Senior Manager, Internal Audit Regulatory Issues Management COE
Royal Bank of Canada
- Los Angeles, CA
- Permanent
- Full-time
- Responsible for managing the Consent Order activities; and tracking/reporting of the IA teams’ validation results/status against the ‘plan’ to various legal entities audit committees, as well as to key internal stakeholders.
- Scope, develop and prioritize plans for IA's strategic initiatives to fulfill Consent Order requirements and manage the regulatory issues validation work.
- Advise IA teams on regulators expectations and potential enhancements to IA’s approach or remediation action plans as discussed during the course of exams, ongoing supervisory events and inquiries (prior to firm’s interactions/responses).
- Ensure integrated activities across regulatory responses and remediation activities are well coordinated.
- Review/challenge proposed corrective actions/IA’s remediation approaches to ensure that they address the regulatory issues.
- Monitor IA’s progress in completing undertakings made to regulators during the course of inquires and exams.
- Persistently follow-up with IA teams to ensure that the appropriate information is obtained and timely recorded.
- Identify and effectively escalate potential issues to the appropriate IA SLT with appropriate solution(s) proposed.
- Manage and respond to adhoc data request from various stakeholders by coordinating with US/Global IA Operations and Analytics team, GRC and other internal stakeholder working groups.
- 7-10+ years of experience in Internal Audit
- Experience creating, organizing, recording, and tracking regulatory issues and correspondences
- 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
- Drives RBC’s high-performance culture
- Enables collective achievement of our strategic goals
- Generates sustainable shareholder returns and above market shareholder value