Royal Bank of Canada

Job Summary

Job Description

What is the opportunity?

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.

What will you do?

• Key responsibilities to 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.
  • Operational risks (Business Continuity; Finance; Fraud; Information Management; Legal; Model; People; Privacy; Processing & Execution; Product & Suitability; Safety & Security; Tax; and Third Party.
  • Stress Testing, Capital Planning, and Comprehensive Capital Analysis and Review (CCAR) .
  • Reputational Risk.
  • Strategic Risk.
• Supports the assessment of key and emerging risks, working with all risk stripes to aggregate risks to the Audit Committee and facilitating plan adjustments.
• Delivers of key insights to management and supporting functions. Leveraging expertise in business strategy to support the audit function and the organization with actionable insights to drive ongoing success.
• Supports the continuous improvement of audit methodologies, audit approach, and related practices with particular emphasis towards collaboration with key partners, leveraging the use of analytics, business intelligence, and other enabling approaches, technologies, and tools.

What do you need to succeed?

Must-have

• Bachelors degree
• 5+ years of experience in Internal Audit
• Experience drafting and negotiating findings and audit reports.
• Strong understanding of risk governance frameworks for banking organizations.

Nice-to-have

• 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.

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, 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

For New York or New Jersey Applicants only:

The good-faith expected salary range for the above position is $80,000-$135,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC’s high performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

#LI-POST

#LI-Hybrid

Job Skills

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

Additional Job Details

Address:

GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY

City:

Jersey City

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

INTERNAL AUDIT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-09-20

Application Deadline:

2025-05-12

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.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

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.

Read Full Description