Senior Manager, Financial Risk, Internal Audit

2 weeks ago


TORONTO, Canada Royal Bank of Canada Full time

Job Summary

Job Description

What is the opportunity?

An exciting opportunity to be a key member of the Internal Audit, Financial risk team. As a Senior Manager, you will provide an independent and objective assessment of the effectiveness of RBCâs risk management practices with a primary focus on Market Risk and Counterparty Credit Risk, and support effective audit planning, testing, reporting and validation of regulatory issues.

Reporting to Director, Head Capital Markets Financial Risk, Internal Audit, this role provides an independent and objective assessment of the effectiveness of risk management practices at RBC on Financial Risk areas primarily including Market risk and Counterparty Credit risk. The role offers exposure to Internal Audit coverage across RBC entities globally, including Canada, US, Europe/UK and APAC, in line with audit plan.

The RBC Chief Audit Executive Group 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.

**Please note this is 15 month contract position**

What will you do?

  • Plan and execute technical/complex audits related to a broad range of Market risk and Counterparty Credit risk topics including risk governance, policy framework, risk appetite, limit structure, risk measurement, reporting, capital aggregation, stress testing, and model risk.
  • Assist with the validation of regulatory matters issued by relevant regulatory bodies.
  • Contribute to audit planning and ensure adequate coverage of key business processes to support an independent and objective assessment and opinion on the effectiveness of internal controls and risk management practices.
  • Develop audit programs and execute/manage the audit plan execution to ensure design and operating effectiveness.
  • Continually develop and maintain working relationship with business stakeholders to become a trusted advisor.
  • Contribute to the development of a risk-based multi-year audit approach.
  • Conduct effective continuous risk monitoring activities. Drive process improvements to enhance operational efficiency and effectiveness.
  • Keep abreast of changes in organizational, regulatory, strategic, financial, and business environments trends.

What do you need to succeed?

Must-Have

  • 7+ years of experience in any or more of these fields: Market Risk, Counterparty Credit Risk, Capital Markets, Valuations, Treasury, or Regulatory Capital as 1LoD, 2LoD or Internal Audit (3LOD).
  • Experience/knowledge of traded and OTC products including derivatives and their associated risks, and risk measurement & management practices.
  • Finance or Quantitative degree and/or CPA/CFA/FRM certification.

Nice to have

  • Experience or working knowledge of Internal Audit best practices.
  • Understanding of regulatory expectations impacting regulatory capital requirements.
  • Team player with strong collaborative and communication skills. Detail oriented, proactive, quick learner, self-driven to take initiative, able to manage multiple tasks under tight/competing deadlines. Has flexibility to adapt well to changing priorities. Has strong analytical, critical thinking skills and a broad picture mindset.
  • Proficient with using Excel/VBA/Python.

Whatâs 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, flexible benefits and competitive compensation.
  • Leaders who support your development through coaching and managing opportunities.
  • Ability to make a difference and lasting impact.
  • A world-class training program.
  • Opportunities to do challenging work.

Job Skills

Adaptability, Analytical Thinking, Audit Programs, Capital Markets, Counterparty Credit Risk (CCR), Detail-Oriented, Financial Risk, Internal Auditing, Internal Controls, Interpersonal Relationship Management, Market Risk, Multi-Level Communication, Project Management, Results-Oriented, Risk Management, Strategic

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:

Contract (Fixed Term)

Pay Type:

Salaried

Posted Date:

2024-05-01

Application Deadline:

2024-05-14

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.
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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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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.



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