Job SummaryJob Description
What is the Opportunity?
The Director of Internal Audit Regulatory Issues Management is a self-starter who exudes energy, curiosity, and enthusiasm to take on a leadership role within Internal Audits regulatory exam and issues management function. This role evaluates organizational business risks, develops and communicates audit plan, manages and executes audits, and recommends improvements to internal controls and operating processes. Manages activities through senior managers and managers and implements corporate and divisional strategic plans and budgets.
What will you do?
- Responsible for overseeing and actively managing the Consent Order and tracking/reporting of the IA teams' validation results/status against the plan' to various legal entities audit committees, as well as to key internal stakeholders.
- Scope, develop and prioritize plans for IAs strategic initiatives to fulfill Consent Order requirements and manage the regulatory issues validation work.
- Advise IA teams on regulators expectations and potential enhancements to IA's approach or remediation action plans as discussed during the course of exams, ongoing supervisory events and inquiries (prior to firm's interactions/responses).
- Review/challenge proposed corrective actions/IA's remediation approaches to ensure that they address the regulatory issues.
- Monitor IA's progress in completing undertakings made to regulators during the course of inquires and exams.
- Persistently follow-up with IA teams to ensure that the appropriate information is obtained and timely recorded.
- Identify and effectively escalate potential issues to the appropriate IA SLT with appropriate solution(s) proposed.
- Manage and respond to adhoc data request from various stakeholders by coordinating with US/Global IA Operations and Analytics team, GRC and other internal stakeholder working groups.
What do you need to succeed?
- Bachelors Degree
- 7-10+ years of experience in Internal Audit
- Experience creating, organizing, recording, and tracking regulatory issues and correspondences
Whats 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
Job Skills
Additional Job Details
AddressCityCountryWork hours/weekEmployment TypePlatformJob TypePay TypePosted DateApplication DeadlineIand Equal Opportunity EmploymentnclusionAt 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.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities atjobs.rbc.com