Manager of Audit Sr-Finance/Operations WHAT IS THE OPPORTUNITY?
Risk Management Division BASIC FUNCTION The Senior Audit Manager will lead a team to assess the design and operating effectiveness of internal controls, adherence to regulatory reporting requirements and Bank policies, and the effectiveness of the Finance operations of the bank (e.g., Accounting, Treasury, Corporate Strategy, Corporate Real Estate, Procurement, and Financial Performance Management) functions.
The Senior Manager will be responsible for all aspects of the audit, including the planning, execution, and reporting phases.
The Senior Manager will also be involved in internal and external issue validation as well as audit continuous monitoring activities; along with Data Analytics to support continuous monitoring, leveraging the use of information analytics, business intelligence, data mining, and other technologies and tools.
RESPONSIBILITIES WHAT WILL YOU DO?
* Leading and performing design and operating effectiveness testing to verify the adequacy of controls over financial and regulatory reporting; validation to source documents; and ensuring compliance to regulatory reporting instructions, primarily relating to Federal Reserve requirements* Championing a thorough understanding of the business, risks, and processes for assigned areas;* Championing a thorough understanding of the Finance business function, including but not limited to the understanding of financial statements, associated regulations, guidance, and regulatory expectations;* Responsible for reviewing outstanding issues relating to source validation, reporting and controls, performing analysis to identify themes, determining the root cause of the weakness and preparing reports to communicate the test findings* Assists with the development of audit budget estimates for respective area of focus* Assists with the development of the annual risk assessment and audit plan* Leads and performs continuous monitoring activities periodically for the area assigned* Maintains ongoing relationships with management of auditable units* Keeps informed of new services, products and events that have a significant business and technology effect* Keeps abreast of changes in the business, regulatory, and accounting and control environments in which City National Bank operates, especially for audit areas assigned.
• Tracks and manages audit resources to meet the audit budget and audit plan mandates.
• Supports a high-performance environment and implements a people strategy that attracts, retains, develops and motivates the team for continuous learning and improvement by fostering an inclusive work environment; communicating vison/ strategy; coaching; and supporting development goals.
* Complies fully with all Bank policies and procedures as well as all regulatory requirements (e.g.
Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.).
WHAT DO YOU NEED TO SUCCEED?
Must-Have* * Bachelor’s Degree in accounting, finance, or related field* Minimum 7+ years of audit experience in an internal audit role within the banking or financial services industry, or with an public accounting firm.* Minimum 3 years’ experience managing direct reports and demonstrated ability to develop people SKILLS and KNOWLEDGE * CPA or CIA preferred.
Other certifications (e.g., CRMA, CFA, CFE, Chartered Accountant) are favorable* A thorough understanding of regulatory and compliance policies and procedures.* Possess expert understanding of internal audit methodology and principles.* Ability to be resourceful, a self -starter, possessing a high degree of flexibility, creative thinking and confidence to carry out innovative solutions.* Well-developed judgment, management, decision-making and problem-solving skills are required in order to effectively deal with a rapidly changing, complex business environment.* Good time management skills in order to manage multi-functional accountabilities through prioritization, delegation, motivation, conflict resolution and the promotion of ideas.* Excellent written communication skills are essential.
In addition, should be skilled at verbal presentation, of a caliber suitable for direct exposure to executive management.* To be considered for this position you must meet at least these basic qualificationsThe preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification.
It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank is an equal opportunity employer committed to diversity and inclusion.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.
ABOUT CITY NATIONAL We start with a basic premise: Business is personal.
Since day one we’ve always gone further than the competition to help our clients, colleagues and community flourish.
City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today.
City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.?
#LI-BP1 #gd-bp #ca-bp Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled