Audit Manager, Corporate Functions

Job Description

The Audit Manager will work with the Sr. Audit Manager, and Director to execute bodies of work that assess the design and operating effectiveness of internal controls, adherence to regulatory requirements and Bank policies, and the effectiveness of Corporate Functions auditable units/ entities/ functions (e.g., HR, Strategic Planning, Corporate Governance, and Data Management). The Manager will be responsible for/or participating in all aspects of the audit, including the planning, fieldwork (i.e., testing execution), and reporting phases. The manager will also be involved in internal and external issue validation as well as audit continuous risk monitoring activities; along with Data Analytics to support continuous monitoring, leveraging the use of information analytics, business intelligence, data mining, and other technologies and tools.

This role will be based out of Toronto/Halifax in an RBC office location but will support City National Bank (an RBC Company)

What will you do:

• Leading and performing audits to verify the adequacy and effectiveness of controls over front-line assigned entities.
• Championing a thorough understanding of the assigned functions and risks, including but not limited to the understanding of US requirements as it relates to HR, Strategic Planning, Corporate Governance, and Data Management, associated regulations, guidance, and regulatory expectations
• Responsible for reviewing outstanding issues relating to source validation, reporting and controls, performing analysis to identify themes, determining the root cause of the weakness and preparing reports to communicate the test findings
• Assists with the development of audit budget estimates for respective area of focus.
• Assists with the development of the annual risk assessment and audit plan
• Leads and performs continuous monitoring activities periodically for the area assigned
• Maintains ongoing relationships with management of auditable units
• Keeps informed of new services, products and events that have a significant business and technology impact
• Keeps abreast of changes in the business, regulatory, and accounting and control environments in which City National Bank operates, especially for audit areas assigned.
• Tracks and manages audit resources to meet the audit budget and audit plan mandates.
• Supports a high-performance environment and assists with the implementation of a people strategy that attracts, retains, develops and motivates the team for continuous learning and improvement by fostering an inclusive work environment, communicating vison/ strategy, coaching, and supporting development goals.
• Complies fully with all CNB Bank policies and procedures as well as all US regulatory requirements (e.g. Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.).

What you need to succeed:

• Bachelor's Degree or equivalent
• Minimum 2-5 years of audit experience in an internal audit role within the banking or financial services industry, or with an public accounting firm with demonstrated increase in responsibilities.
• CPA or CIA preferred. Other certifications (e.g., CRMA, CFA, CFE, Chartered Accountant) are favorable
• A thorough understanding of regulatory and compliance policies and procedures.
• Possess expert understanding of internal audit methodology and principles.
• Ability to be resourceful, a self -starter, possessing a high degree of flexibility, creative thinking and confidence to carry out innovative solutions.
• Well-developed judgment, management, decision-making and problem-solving skills are required in order to effectively deal with a rapidly changing, complex business environment.
• Good time management skills in order to manage multi-functional accountabilities through prioritization, delegation, motivation, conflict resolution and the promotion of ideas.
• Excellent written communication skills are essential. In addition, should be skilled at verbal presentation, of a caliber suitable for direct exposure to executive management.

Job Skills

Adaptability, Auditing, Commercial Acumen, Communication, Detail-Oriented, Internal Controls, Interpersonal Relationship Management, Long Term Planning, 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:

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

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 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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