About the position
The Internal Audit (IA) Manager - Risk Management will support the team in providing independent, objective assurance over the design and execution of the Bank's risk management practices established through Enterprise and Operational Risk's internal infrastructure, frameworks, policies, management reporting, and board reporting. The Risk Management Audit Team influences change across the second line of defense through audit coverage over the Chief Risk Officer's organization. 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.
Responsibilities
- Participate and support audit engagements/projects primarily focusing on Enterprise, Operational, and Capital Risk.
- Key coverage areas include Risk Governance & Oversight; Risk Identification, Assessment & Measurement; Risk Appetite; Issues Management; Risk Data Aggregation & Reporting; Risk and Control Self-Assessment; Recovery & Resolution; and the firm's efforts to integrate Risk within Business Processes.
- Assess operational risks including Business Continuity, Finance, Fraud, Information Management, Legal, Model, People, Privacy, Processing & Execution, Product & Suitability, Safety & Security, Tax, and Third Party.
- Conduct Stress Testing, Capital Planning, and Comprehensive Capital Analysis and Review (CCAR).
- Evaluate Reputational Risk and Strategic Risk.
- Support the execution of the annual audit plan in alignment with IA methodology.
- Assist IA leadership to improve internal processes and audit coverage.
- Support continuous risk monitoring and assessment of key and emerging risks.
- Deliver key insights to management and support functions.
- Contribute to the continuous improvement of audit methodologies and practices.
Requirements
- Undergraduate degree, or equivalent work experience.
- At least five years of IA experience.
- Experience drafting and negotiating findings and audit reports.
- Strong critical thinking and interpersonal skills.
- Strong understanding of risk governance frameworks for banking organizations.
Nice-to-haves
- Board experience, regulatory background, consulting/public accounting experience.
- Experience working for large scale, matrixed organizations.
- Risk management experience within the first or second line of defense.
Benefits
- Comprehensive Total Rewards Program including bonuses and flexible benefits.
- Competitive compensation, commissions, and stock where applicable.
- Leaders who support your development through coaching and managing opportunities.
- Ability to make a difference and lasting impact.
- Work in a dynamic, collaborative, progressive, and high-performing team.
- Flexible work/life balance options.
- Opportunities to do challenging work.
- Opportunities to take on progressively greater accountabilities.
- Access to a variety of job opportunities across business.
