Business Controls Analyst II

City National Bank • Los Angeles, CA

8h

About The Position

This position will work directly with the City National Bank's ("CNB") Business Control Managers ("BCM"s) and Business Control Senior Analyst and or Lead for Consumer Banking and Banking Investment Services. This person will be responsible for managing all internal and external engagement activities, participating in kickoff meetings, scheduling walkthroughs, coordinating all document requests, reviewing and analyzing support documents, and facilitating responses to potentially overturn findings/exceptions, and maintaining an audit and exam tracker. This role is expected to contribute constructively and balance challenges, supporting alignment of business objectives with CNB's risk appetite and established limits.

Requirements

• Bachelor's Degree
• 3+ years of exam management experience
• Working knowledge of applicable mortgage-related regulatory requirements, such as ECOA, FDPA, Fair Lending, Reg. O, Reg. W, RESPA, UDAAP, etc.
• Excellent interpersonal and communication skills demonstrating the ability to establish credibility with all levels of management effectively
• Risk management expertise with proven experience in providing value added insights
• Demonstrated history of successfully managing engagement activities (e.g., control testing, regulatory compliance monitoring, audits) conducted by internal lines of defense and regulatory exams by external regulators
• 3 years in a role requiring complex problem solving
• Strong interpersonal and influencing skills – and ability to interact with colleagues at all levels in a peer-like way, and achieve goals without direct control over resources
• Strong emerging end-to-end generalist problem solving skills, e.g.,
• Defining and deconstructing problems
• Prioritizing issues and analysis
• Structuring and building quantitative and qualitative/conceptual analyses
• Knowledge in Financial Services, Project Management
• Demonstrated ability to Influence change, build relationships, communicate effectively, work under pressure, manage multiple priorities and deliver high caliber results.
• Proficiency with MS Excel and PowerPoint
• Excellent time management, organizational, and prioritization skills and ability to balance multiple priorities.
• Quick learning ability, outstanding analytical skills and a structured way of thinking, your attention to details is exceptional
• Operate well under stress, even faced with tight timelines for ambitious deliverables Significant experience in driving operational change with front line to senior leadership personnel
• Excellent relationship and stakeholder management skills
• Be able to handle uncertainty well, and are able to simplify complexity

Responsibilities

• Provide support for the collection, review, and delivery of all deliverables and follow-up requests required for successful completion of the control testing, regulatory compliance monitoring, audit, and examination processes.
• Lead audits/exams through partnership with both internal and external auditors. Work closly with Reg. Regulations and assist with regualtory exams. Ensure that all auditing or exam preparatory needs are met.
• Analyze, evaluate and periodically review relevant compliance and risk management practices across the organization, including activities at network affiliates. Collaborate closely with colleagues across the 2nd and 3rd lines to strengthen the control environment and enhance risk management practices.
• Analyze and evaluate data that effects the technical, operational, and business functions and provide insight to the practical impacts/implications to the business line.
• Support on Control Standards to ensure compliance-related controls are documented in line with the standards
• Assist with audits/exams through partnership with both internal and external auditors. Work closely with Reg. Regulations and assist with regulatory exams. Ensure that all auditing or exam preparatory needs are met.
• Coordinate 2LOD Review & Challenge interactions with LOB, engage with 2LOD Compliance Testing (including RBC) to provide sufficient guidance and support during the testing period
• Analyze mortgage-related regulatory requirements and help define and/or validate the controls that are specific to regulatory compliance monitoring and internal audit activities.
• Coordinate with 1st LOD Testing team to understand observations related to compliance controls and ensure appropriate actions are documented to remediate gaps
• Act as the business teams’ liaison for business line risk management, compliance activities, legal engagement, and internal or external audits.
• Act as a liaison representing Business Control Office at internal meetings; establishing and cultivating strong working relationships with all stakeholders. Attend meetings with and/or in place of VP, BCL or SVP, BCM, provide feedback and escalate decision.
• Build and sustain effective relationships and alliances both internally and across all lines of business and staff areas to help deliver results and to ensure opportunities are identified, analyzed and managed appropriately. Understand interdependencies to achieve success.
• Partner with team members to contribute concise communication materials for senior management. Develop presentations for internal and external meeting that are compelling, concise, and graphical to convey message.
• Prioritize organizational risk management objectives.
• Participate in special projects as necessary.
• Facilitate audit and examination activities.

Benefits

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees