Job Description

What is the opportunity?

As an Audit Manager, Internal Audit (IA), Group Risk Management, you will gain exposure to RBC businesses and functions and become a leader and subject matter expert on topics of financial and non-financial risk. You will evaluate the effectiveness of internal controls, risk management practices, and corporate governance processes within Group Risk Management-GRM, and provide insights on behalf of the GRM audit team. You will lead or support the planning, execution and reporting of audit engagements. Work will span planned internal audits, ad-hoc investigations, regulatory exams, continuous risk monitoring and audit issue verification and resolution. You will utilize data analytic tools to provide assurance and insights, and act as a trusted advisor to the function.

RBC Internal Audit 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?

• Actively contributes to team discussions, openly shares experiences and ideas to improve audit practices and coverage, and challenges others’ thinking or approaches in a constructive manner.

• Will support or lead internal audits from planning through to reporting. This includes ensuring the audit coverage is adequate for the issuance of an overall opinion on internal controls and risk management practices to senior management; execute audit work, drafting, supporting and communicating audit issues; assessing management action plans; and reviewing working papers. Use appropriate data analytics to identify and ensure adequate coverage of key risks.

• Support the Director IA GRM on all regulatory engagements for the GRM IA team, including responses, material/document collection, and regulator inquiries.

• Support the Director IA GRM on all regulatory reporting requirements for the GRM IA function including CAE Reports for mandatory SAPs, Approach and Strategy Documents, Continuous Risk Monitoring Reporting, and Risk Governance Framework Reporting.

• Support the Director IA GRM on all GRM IA team special initiatives, including annual audit planning, and quarterly platform and audit committee reporting.

• Ability to identify and assess risks and controls within the assigned audit area, provide guidance to the teams in the creation and execution of their testing, maintain and/or review appropriate working papers and finalize audit issues, and communicate findings and conclusions.

• Assess effectiveness of internal controls, risk management practices and governance processes in order to effectively draw conclusions and generate insights. Discover patterns, insights, trends and anomalies from straightforward analyses, data sets and visualization tools.

• Maintain effective working relationship with key stakeholders ensuring they get maximum value from our engagement work.

• Effect change by providing input and feedback on management action plans to effectively address identified deficiencies, and ensure implementation in a timely manner.

• Keep abreast of organizational, regulatory, product, strategic and financial changes and/or trends impacting the function.

• Support quarterly reporting activities for GRM IA team, including audit committee reporting and GRM Operating Committee reporting packages.

What do you need to succeed?

Must-have

• Experience working in matrix teams towards a common objective; project management experience.
• Ability to quickly understand the risks associated with new services and products, and to formulate practical audit procedures to address them; ability to solve problems while working under pressure.
• Strong knowledge of the GRM Function, including GRM Operational Risk and, Enterprise Risk.
• Strong understanding of auditing principles and techniques and has excellent project management skills and excellent oral and written communication skills, and ability to interact with senior business management.
• Strong risk management knowledge and strong risk and control mind-set
• Undergraduate quantitative degree (e.g. B.Com., B. Math, P.Eng., MSc (Data Science)

Nice-to-have

• Professional accounting or audit certification
• Experience working as a contributing team member on a special project
• Experience in GRM

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
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work