Job Description The Senior Manager, Internal Audit, Commercial Banking is a curious, dynamic, adaptable, solution-oriented leader and self-starter. You will be leading audit projects, assessing the effectiveness of internal controls, risk management practices, corporate governance processes, and fraud prevention and detection, in the Commercial Banking segment in Canada. You will gain exposure to RBC products, services, businesses, platforms to become a subject matter expert. You will develop audit and data analytics skills and apply a keen sense of challenge. You will also build strong relationships and act as a trusted advisor to auditees.

Internal Audit is part of the RBC Chief Audit Executive (CAE) Group which 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.

• Lead all aspects of an audit including planning, execution and reporting.
• Recommend risk-based audit scope to ensure adequate coverage of key risk areas to support an overall opinion on internal controls and risk management practices to Senior Management.
• Develop and execute audit programs and procedures to assess design and operating effectiveness of controls implemented.
• Manage a team of professional auditors assigned to the engagement and review audit work for sufficient scope, accuracy and alignment with Internal Audit methodology.
• Develop and draft issues and recommendations relating to control gaps identified, as well as overall audit conclusions based on control strengths and weaknesses.
• Build and maintain effective working relationships with key business stakeholders. Support management in developing robust action plans to address deficiencies, and ensure corrective actions are implemented in a timely manner to effectively address the issues.
• Contribute to the annual audit planning and risk assessment processes. Identify opportunities for Internal Audit to provide assurance or advisory services consistent with its role to evaluate and improve risk management, control, and governance processes.
• As a strategic thinker, develop new assurance strategies and data-driven approaches to produce risk and control insights for business partners, and increase Internal Audit’s efficiency and effectiveness.
• Keep abreast of organizational, regulatory, product, strategic and financial changes and/or trends through continuous monitoring to identify top and emerging risks impacting assigned business units.

Must-have

• 5+ years’ relevant industry experience in a financial institution, or Internal Audit, Compliance or Risk Management role.
• Deep understanding of risk and control concepts, with ability to formulate audit procedures, evaluate materiality of deviations, as well as strength of management practices.
• Strong written and verbal communication and presentation skills, with experience interacting with Senior Management and Executives.
• Excellent analytical, problem solving, time management and organizational skills.

Nice to have:

• Good understanding of the risks associated with Commercial Banking services, products and processes, in areas such as lending, treasury management, payments and trade finance.
• Post-graduate degree and/or Professional designation (e.g. MBA, CPA, CFA, FRM, CIA).
• Knowledge of digital product management.

Job Skills

Adaptability, Auditing, Commercial Acumen, Detail-Oriented, Internal Controls, Interpersonal Relationship Management, Multi-Level Communication, Organizational Savvy and Politics, Results-Oriented, Waterfall Model

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:

2025-09-29

Application Deadline:

2025-10-29