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
TORONTO
Country : Canada
Canada
Work hours / week : 37.5
37.5
Employment Type : Full time
Full time
Platform : INTERNAL AUDIT
INTERNAL AUDIT
Job Type : Regular
Regular
Pay Type : Salaried
Salaried
Posted Date : 2024-08-14
2024-08-14
Application Deadline :
2024-12-31
I nclusion 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.
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 .
Manager/Senior Manager, Quantitative Market Risk Models - Financial Engineering and Modeling
This includes, but is not limited to, people with disabilities, candidates from Indigenous communities, and candidates from the Black community in support of living our values, creating a culture of Diversity Equity and Inclusion and our commitment to our AccessAbility Action Plan , Reconciliation A...
Manager/Senior Manager, Quantitative Market Risk Models - Financial Engineering and Modeling
This includes, but is not limited to, people with disabilities, candidates from Indigenous communities, and candidates from the Black community in support of living our values, creating a culture of Diversity Equity and Inclusion and our commitment to our AccessAbility Action Plan, Reconciliation Ac...
Technology Risk Senior Consultant, Deloitte Global Risk and Brand Protection
Basic knowledge of Information Systems Security, cyber security, IT auditing, IT risk management and compliance and/or vendor security risk management. As a Technology Risk Consultant within the Global Risk & Brand Protection group, specifically under the Cybersecurity Oversight, Technology Risk Fun...
Senior Risk Data Engineer / Risk Management Data Analyst - Toronto, ON
Senior Risk Data Engineer / Risk Management Data Analyst . Experience working on projects (Agile methodologies) related to pricing/risk and Market and Credit/Counterparty data for Risk engines. Know pandas and Python ( Important & Mandatory). Should have worked on ESG and Climate risk projects in th...
Senior Advisor, Credit Risk Management
Knowledge of credit risk models and methods: risk parameters (PD, PCD and ECD), collateral management, limit and risk management . Advise and support internal clients and partners in the positioning, planning, development, implementation and follow-up of various strategic projects and mandates under...
Senior Business Analyst, Strategy and Analytics
You’ll be deployed to a team across all areas of the business such as product, credit, fraud, marketing, and more - and over time, you’ll have the opportunity to rotate across teams to keep things fresh, and help you build a well-rounded understanding of our business. From health and fitness center ...
Marketing and Sales Coordinator - Entry Level
By bringing to life the client and the brand’s vision through live and creative campaign launches, we will be able to achieve our HUGE goals! Responsibilities for our entry-level Marketing and Sales Coordinator: Execute all marketing and sales strategies with the brand coordinator team by comp...
Territory / Senior Territory Manager
Drive the success and growth of your sales territory through cold calling and on-site visits to meet and exceed individual and team goals. We are a fast-paced, high-tech medical device company looking for the right person to help grow our business and reap the rewards of doing it! We hire the best p...
Senior Director, Audit and Advisory Services
The Senior Director, Audit and Advisory Services is accountable for the oversight and delivery of high quality, professional, cost-effective, beneficial and risk-based internal audit services for global actuarial audits associated with the company’s actuarial risk framework including corporate prici...
Senior Manager, Key Account Management Team
As a Senior Manager, Key Account Management Team, you’ll develop and execute a strategy to ensure ROI on reinvestment and retention activities is maximised whilst promoting safe and sustainable play from our High value customers. Due to major growth we are expanding our Growth team in Toronto and ar...