Director – Enterprise Control Testing

Director – Enterprise Control Testing

Requirements

• 7+ years experience in relevant or complimentary capacities
• Bachelor’s degree in finance, accounting, business or other related field
• Experience leading teams and strong management/leadership skills
• Strong grasp of Operational Risk Management and extensive experience in the design and evaluation of internal controls
• Demonstrated ability to balance delivery of a large book of work with ongoing management of program level strategy, continuous improvement and staffing plans
• Strong communication and presentation skills, ability to tailor to various levels of seniority
• Inquisitive and proactive in identifying risks, proposing solutions and/or exercising sound and balanced judgement
• Proven ability to establish and execute new processes
• Strong relationship management experience, ability to build influence with senior internal stakeholders
• Previous experience working in highly regulated business environments in the financial services sector
• Familiarity with key regulations including Regulation YY, OCC Heightened Standards

Responsibilities

• Establish and maintain control management & control evaluation (design and operating effectiveness) center of expertise operating model across US, Canada and Malaysia staff
• Act as a key contributor to the Bank’s overall internal control strategy
• Lead the team in executing robust internal control tests in adherence with RBC’s standards and practices
• Consult stakeholders on the establishment of robust controls, in partnership with Operational Risk colleagues
• Actively develop and build staff skills and competencies as well as identify training needs of the staff
• Day-to-day management of team including management of book of work and delivery of same, budgets, hiring, resource planning, distribution of assignments, conflict resolution
• Participate in performance management of staff and provide feedback to staff
• Develop and implement action plans in response to employee feedback and engagement surveys
• Oversee control evaluation activities that evaluate the design and operating effectiveness of key controls
• Oversee development of robust and scalable testing modules, scripts, and other guides including testing approach and scoping/sampling for evaluating the effectiveness of Key Controls to mitigate key risk exposures related to regulatory requirements and RBC risk policies and standards
• Lead in the efforts to define, implement, and continuously improve operating model for control evaluation activities for Enterprise Control Testing which meets US regulatory expectations and Enterprise standards
• Acts as brand ambassador of the Enterprise Control Testing and maintain collaborative relationships with control evaluation stakeholders, including but not limited to, Group Risk Management, US Finance, Internal Audit, US Lines of Business
• Promote understanding of operational risk management within all parties in scope of the team’s coverage
• Manage the articulation of results/conclusions/memos of control testing activities and communicate to key stakeholders across RBC
• Manage and oversee reporting to senior management / Board and lead preparation sessions with Senior executives
• Write/coordinate a wide variety of both internal and external reporting, including updates for Regulatory bodies
• Review & approve procedural and policy documentation for the team

Preferred Qualifications

• CPA, CIA, FRM, CFA or other related designations preferred