Senior Manager, Internal Audit, Credit Risk COE

Job Summary

Job Description

What is the opportunity?

As a Senior Manager, Credit Risk CoE – Internal Audit Services, you will provide independent, objective risk assessment and evaluation of the effectiveness of risk management practices, internal control and corporate governance processes related to credit risk across Business and Retail banking. Results ultimately impact key stakeholder relationships including management, regulators, shareholders, and customers.

RBC Internal Audit leverages a unique perspective— with a coordinated view across the entire business—to deliver valuable advice that not only gives assurance, but that illuminates a bigger picture, connects dots, builds best practices and broadens possibilities. We connect intelligence to protect and enable RBC.

What will you do?

• Provide your insights through in-depth knowledge of Financial Services, Canadian Banking, and Credit Risk Management.
• Provide input and participate in the Internal Audit annual strategic planning process.
• Contribute to and lead audit engagements related to first line/business and second line/risk management: plan, execute, and report audit projects during a monthly and quarterly cycle.
• Through in-depth understanding of the Business and Retail banking businesses, including changes to the regulatory and business environments, develop audit programs to ensure effective control solutions are implemented.
• Ensure effective audit practices for traditional and continuous audits: responsible for the generation of continuous audit techniques and execute quarterly continuous audit.
• Contribute to the execution and implementation of Internal Audit Credit Risk COE transformational initiatives to drive efficiency and enhanced effectiveness for repetitive credit risk processes.
• Build and maintain data analytics capabilities in support of Audit Group activities, to expand assurance scope/coverage, increase efficiencies, and gain insights.
• Create networks and relationships with key stakeholders in the Enterprise/Platform/Function, to ensure their team is equipped with the right data, capabilities and tools for data analysis.

What do you need to succeed?

Must-have

• Strong project and audit engagement management capabilities.
• High levels of engagement for your individual/independent work and collaboration/contributions to the team work i.e. methodically digests relevant work material, is not afraid to ask clarifying questions, and delivers quality draft reports and presentations.
• Strong written and verbal communication, presentation, and technical writing skills, coupled with a strong interest in further developing your knowledge base of financial services industry, banking, credit risk management, and internal audit.
• University undergraduate degree. Relevant professional certification strongly preferred (e.g. CIA, CA, CFA, MBA) and/or equivalent work experience within financial services, banking, and/or risk management.

Nice-to-have

• In-depth knowledge of Canadian Banking: credit products, risk management, operations, and the first, second, and third line model of defense.
• Excellent knowledge of Credit Risk Management: Business or Retail Banking products and businesses and related risk management processes i.e. governance, credit origination, risk assessment, adjudication, credit portfolio management.
• Proficient in auditing principles and techniques: can work independently to prepare key risk and control information, audit programs and design and operational control test steps.

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 and to be immersed in new technologies being leveraged by the bank.

Job Skills

Adaptability, Auditing, Commercial Acumen, Detail-Oriented, Internal Controls, Interpersonal Relationship Management, Multi-Level Communication, Organizational Savvy and Politics, Results-Oriented, Waterfall Project Management.

Additional Job Details

Address: 20 KING ST W:TORONTO

City: TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: INTERNAL AUDIT

Job Type: Regular

Pay Type: Salaried

Posted Date: 2024-11-08

Application Deadline: 2024-12-31

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above.

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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