s internal infrastructure, frameworks, policies, management reporting, and board reporting. This role is a key contributor to maturing the Internal Audit (IA) function and influencing change across the second line of defense through audit coverage over the Chief Risk Officer’s organization. Act as a conduit for management reporting across all risks frequently interacting with senior leadership across the organization, including coordination with the parent company’s internal audit teams.
What will you do?
- Key responsibilities to participate in and oversee audit engagements/projects primarily focusing on Enterprise, Operational, and Capital Risk with broader coverage of:
- Risk Governance & Oversight; Risk Identification, Assessment & Measurement; Risk Appetite; Issues Management; Risk Data Aggregation & Reporting; Risk and Control Self-Assessment; Recovery & Resolution; and the firm’s efforts to integrate Risk within Business Processes.
- Operational risks (Business Continuity; Finance; Fraud; Information Management; Legal; Model; People; Privacy; Processing & Execution; Product & Suitability; Safety & Security; Tax; and Third Party).
- Stress Testing, Capital Planning, and Comprehensive Capital Analysis and Review (CCAR)
- Reputational Risk
- Strategic Risk
- Initiates collaboration with and assesses the effectiveness of key risk management practices within the second line of defense.
- Drives the continual assessment of key and emerging risks, working with all risk stripes to aggregate risks to the Audit Committee and facilitating plan adjustments as necessary.
- Delivers key insights to management and supporting functions.
- Supports the continuous improvement of audit methodologies, audit approach and related practices.
- Coordinates and manages regulatory requests and examinations with bank regulators and external auditors.
What do you need to succeed?
Must-have
- Bachelors Degree
- 7-10+ years of IA experience coupled with relevant risk management experience within the first or second line of defense.
- Experience drafting and negotiating findings and audit reports.
- Strong understanding of risk governance frameworks.
Nice-to-have
- Board experience, regulatory background, consulting/public accounting experience.
- Experience working for large scale, matrixed organizations.
What’s in it for you?
- A comprehensive Total Rewards Program including competitive compensation, bonuses, and flexible benefits
- Continued opportunities for career advancement
- World-class sales training, coaching, and development opportunities
- Support from a dynamic, collaborative, progressive, and high performing team, as well as world-class tools and training
- Opportunity to achieve great success and grow your career with RBC
The good-faith expected salary range for the above position is $110,000-190,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.
RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
- Drives RBC’s high performance culture
- Enables collective achievement of our strategic goals
- Generates sustainable shareholder returns and above market shareholder value
#LI-POST
#LI-Hybrid
Job Skills
- Adaptability
- Auditing
- Commercial Acumen
- Communication
- Detail-Oriented
- Internal Controls
- Interpersonal Relationship Management
- Long Term Planning
- Results-Oriented
Additional Job Details
Address: GOLDMAN SACHS TOWER, 30 HUDSON STREET: JERSEY CITY
City: Jersey City
Country: United States of America
Work hours/week: 40
Employment Type: Full time
Platform: INTERNAL AUDIT
Job Type: Regular
Pay Type: Salaried
Posted Date: 2024-09-05
Application Deadline: 2024-10-31
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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