Senior Audit Manager - Corporate Treasury and Balance Sheet Review

Royal Bank of Canada•Jersey City, NJ

15h•$110,000 - $190,000•Onsite

About The Position

The Senior Audit Manager for the RBC Corporate Treasury Audit Team will provide independent and objective evaluation of the adequacy and effectiveness of Corporate Treasury Areas, including Interest Rate Risk in the Banking Book (IRRBB). Specifically, the Senior Audit Manager will support the audit team in the execution of audits related to IRRBB processes such as key assumptions (deposit decay, loan prepayments, etc.), sensitivity analysis of key assumptions, Net Interest Income (NII) and Economic Value of Equity (EVE) stress testing, risk identification, input and output controls, backtesting, and other processes related to IRRBB.

Requirements

Approximately 6-8 years of experience covering IRRBB processes such as key assumptions (deposit decay, loan prepayments, etc.), sensitivity analysis of key assumptions, Net Interest Income (NII) and Economic Value of Equity (EVE) stress testing, risk identification, input and output controls, backtesting, and other processes related to IRRBB.

Nice To Haves

Adaptability
Auditing
Auditing Techniques
Audit Internal Controls
Audit Processes
Commercial Acumen
Communication
Computer Assisted Auditing Techniques
Computer-Assisted Audit Tools (CAATs)
Detail-Oriented
External Audit
Interest Rate Risk
Internal Auditing
Internal Controls
Interpersonal Relationship Management
Liquidity Management
Liquidity Risk
Long Term Planning
Results-Oriented
Treasury Management

Responsibilities

Provide independent and objective evaluation of the adequacy and effectiveness of IRRBB practices for RBC’s Combined U.S. Operations (CUSO).
Support the Audit Director and Managing Director audits across the U.S. portfolio, including through the audit planning, reporting and issue remediation phases.
Assist in non-audit related projects including regulatory issue validation, audit risk assessments, and other strategic initiatives