Senior Manager
Royal Bank of Canada (RBC), Department of Financial Risk and Internal Audit based in Toronto, ON is inviting applications from suitable candidates for the position of Senior Manager. The Royal Bank of Canada (RBC), Department of Financial Risk and Internal Audit, operates at the forefront of ensuring financial integrity and risk management within the organization. The department enhances efficiency and effectiveness in risk identification and management. Their commitment to excellence and accountability underscores RBC’s position as a trusted financial institution in Canada and beyond. The candidates selected for the vacancy will be required to start the work as soon as possible.
Job Description:
Employer Name: Royal Bank of Canada (RBC)
Department: Financial Risk and Internal Audit
Position: Senior Manager
No of Vacancies: 1
Salary: Salary is not mentioned, $55.00-$60.00 hourly estimated salary
Pay Type: Salaried
Employment Type: Contract (Fixed Term)
Job Category: Governance and Compliance
Location: Toronto, ON, CA
Job Location: 20 King St W, Toronto, ON M5H 1C4, Canada
Work hours/week: 37.5
Schedule: Full time
Requisition ID/Job ID: R-0000086895
Requirements:
Languages: Candidates must have knowledge of the English Language
Education: Candidates should hold a Finance or Quantitative degree and/or CPA/CFA/FRM certification
Experience: Candidates should have 7+ years of experience in any or more of these fields: Market Risk, Counterparty Credit Risk, Capital Markets, Valuations, Treasury, or Regulatory Capital as 1LoD, 2LoD, or Internal Audit (3LOD)
Other Requirements:
- The candidates should have experience/knowledge of traded and OTC products including derivatives and their associated risks, and risk measurement & management practices
- The candidates should have experience or working knowledge of Internal Audit best practices
- The candidates should demonstrate an understanding of regulatory expectations impacting regulatory capital requirements
- The candidates should be team players with strong collaborative and communication skills. They should be detail-oriented, proactive, quick learners, self-driven to take initiative, able to manage multiple tasks under tight/competing deadlines, and have the flexibility to adapt well to changing priorities. They should also possess strong analytical, critical thinking skills, and a broad picture mindset
- The candidates should be proficient in using Excel/VBA/Python
- The candidates should demonstrate adaptability, analytical thinking, and proficiency in audit programs related to Capital Markets and Counterparty Credit Risk (CCR)
- The candidates should be detail-oriented and possess knowledge of financial risk, internal auditing, internal controls, and interpersonal relationship management
- The candidates should have experience or expertise in Market Risk, with multi-level communication skills and proficiency in project management
- The candidates should be results-oriented and have a strategic approach to risk management
Responsibilities:
- The candidates should be able to plan and execute technical/complex audits related to a broad range of Market risk and Counterparty Credit risk topics, including risk governance, policy framework, risk appetite, limit structure, risk measurement, reporting, capital aggregation, stress testing, and model risk
- The candidates should be able to assist with the validation of regulatory matters issued by relevant regulatory bodies
- The candidates should be able to contribute to audit planning and ensure adequate coverage of key business processes to support an independent and objective assessment and opinion on the effectiveness of internal controls and risk management practices
- The candidates should be able to develop audit programs and execute/manage the audit plan execution to ensure design and operating effectiveness
- The candidates should be able to continually develop and maintain working relationships with business stakeholders to become a trusted advisor
- The candidates should be able to contribute to the development of a risk-based multi-year audit approach
- The candidates should be able to conduct effective continuous risk monitoring activities and drive process improvements to enhance operational efficiency and effectiveness
- The candidates should be able to keep abreast of changes in organizational, regulatory, strategic, financial, and business environments trends
Benefits:
- The candidate will get comprehensive Total Rewards Program including bonuses
- The candidate will get flexible benefits and competitive compensation
How to apply:
If the position is fit for you and the basic requirements are fulfilled then you can now apply directly to the employer (along with your resume) through the below-mentioned details.
We thank all the applicants for showing their interest and trust in us, however, only the most eligible candidates will be selected and conducted for further procedure directly from employers, in between no charges/fees or original documents will be asked from any applicant. All the best!