Senior Manager Audit Lead, Centralized Testing Group (CTG)

RBC•Toronto, ON

2d•Onsite

About The Position

Internal Audit (IA), a division within RBC, provides independent, objective risk assessment and evaluation of the adequacy and effectiveness of risk management practices, internal controls and governance processes for all areas of RBC. While remaining independent and objective, IA works with Management in achieving business objectives by ensuring appropriate remedial action takes place to improve operations in areas with identified weaknesses. The Centralized Testing Group (CTG) operates within IA under a cross functional auditor resource model to support various internal audit engagements, regulatory engagements, risk monitoring efforts and other operations within the Chief Audit Executive (CAE) Group. As Senior Manager Audit Lead in CTG, you will work with various US Audit Teams on a rotational basis to lead/co-lead and execute audit engagements and other projects to assess the effectiveness of internal controls, risk management practices and corporate governance processes.

Requirements

5+ years of relevant industry experience preferably in a large financial institution, Audit, Compliance, Risk Management functions, or the Big Four Consulting/Accounting firm.
Deep understanding of risk management, risk and control concepts, with ability to evaluate materiality and significance of deviations, as well as strength of management practices.
Ability to quickly understand the risks associated with new services, products and processes to formulate practical audit procedures.
Strong emotional intelligence: leadership skills to motivate and deliver in a team engagement environment; and ability to multitask, prioritize and adapt to a fast-changing environment.
Strong written and verbal communication and presentation skills, with experience interacting with Senior Management and Executives.
Excellent analytical, problem solving, time management and organizational skills and demonstrated critical thinking.
Ability to clearly articulate complex matters into simple terms.

Nice To Haves

Post-graduate degree (e.g. MBA) or professional designation (e.g. CIA, CPA, CISA, CRMA, CFE).
Experience in a financial institution, external audit firm, or technology company, dealing with multiple business platforms, business processes, geographies, and legal entities.
Knowledge of Information technology risks and controls, and experience in data analytics (data gathering, transformation, analytics, and reporting).
Flexible mindset, with the ability to learn quickly and leverage skills in a dynamically changing environment.

Responsibilities

Using a risk-based approach, lead/co-lead all aspects of core assurance audits including planning, execution and reporting and other projects.
Develop and execute audit programs and procedures to assess design and operating effectiveness of controls.
Perform testing during fieldwork, where applicable.
Manage a team of professional auditors assigned to the engagement and review all audit work for sufficient scope, accuracy and alignment with Internal Audit methodology.
Ensure adequate coverage of key risk areas to support an overall opinion on internal controls and risk management practices to Senior Management.
Manage resourcing to ensure adequate coverage where applicable.
Manage assigned working papers and ensure the sufficiency and appropriateness of the evidence obtained to support the conclusion.
Draft audit issues and support management in developing robust action plans to address identified control deficiencies, as well as overall audit conclusions based on control strengths and weaknesses.
Contribute to development and execution of quarterly Continuous Risk Monitoring (CRM) to produce risk and control insights for business partners and increase Audit’s efficiency and effectiveness.
Contribute to the annual audit planning including auditable entities risk assessment process where needed.
Identify opportunities for Internal Audit to provide assurance or advisory services consistent with its role to evaluate and improve risk management, control, and governance processes.
Build and maintain effective, positive, authentic and transparent working relationships within Audit, and key business stakeholders.
Contribute to the continuous improvement and evolution of the Senior Manager Audit Lead role through post audit engagement retrospectives
Support Senior Director, Director and Senior Managers as needed
Participate in team events: Chief Operating Officer and CTG All Hands meetings, CTG Leadership events, team socials