Senior Manager – Commercial Banking Internal Audit
| Company | Royal Bank of Canada |
|---|---|
| Location | Toronto, ON, Canada |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | |
| Experience Level | Senior |
Requirements
- 5+ years’ relevant industry experience in a financial institution, or Internal Audit, Compliance or Risk Management role.
- Deep understanding of risk and control concepts, with ability to formulate audit procedures, evaluate materiality of deviations, as well as strength of management practices.
- Good understanding of the risks associated with Commercial Banking services, products and processes, in areas such as lending, treasury management, payments and trade finance.
- Strong written and verbal communication and presentation skills, with experience interacting with Senior Management and Executives.
- Excellent analytical, problem solving, time management and organizational skills.
Responsibilities
- Lead all aspects of an audit including planning, execution and reporting.
- Recommend risk-based audit scope to ensure adequate coverage of key risk areas to support an overall opinion on internal controls and risk management practices to Senior Management.
- Develop and execute audit programs and procedures to assess design and operating effectiveness of controls implemented.
- Manage a team of professional auditors assigned to the engagement and review audit work for sufficient scope, accuracy and alignment with Internal Audit methodology.
- Develop and draft issues and recommendations relating to control gaps identified, as well as overall audit conclusions based on control strengths and weaknesses.
- Build and maintain effective working relationships with key business stakeholders. 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. 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 and Keep abreast of organizational, regulatory, product, strategic and financial changes and/or trends through continuous monitoring to identify top and emerging risks impacting assigned business units.
Preferred Qualifications
- Post-graduate degree and/or Professional designation (e.g. MBA, CPA, CFA, FRM, CIA).
- Knowledge of digital product management.
- Experience with developing data visualization and reporting.