Senior Manager, Internal Audit- Group Risk Management, Balance Sheet Risk and Capital

October 18 2024
Industries Bank, Insurance, Financial services
Categories Bank, Insurance, Financial services, Certification, Audit, Consulting, Credit, Risk, Financial Analysis, Management, Administration,
Toronto, ON • Full time

Job Summary

Job Description

What is the opportunity?

An exciting opportunity to be a key member of the Internal Audit Group Risk Management Financial risk team. As a senior manager, you will provide an independent and objective assessment of the effectiveness of RBC's risk management practices with a primary focus on Balance Sheet risks (e.g., Liquidity and IRRBB) and Capital ( ICAAP, Stress Testing, Recovery and Resolution Planning) and support effective audit planning, testing, reporting and validation of regulatory issues.

The RBC CAE Group 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.

What will you do?

  • Plan and execute technical/complex audits related to a broad range of key Balance sheet risk topics including Liquidity risk (Asset Liability Management - FTP/ IRRBB), Stress Testing, Model risk, Capital measurement and Internal Capital Adequacy (ICAAP).
  • Contribute to audit planning and ensure adequate coverage of key business processes to support an independent and objective assessment and opinion on the effectiveness of internal controls and risk management practices.
  • Assist with the validation of regulatory matters issued by relevant regulatory bodies.
  • Conduct effective continuous risk monitoring activities.
  • Document audit working papers and evidence of findings in accordance with IA methodology.
  • Develop audit programs that drive process improvements through greater use of predictive data capabilities and tools to enhance operational efficiency and effectiveness.
  • Maintain effective working relationships with key stakeholders.
  • Keep abreast of changes in organizational, regulatory, strategic, financial, and business environments trends

What do you need to succeed?

Must-Have

  • 5+ years of risk management/ Corporate Treasury experience as 1LoD or 2LoD with direct experience and strong knowledge in any of one or more of these fields: Treasury and Balance sheet management / IRRBB/ Capital Markets/ Stress Testing/Capital Management/ Valuations.
  • Quantitative degree in Finance / advanced modelling or related.
  • Team player with strong collaborative and communication skills. Able to influence key stakeholders to achieve consensus and meet objectives, and work independently as well as in a team environment.
  • Detail oriented, proactive, quick learner; self-driven to take initiative, able to manage multiple tasks under tight/ competing deadlines. Has flexibility to adapt well to changing priorities.
  • Have strong analytical, critical thinking skills and a broad picture mindset.

Nice to have

  • Experience or working knowledge of Internal Audit best practices, methodologies, policies,
  • procedures focused on Banking or Capital Markets.
  • Deep understanding of Financial Services industry regulations.
  • Proven experience of leading others, ability to build strong relationships,
  • Professional qualification such as CPA /CFA/FRM certification or studying towards is a plus.
  • Proficient with using Excel/VBA/Python is an asset.

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.
  • Opportunities to do challenging work.
  • Opportunities to take on progressively greater accountabilities.
  • Ability to make a difference and lasting impact.

#LI-Hybrid

#LI-POST

Job Skills

Adaptability/Flexibility (Inactive), Adaptability/Flexibility (Inactive), Auditing, Auditng (Inactive), Audit Programs, Balance Sheet Analysis, Balance Sheet Management, Capital Adequacy, Commercial Acumen, Detail-Oriented, Financial Risk, ICAAP (Inactive), Internal Controls, Interpersonal Relationship Management, Liquidity Management, Liquidity Risk, Market Risk, Multi-Level Communication, Organizing, Quantitative Models, Quantitative Risk Analysis, Regulatory Capital, Results-Oriented, Stress Testing, Technical Auditing {+ 1 more}

Additional Job Details

Address:

20 KING ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

INTERNAL AUDIT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-08-14

Application Deadline:

2024-12-31

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.
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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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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.

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