Job Summary
What is the Opportunity?
The Quality Assurance Associate within U.S. CFO Operations Office, Data Strategy & Analytics group will support the oversight and challenge of the firm’s information management (data) risk management activities in support of RBC’s CUSO operational risk management objectives, including regulatory reporting & perform independent and targeted data quality (DQ) assurance testing to assess the accuracy, completeness, and proper classification of reported data in conformance with regulatory reporting requirements; perform, document, and communicate analysis to support effective challenge of data management activities; and work closely with multiple other teams within US CFO group, Information Technology, Shared Data Management Services, and Second Line of Defense (2LoD).
Job Description
What will you do?
Regulatory Data Testing
- Obtain understanding of data and reporting processes and information technology architecture.
- Identify and assess risks related to sourcing, aggregation, provisioning, and reporting of data.
- Perform analysis and scoping activities to support determination of the nature and extent of data quality assurance testing.
- Apply testing techniques and methods in accordance with approved approaches to assess the accuracy, completeness, and proper classification of reported data in conformance with regulatory reporting requirements.
Communication and Documentation
- Engage with key stakeholders in data governance, finance, risk, and technology teams to gather information required for various types of data testing e.g., conformance, data tracing, data validation, data reconciliation etc.
- Effectively communicate requests and inquiries verbally and in writing, discuss observations and issues, and document procedures, assumptions, results, and conclusions.
- Discuss complex issues, resolve ambiguity, and reach agreement on resolution and remediation plans.
- Manage and maintain data quality testing artifacts such as testing process documents, raw data, testing results, stakeholder communication.
- Manage and report on work status, including escalating execution risks in a timely manner.
Change Execution
- Contribute to the continuous evolution of the Quality Assurance team’s capabilities through internal initiatives aimed at improving internal processes, controls and documentation.
- Build individual technical and communication skills and participate in knowledge-sharing activities as they become available.
- On occasional basis, perform additional responsibilities as requested to achieve business objectives.
WORKING CONDITIONS
- Ability to work with multiple stakeholders and drive lasting impact
- Work in a dynamic, collaborative, progressive and high-performing team
- This is a hybrid role with 3 days per week working from the office
What do you need to succeed?
- Graduate or Undergraduate Degree, with a focus in Accounting, Business, Finance, or a related field.
- Minimum 3+ years of relevant work experience.
- Significant experience planning and documenting substantive testing (e.g., in an audit role), and maintaining formal workpapers.
- Proven ability coordinating and communicating with multiple groups to drive progress and maintain transparency.
- Experience measuring and reporting progress of owned work, including preparing scorecards and escalating risks and issues as needed.
- Experience designing solutions to adapt to risks or obstacles to executing work.
- Excellent communication skills, written and verbal, including technical writing skills.
- Ability to quickly adapt to changing priorities.
- Knowledge of Capital Markets, Retail Banking, and Wealth Management products, preferably with a focus in Finance, Risk or Regulatory Reporting.
- Knowledge of data governance and data management operations concepts such as critical data elements, data lineage, data accuracy and completeness and data controls.
- Understanding of technical data concepts such as data ingestion, data warehouse, data lakes, master reference data, data models, systems of record, aggregation layer and reporting systems.
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
- Opportunities to do challenging work
- Opportunities to building close relationships with clients
The good-faith expected salary range for the above position is $80,000 - $130,000 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
Job Skills
Critical Thinking, Decision Making, Detail-Oriented, DevOps, IT Quality Assurance, Long Term Planning, Process Management, Risk Management, Software Product Testing, Test Automation
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:
Office of the CFO
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2024-02-15
Application Deadline:
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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