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Senior Audit Manager - Internal Audit Corporate Treasury - IRRBB

RBC Capital Markets, LLC
401(k)
United States, New Jersey, Jersey City
30 Hudson Street (Show on map)
Nov 13, 2024

Job Summary

Job Description

What is the Opportunity?

The Senior Audit Manager for the RBC Corporate Treasury Audit Team will provide independent and objective evaluation of the adequacy and effectiveness of Corporate Treasury Areas, including Interest Rate Risk in the Banking Book (IRRBB). Specifically, the Senior Audit Manager will support the audit team in the execution of audits related to IRRBB processes such as key assumptions (deposit decay, loan prepayments, etc.), sensitivity analysis of key assumptions, Net Interest Income (NII) and Economic Value of Equity (EVE) stress testing, risk identification, input and output controls, backtesting, and other processes related to IRRBB.

What will you do?

  • Provide independent and objective evaluation of the adequacy and effectiveness of IRRBB practices for RBC's Combined U.S. Operations (CUSO).
  • Support the Audit Director and Managing Director audits across the U.S. portfolio, including through the audit planning, reporting and issue remediation phases.
  • Assist in non-audit related projects including regulatory issue validation, audit risk assessments, and other strategic initiatives

What do you need to succeed?

  • Approximately 6-8 years of experience covering IRRBB processes such as key assumptions (deposit decay, loan prepayments, etc.), sensitivity analysis of key assumptions, Net Interest Income (NII) and Economic Value of Equity (EVE) stress testing, risk identification, input and output controls, backtesting, and other processes related to IRRBB.

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 trusted advice to help our clients thrive 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, commissions, and stock where applicable
  • Leaders who support your development through coaching and managing opportunities
  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work
  • Opportunities to building close relationships with clients

The good-faith expected salary range for the above position is $110,000-190,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs.This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

* Drives RBC's high performance culture

* Enables collective achievement of our strategic goals

* Generates sustainable shareholder returns and above market shareholder value

Job Skills

Adaptability, Commercial Acumen, Communication, Detail-Oriented, Interest Rate Risk, Internal Controls, Interpersonal Relationship Management, Long Term Planning, Results-Oriented

Additional Job Details

Address:

GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY

City:

Jersey City

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

INTERNAL AUDIT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-07-25

Application Deadline:

2024-11-29

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

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

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