City : TORONTO, Ontario, Canada

Category : Audit | Compliance | Legal | Risk

Industry : Financial/Banking

Employer : RBC

What is the opportunity?

As the Senior Manager, Wealth Management Internal Audit, you will provide independent and objective assessment of the effectiveness of risk management practices, internal controls and governance processes, and fraud prevention and detection in the Wealth Management (WM) platform of RBC. You will help to create solutions that support units in complying with regulatory requirements, following RBC policies and implementing industry best practices. You will gain exposure to RBC products, services, businesses, platforms to become a subject matter expert.

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?

• Collaborate with other auditors/audit groups to effectively plan and execute audits in accordance with audit standards
• On certain engagements, lead a team of professional auditors and be responsible for all aspects of an audit.
• Draft the audit plan that ensures adequate coverage of all areas of an audit to permit the issuance of an overall opinion on internal controls and risk management practices to senior management.
• Assess effectiveness of internal controls, risk management practices and governance processes in order to draw conclusions to complete the audit programs.
• Effectively manage relationships and build credibility with audit clients, including the provision of timely updates through effective and clear communication
• Discover patterns, insights, trends and anomalies from straightforward analyses, data sets and visualization tools and develop requests for advanced analytics by providing detailed and clear questions to the Data Analyst or Data Scientist.
• Maintain proactive and ongoing monitoring and discussions with business leaders
• Keep abreast of organizational, regulatory, product, strategic and financial changes and/or trends impacting Wealth Management business platform.

What do you need to succeed?

Must-have:

• You hold a designation in good standing in one or more of the following; CIA, CPA/CA, CFA or similar equivalent undergraduate degree with a financial services background.
• Demonstrated experience with audit methodologies and best practices
• Excellent interpersonal, written and verbal communication skills with the ability to communicate a wide variety of complex information in both oral and written format
• Minimum 3 - 5 years of audit experience
• In-depth knowledge of business, and functions of Wealth Management.
• Strong problem solving and negotiating skills to mitigate conflicts arising from difficult situations

Nice -to-Haves:

• Ability to quickly understand the risks associated with new services and/ or routines, products related to Wealth Management and to formulate practical audit procedures to adequately monitor new risk and ensure adherence to limits.
• Knowledge of Canadian, US and International regulatory standards, auditing standards and business processes in the financial securities environment.
• Understanding of Advanced Analytics and data visualization tools and reporting.
• Understanding of general IT risks in order to identify the key risks and controls in the business process or activity being audited.

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 and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Flexible work/life balance options