Managing Director, Head of Internal Audit Regulatory Remediation - Jersey City, United States - Royal Bank of Canada

Description

Come Work with Us

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

Managing Director, Head of U.S. Internal Audit Regulatory Remediation

Job Description

Audit & Regulatory Issue Validation Reviews

• Reporting directly to U.S. Chief Audit Executive
• Represent, participate and provide status of all IA-related regulatory issues validation activities in key governance committees
• Perform oversight for Internal Audit (IA) regulatory issues and activities across all business platforms and functions in U.S.
• Chair of the U.S. IA Regulatory Issue Validation Review Group.
• Perform independent review of validation approach and conclusion before they are being presented to the U.S. IA Regulatory Issue Validation Review Group.
• Manage and perform periodic review of the U.S. Regulatory Issue Validation Methodology and Process.
• Partner with the U.S. Senior Leadership team to ensure that all regulatory-related work are delivered timely and high quality of work.
• Work closely with the IA Quality Assurance (QA) team over in-progress and completed regulatory issue validation engagements.
• Provide guidance to business during formulation of action plans to address regulatory findings.

Leadership and People Management:

• Provide guidance and effective challenge to the team of auditors assigned to regulatory issue validation engagements.
• Build a high performing team and develop talent for Regulatory Issue Validation activities.
• Ensure adequate staffing with adequate subject matter expertise on all regulatory issue validations engagements across U.S.
• Provides leadership, coaching, performance management and personal development support.

Relationship Building:

• Work closely with the central remediation office, U.S. Regulatory Relations group, and all applicable personnel across the 3 lines of defenses to manage and coordinate regulatory issues validation and related activities.
• Key point of contact to liaise and meet with the various U.S. regulators to discuss status of Internal Audit MRA validation activities.
• Ensures emerging risks, new developments and regulatory changes are factored into the regulatory issue validation plan.
• Manage and oversee sensitive situations with high impact outcomes (with stakeholders) that could have material impact on the business
• Effect change by assisting business management to develop appropriate action plans to address identified deficiencies, and ensure corrective actions are implemented in a timely manner.

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, commissions, and stock where applicable
• 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
• Opportunities to do challenging work
• Opportunities to building close relationships with clients

The good-faith expected salary range for the above position is $190,000 - $325,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

· Drives RBC's high performance culture

· Enables collective achievement of our strategic goals

· Generates sustainable shareholder returns and above market shareholder value

USAUDIT23

Job Summary

Perform oversight for Internal Audit (IA) regulatory issues and activities across all business platforms and functions in U.S.

Address:

Jersey City, New Jersey, United States of America

City:

USA-NJ-JERSEY CITY

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

Internal Audit

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

:00

Application Deadline:

:00

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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