SENIOR DIRECTOR AUDIT- BANKING OPERATIONS & CORPORATE FUNCTIONS
WHAT IS THE OPPORTUNITY?
This role is responsible for directing and overseeing the Banking Operations and Corporate Functions audit functions of a large, complex enterprise. The role involves orchestrating audit planning, managing process improvement projects, continuous risk monitoring, representing the organization to internal and external stakeholders, aligning audit strategies with corporate goals, and providing key review, challenge and advisement to executive management.
WHAT WILL YOU DO?
The role encompasses audit/ project development, talent management, and maintaining consistent financial and tracking metrics across the organization. This role also gets exposure and experience with key C-Suite meetings and presentations, Audit Committee preparations, and other meaningful executive presence opportunities. This role will report to the Chief Audit Executive and is a key member of the Internal Audit leadership team.
Develops the annual audit plan for Banking Operations and Corporate Functions businesses; and contributes to the development of multi-year approach to audit of assigned portfolio.
Be an effective thought leader; Interpret business priorities, anticipate issues and obstacles, and drive solutions
Develops the annual audit plan for supported business; and contributes to the development of multi-year approach to audit of assigned portfolio.
Develop and lead a high performing team of Auditors across several locations and time zones, including talent management, recruitment, performance management, coaching and career development
Directs, counsels, and manages a staff of internal auditors assigned to engagements and review audit plan,
findings, and reports for sufficient scope, accuracy, appropriateness of conclusions and compliance with
requirements.
Leverages deep expertise in business strategy to support the audit function and the organization with actionable insights to drive ongoing success.
Builds and Sustainsrelationship with business executives, regulators, external auditors, and audit committee of the CNB Board of Directors as required to facilitate proactive and ongoing dialogue or reporting relating to internal control; possesses high emotional intelligence and an ability to challenge in a nuanced way.
Manages highly sensitive situations with high-impact outcomes (with stakeholders) that could have material impact on the platform and escalates control issues to the CAE in accordance with the IA escalation model. Keeps business executives and CAE abreast of significant control issues with potential significant impact on the platform.
Supports the continuous risk monitoring approach andrelated practices with particular emphasis towards collaboration with key partners, leveraging the use of analytics, business intelligence, and other enabling approaches, technologies and tools.
Reviews audit reports drafted by the Senior Manager/ Manager and reviewed by the Director of Audit.
Directs coordination of co-sourced internal audit and external audit controls testing efforts, including walkthroughs, testing, audit requests and evaluation of deficiencies.
Leverages data analysis and insights across the enterprise, and across all stages of the audit lifecycle, to apply to audit portfolio.
Ability to draw conclusions and make recommendations based on audit evidence that may involve significant risk or ambiguity.
Drives collaboration with other audit teams to provide holistic assessment and assurance of the end-to-end processes in key product lines.
Coordinates and manages regulatory requests and examinations with bank regulators and external auditor.
WHAT DO YOU NEED TO SUCCEED?
Required Qualifications
Bachelor's Degree or equivalent
15+ years of audit or accounting experience within a top tier financial services organization or big "4" public accounting firm
7+ years of experience managing staff.
Additional Qualifications
MBA or Masters' degree in Accounting, Finance, Economics, Business, or related field (Preferred)
Related certifications (CPA, ACA, CFA, CIA, CISA or similar) preferred.
In depth experience and knowledge of financial services banking, including banking operations, treasury
services, and various corporate functions.
Demonstrated experience in audit-related fields, including a working knowledge of appropriate risk management techniques as well as a strong understanding of audit processes and internal controls.
Effective negotiation skills, a proactive, risk based and 'no surprises' approach in communicating issues and strength in sustaining independent views.
Strong leadership skills. Excellent communication skills, oral and written. Ability to interact effectively with management and staff at all levels
Ability to analyze risk trends at a macro level, identifying signs of changing risk levels and/or symptoms of process control breakdowns.
Experienced in making presentations to executives, groups of professionals, board members, and external stakeholders
Experience working with US regulators such as OCC, Federal Reserve, etc.
WHAT'S IN IT FOR YOU?
CompensationStarting base salary: $187,000 - $308,000 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
Generous 401(k) company matching contribution
Career Development through Tuition Reimbursement and other internal upskilling and training resources
Valued Time Away benefits including vacation, sick and volunteer time
Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
Career Mobility support from a dedicated recruitment team
Colleague Resource Groups to support networking and community engagement
Get a more detailed look at our https://careers.cnb.com/benefits.
ABOUT US
Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at https://www.cnb.com/about-us.html.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
