Director & Chief Operating Officer

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City : Toronto

Category : Banking

Industry : Banking

Employer : RBC

What is the opportunity?

 

Working as a key member of the leadership teams of two VPs ensuring successful achievement of their Strategic and Operational priorities. The CCO will take a leadership role in several key areas including: financial management oversight, communications management, global thematic initiatives and retrospectives, monitoring progress to plan on audit production milestones and driving QAR sustainability. The COO will also play a critical role in helping to shape and guide the future growth and development of these teams.

 

What will you do?

 

  • Provide oversight and escalate as appropriate progress made by the audit teams in developing and delivering their annual audit plan.
  • Develop appropriate tracking reports to monitor timely progress of audits through the audit life cycle, including completion of audit profile, review/challenge expense budget, audit profile is presented for review at the executive level, hours of execution are within plan and progress is occurring to ensure report issuance occurs.
  • Proactively discuss and/or propose solutions with appropriate measures that can be taken to rectify any areas in the audit cycle for individual audits that are slipping.   
  • Accountable to develop themes and written reports for quarterly and annual communication message to business heads and audit committees for integrated audit themes driven by audit results.
  • Responsible to ensure execution of significant program initiatives, such as: Thematic reviews, refresh of Continuous Monitoring, retrospectives of major industry risk events are completed in line with IAS/IIA requirements.
  • Accountable for liaising with professional Audit standards to ensure Quality Assurance reviews feedback are incorporated in the audit work performed
  • Accountable for Financial Management controls relating to discretionary expenses that are allocated to both VPs.  Authority to review and approve for appropriateness within established VPs budget and IAS guidelines. Includes travel, training and staff meals. Responsible for ensuring Budget is not exceeded without VP approval. Responsible for co-sourcing and contractor selection coordination, review and final recommendation to appropriate level of sign off within IAS and RBC.

 

What do you need to succeed?

 

Must-have

  • Minimum 15 years of experience and understanding of the key Operational drivers necessary to ensure successful Internal Audit team. 
  • Experience in auditing RBC businesses and understanding of audit approaches taken.
  • Post graduate or professional designation preferred. CPA and/or MBA preferred
  • Appreciation of risk as it pertains to RBC Global business lines, audit or project management experience, thorough understanding of the audit life cycle.
  • Demonstrated decision making skills under short time deadlines. Very strong written and verbal communication skills. Ability to bring together auditors from several audit teams to drive initiatives

 

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.

 

  • Opportunities to do challenging work
  • Opportunities to take on progressively greater accountabilities
  • Opportunities to building close relationships with clients
  • Access to a variety of job opportunities across business and geographies

 

 

About RBC
Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com.

 

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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 rbc.com/careers. 

 

Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.

 

 

JOB SUMMARY

City:  Toronto 
Address:  310 Front St. W. 
Work Hours/Week:  37.5 
Work Environment:  Office 
Employment Type:  Permanent 
Career Level:  Senior Manager/Director 
Pay Type:  Salary + Variable Bonus 
Required Travel (%):  0 
Exempt/Non-Exempt:  N/A 
People Manager:  Yes 
Application Deadline:  2017-11-11 
Req ID:  149192

Posting Notes:  [[mfield1]]

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