Director, Internal Audit

As Director, Internal Audit - Commercial Banking, you will lead a team and assess the effectiveness of internal controls, risk management practices, and corporate governance processes of RBC’s Commercial Banking segment in Canada. You will work with key partners across Internal Audit (Credit, Operations, IT Audit etc.) to deliver on this mandate and act as a trusted advisor to the business while remaining objective and independent as the Third Line of Defense.

Internal Audit is part of the RBC Chief Audit Executive (CAE) Group which 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.
- Oversee all aspects of an audit including planning, execution and reporting:

- Provide oversight of Audit Lead and a team of multi-disciplinary auditors assigned to the engagement for sufficient scope, accuracy and alignment with Internal Audit methodology.
- Ensure adequate coverage of key risk areas to support an overall opinion on internal controls and risk management practices to Senior Management.
- Ensure the breadth and scope of audit documentation including audit issues are complete, accurate with the sufficiency and appropriateness of the evidence obtained to support the conclusion.
- Support management in developing robust action plans to address deficiencies, and ensure corrective actions are implemented in a timely manner to effectively address the issues.
- Contribute to the annual audit planning and risk assessment processes, and ensure adequate coverage of key risk areas. Also identify opportunities for Internal Audit to provide assurance or advisory services consistent with its role to evaluate and improve risk management, control, and governance processes.
- As a strategic thinker, develop new assurance strategies and data-driven approaches to produce risk and control insights for business partners, and increase Internal Audit’s efficiency and effectiveness.
- Keep abreast of organizational, regulatory, product, strategic and financial changes and/or trends through continuous monitoring and assess their impact on assigned business units.
- Lead, coach and further develop a team of internal audit professionals. Contribute to creating and maintaining a positive, collaborative, transparent and productive working environment within the team.
- Develop and maintain authentic, positive and productive working relationships with senior leadership within Commercial Banking.

**What do you need to succeed?**

Must-have
- Strong leadership and people management skills, with excellent communication skills.
- Demonstrated expertise and deep knowledge of internal audit including risk-based audit plan development, proven ability to identify risks and assess the effectiveness of internal controls, engagement management, report and issue writing, managing executive level client meetings and relationships.

Nice-to-have
- Knowledge of Commercial Banking products/processes (in areas such as lending, treasury management, payments and trade finance).
- Graduate Degree in Business/Finance, Professional Accounting or Audit certification (e.g. MBA, CPA, CFA, FRM, CIA).
- Audit experience in a leadership role

**Job Skills**

Adaptability, Auditing, 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**:
2025-09-29

**Application Deadline**:
2025-10-29

**I**nclusion** and Equal Opportunity Employment**

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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