Military Veterans are Encouraged to Apply.
Job Details: MANAGER CONTROL TESTING 1LOD
WHAT IS THE OPPORTUNITY?
Responsible for developing and maintaining a critical program element of the U.S. Regulatory Compliance Management framework, Compliance independence testing for City National Bank. Collaborates with stakeholders to find efficiencies and enhance program and output quality; ensures 1LOD and 2LOD key controls are appropriately identified and operating effectively to mitigate risk across CNB. Responsible for developing risk-based Control Testing Plan, collaboratively with relevant 1LOD, 2LOD and Internal Audit personnel. Responsible for aligning risk-based frequency of testing activities with Enterprise standards. Responsible for meeting FINRA, SEC, CFPB, OCC and FRB requirements for testing.
WHAT WILL YOU DO?
- Developing and maintaining the CNB Control Testing, setting forth a consistent industry-standard and FRB NY (SR08-8) expected Compliance testing methodology
- Coordinating testing schedules with internal stakeholders, including 2LOD and Internal Audit
- Identifying, escalating, and tracking issues identified by testing
- Understands Divisional policies and procedures governing the risk activities and applicable regulations to ensure controls are in place to comply, and any breaches are escalated and resolved timely.
- Developing and reporting control testing governance, including progress to plan reporting and change management
- Responsible for escalating high risk issues found to senior management
- Responsible for the oversight of issue entry to ERIC and oversight that corrective action has been taken and issues satisfactorily remediated
- Participates and provides documentation in Audits/Exams and other reviews as needed.
- Manage a team of testing professionals
WHAT DO YOU NEED TO SUCCEED
Must-Have*
- Bachelor’s Degree
- Minimum 10 years of experience in control testing, branch inspection, Internal Audit or at a financial institutions regulator
- Minimum 7 years of experience in the financial services industry
Skills and Knowledge
- Knowledge of FINRA, SEC, MSRB, FRBNY and OCC rules and regulations
- Experience with operating in a highly matrixed environment
- Excellent communication and presentations skills
*To be considered for this position you must meet at least these basic qualifications
The 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.
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled