Senior Director, Global Credit

5 days ago


Mississauga, Ontario, Canada RBC Full time

Job Summary

Job Description

Senior Director Internal Audit – Global Credit (Retail Credit)

What is the opportunity?

As Senior Director Internal Audit – Global Credit, you will support the Vice President Global Credit, Internal Audit in providing independent, objective risk assessment and evaluation of the effectiveness of risk management practices, internal control and corporate governance processes for the global Credit Risk portfolios in RBC. It focuses on all the credit risk management activities across all client segments (e.g., Corporate, Commercial, Wealth Management, Small Business and Retail) and all geographies and includes coverage for both first line and second line. This includes all credit risk related areas such as control environment, regulatory compliance and issue validation and credit risk management activities that support the identification, assessment, oversight/challenge, monitoring, testing and reporting of credit risk. The role works with management on achieving business objectives by creating solutions to improve business operations, while remaining objective and independent. Results ultimately impact shareholders, employees and customers.

The RBC CAE 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.

What will you do?

  • Lead a team of directors, senior managers and professional auditors responsible for complex and large engagements in terms of product, location or client relation
  • Direct, counsel, and instruct staff assigned to the engagement and review audit plan, findings and reports for sufficient scope and for accuracy
  • In concert with the Vice President, develop the annual Audit Plan for Global Credit ensuring that audits conform to regulatory and internal audit requirements, and coordinate for the global Retail Credit Risk audit coverage
  • Provide input and participate in the IA Global Credit strategic planning process
  • Direct/ supervise/ implement the execution of audit plan and ensure effective and consistent practices for Credit Risk audits/CRR and continuous risk monitoring
  • Integrate data analytics in audit execution and provide horizontal opinion on RBC Credit Risk management activities globally
  • Provide consulting and advisory services or lead audits which are consistent with our role to evaluate and improve the effectiveness of risk management, control, and governance processes, providing the services do not represent a conflict of interest or detract from our mandate
  • Communicate trends in risk and control issues to senior management on the results of ongoing reviews of Credit Risk portfolios.

What do you need to succeed?

Must-have

  • 10-15 years' experience in financial services with 7-12 years' Retail Credit Risk experience (including Banking or 2nd line risk management) and people management
  • Excellent communication and problem solving skills
  • Outstanding interpersonal relationship and collaboration skills
  • Strong organization, time management, people management and prioritization skills

Nice-to-have

  • Business degree and or CPA/CFA; MBA nice to have

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
  • 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
  • Flexible work/life balance options

#LI-Hybrid

#LI-POST

Job Skills

Adaptability, Auditing, Credit Risk Analytics, Detail-Oriented, Internal Controls, Interpersonal Relationship Management, Long Term Planning, Multi-Level Communication, Organizational Savvy and Politics, Results-Oriented

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: 2025-03-10

Application Deadline: 2025-03-31

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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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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