Audit Manager, P&CB and CAO

Job Summary

Job Description

What is the opportunity?

In Partnering across the enterprise, Internal Audit (IA), also known as the Chief Audit Executive Group (CAE), a division within RBC, has a mandate to provide independent, objective risk assessment and evaluation of the adequacy and effectiveness of risk management practices, internal controls and governance processes for all areas of RBC.

While remaining independent and objective, IA works with management in achieving business objectives by ensuring appropriate remedial action takes place to improve operations in areas with identified weaknesses.

Key stakeholders include the board of directors, shareholders' auditors, regulators and senior management. As a dynamic global team, we are building a team to accelerate and enable our strategy, goals and transformation efforts.

As a Manager, Internal Audit, you will assess the effectiveness of internal controls, risk management practices, corporate governance processes, and fraud prevention and detection, in the Personal & Commercial Banking (P&CB) and Chief Administrative Office (CAO) platforms.

You will gain exposure to RBC products, services, businesses, platforms and functions to become a subject matter expert.

You will have an opportunity to develop audit and data analytics skills and to develop and apply a keen sense of challenge.

• IA is currently undertaking a number of initiatives as well as continuous improvement opportunities. Examples of areas of transformation activities in support of IA group include : (i) implementation of transformational strategic initiatives underpinning a multi-year audit strategy;
• ii) ensuring large initiatives (i.e., analytics and automation; IA operational process reviews; etc.) are well managed and executed with appropriate change management support;

and (iii) other strategic activities in support of the global IA team as we remain a leading Internal Audit function

What will you do?

• Contribute to execution of audits in the annual plan, and formally documents audit evidence, in accordance with Internal Audit guidelines.
• Assess effectiveness of internal controls, risk management practices and governance processes in order to draw conclusions to complete the audit programs.
• Develop and draft recommendations relating to audit program conclusions, to the Senior Manager, Internal Audit.
• Identifies the key risks and potential business impacts (with guidance from the Senior Manager leading the audit)
• Identify opportunities for incorporating advanced analytics by providing detailed and clear questions to the team Data Analytics Lead or Data Scientist.
• Respond to stakeholder needs quickly and efficiently.
• Build trusting relationships with Internal Audit peers and business partners.
• Ability to work in a dynamically changing environment.

What do you need to succeed?

Must-have

• 4+ years' relevant industry experience, specifically in a financial institution or technology company.
• Undergraduate degree
• Robust understanding of the key risk and control principles, including Operational Risk, Regulatory Compliance / AML risk, Reputational Risk and, Credit Risk, as evidenced by experience or internal / external courses.
• Strong written and verbal communication, presentation, and technical writing skills, coupled with a strong interest in further developing and integrating audits with technology skills.
• A curious and ambitious mindset, willing to identify opportunities to enhance how we work in IA

Nice to have

• Understanding of Personal & Commercial Banking (P&CB) business segment, and enterprise functions such as Corporate Real Estate, Procurement, Brand and Marketing.
• Excellent analytical, problem solving, time management and organizational skills.
• Ability to review and understand data visualization and reporting
• Working towards / or existing holder of a professional accounting license, audit and other industry-relevant certifications is considered beneficial.

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.

• Excellent exposure to communicate with various business partners and stakeholders
• Opportunity to obtain hands-on experience throughout your role
• Working with an exciting, close-knit, supportive & dynamic group
• Opportunity to collaborate with other business segments within RBC
• Access to top-tier learning resources to help shape your professional career
• Excellent career development and progression opportunities
• A comprehensive Total Rewards Program including bonuses and flexible benefits
• Competitive compensation

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Job Skills

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