Director - Capital Markets Internal Audit

What is the opportunity?

As a Director, Capital Markets, Internal Audit (IA) you will oversee and lead teams in audit engagements that assess the effectiveness of internal controls, risk management practices, corporate governance processes, and fraud prevention and detection in the Capital Markets (CM) platform of RBC. You will take a strategic approach to engagements that incorporate emerging risks and the implementation of new approaches and techniques, including leveraging Data Analytics to widen the scope of audits and assurance reviews, provide insights to the Internal Audit group, and act as a trusted advisor to the business. As part of annual planning, you will contribute to the creation of an efficient audit plan for the fiscal year, including coverage of key areas, seeking efficient incorporation of emerging risks and horizontal audits. Further, this includes incorporating thorough, documented risk assessments of the CM business and the results of collaboration with other IA teams and various Internal Audit Centres of Excellence. This role is in Toronto, however, will partner with regional Internal Audit teams globally.

During your tenure, you will gain exposure to RBC Capital Markets products, business lines, technologies, and strategies, adding to your CM subject matter expertise. You will also work with management in achieving business objectives by identifying opportunities to improve business operations, while remaining objective and independent.

RBC Internal Audit leverages a unique perspective— with a coordinated view across the entire business—to deliver valuable insights that not only gives assurance, but also illuminates a bigger picture, connects dots, builds best practices and broadens possibilities. We connect intelligence to protect and enable RBC.

What will you do?

• Lead/manage internal audit professionals, ensuring proper and timely execution of audits in the annual plan, including various businesses within RBC Capital Markets - Global Markets, Corporate and Investment Banking, and Capital Markets Operations
• Review and challenge audit reports and associated audit documentation (including workpapers) in accordance with current IA methodology drafted by managers/senior managers for submission to the Managing Director and presentation to business stakeholders
• Continually develop relationship with business stakeholders to become a trusted advisor, working collaboratively to assesses the effectiveness of key risk management strategies with coordination with first and second lines of defense
• Contribute to and provide input into development of the annual audit plan for the Capital Markets business, along with the development of a multi-year strategic approach to auditing the portfolio
• Contribute to the development of the Capital Markets Internal Audit team by providing direction and coaching; impart specialized skills to other audit team members through peer discussions and cooperation on integrated audits
• Respond to stakeholder needs quickly and efficiently, while building constructive relationships with Internal Audit peers and business partners
• Assist with regulatory requests in all regions
• Leverage data analytics (and related insights) within and across audits, to gain and document deeper insights into the root-causes and potential impacts of audit issues while driving process improvements to enhance operational efficiency and effectiveness in the team

What do you need to succeed?

Must-have

• CPA or CFA in good standing or similar equivalent undergraduate degree with a financial services focus, as well as a strong knowledge and/or deep experience in the Capital Markets industry
• 10+ years of Financial Institution (preferably Banking) experience and /or previous audit experience
• Leadership and People Management experience with a proven ability to lead teams, bringing a "one team" mentality regardless of region or role in IA and a strong accountability mindset, self-drive, team and oral and written communication skills
• Proficient in project management and auditing principles and techniques with an aptitude and desire to work in a dynamically changing environment
• Understanding of the principles of Regulatory and/or Risk Operational risk with a solid grasp of the Three Lines of Defense model

Nice-to-have

• Capital Markets business or functional experience
• Knowledge of technology and data analytics

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 valuable insights and trusted advice to help our internal clients thrive in a manner in keeping with internal policies and regulatory requirements, 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
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work with exposure to many dimensions such as region, product, strategies, functional teams and lines of defense
• Flexible work/life balance options

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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above