Director Audit

RBC; Toronto; On-site; CAD 150,000 - 210,000; Full time

Benefits offered by this job

Total Rewards Program

Flexible benefits

Coaching and development

Dynamic team

Job summary

RBC Capital Markets Internal Audit seeks a Director to oversee audit engagements across CM platforms, leading teams that evaluate internal controls, risk management, governance, and fraud prevention. The role uses data analytics to broaden audit scope and provide strategic insights to the business.

You will shape the annual audit plan with a CM focus and coordinate with global IA teams. You will gain exposure to RBC CM products and strategies, collaborating with management to improve operations

Qualifications

• CPA or CFA in good standing or similar undergraduate degree; financial services focus preferred.
• 8+ years of Financial Institution/Banking experience and/or prior audit experience.
• Leadership and People Management experience with a proven ability to lead teams and foster a one-team mentality.
• Proficient in project management and auditing principles in a dynamic environment.
• Understanding of Regulatory, Market, Counterparty, Credit, and/or Operational risk concepts.
• Solid grasp of the Three Lines of Defence model.
• Enthusiastic to learn and promote AI tools and team strategy.

Responsibilities

• Lead and manage internal audit professionals, ensuring high quality and timely execution of audits in the annual plan across RBC Capital Markets.
• Review and challenge audit reports and workpapers in line with IA methodology for MD approval and stakeholder presentation.
• Build and maintain relationships with stakeholders to act as a trusted advisor on risk management strategies.
• Develop the Capital Markets IA team through direction, coaching, and knowledge sharing; promote a global, one-team mindset.
• Contribute to annual audit plan development focusing on CM focus areas and multi-year strategy.
• Respond to stakeholder needs quickly while collaborating with IA peers and business partners.
• Assist with regulator requests across regions.
• Oversee timely issue validation and quarterly reporting as needed.
• Participate in initiatives (e.g., CM IA) as requested by leadership.
• Leverage data analytics to gain insights into root causes and drive process improvements.

Skills

Adaptability

Auditing

Detail-Oriented

Internal Controls

Interpersonal Relationship Management

Long Term Planning

Multi-Level Communication

Organizational Savvy

Results-Oriented

Leadership

Project Management

Regulatory Risk

AI Tools Promotion

Education

CPA or CFA in good standing

Undergraduate degree in Finance/Economics

Tools

Microsoft Office

Data Analytics Tools

AI fundamentals

Job description

What is the opportunity?

As a Director, Capital Markets, Internal Audit (IA) you will oversee and lead teams in audit engagements that assess the effectiveness of internal controls, risk management practices, corporate governance processes, and fraud prevention and detection in the Capital Markets (CM) platform of RBC. You will take a strategic approach to engagements that incorporate emerging risks and the implementation of new approaches and techniques, including leveraging Data Analytics to widen the scope of audits and assurance reviews, provide insights to the Internal Audit group, and act as a trusted advisor to the business. As part of annual planning, you will contribute to the creation of an efficient audit plan for the fiscal year, including coverage of key areas, seeking efficient incorporation of emerging risks and horizontal audits. Further, this includes incorporating thorough, documented risk assessments of the CM business and the results of collaboration with other IA teams and various Internal Audit Centres of Excellence. This role is in Toronto, however, will partner with regional Internal Audit teams globally.

During your tenure, you will gain exposure to RBC Capital Markets products, business lines, technologies, and strategies, adding to your CM subject matter expertise. You will also work with management in achieving business objectives by identifying opportunities to improve business operations, while remaining objective and independent.

RBC Internal Audit leverages a unique perspective— with a coordinated view across the entire business—to deliver valuable insights that not only gives assurance, but also illuminates a bigger picture, connects dots, builds best practices and broadens possibilities. We connect intelligence to protect and enable RBC.

What will you do?

• Lead and manage internal audit professionals, taking accountability for and ensuring high quality and timely execution of audits in the annual plan, including various businesses within RBC Capital Markets (CM) – Global Markets, Corporate and Investment Banking, CM Wholesale Operations (BCS), and CM COO Functions
• Review and challenge audit reports and associated audit documentation (including workpapers) in accordance with current IA methodology drafted by managers/senior managers for submission to the Managing Director and presentation to business stakeholders
• Continually develop relationships with business stakeholders, in part through continuous risk monitoring, to become a trusted advisor, working collaboratively to assess the effectiveness of key risk management strategies with coordination with first and second lines of defense
• Contribute to the development of the Capital Markets Internal Audit team by (i) providing direction, coaching, and effective feedback, (ii) imparting specialized skills and knowledge to audit team members through peer discussions and cooperation on integrated audits, (iii) modelling a global, one-team mindset, and (iv) modelling and promoting innovation and adoption of new tools.
• Contribute to and provide input into development of the annual audit plan with special accountability for your CM focus area (e.g., Audit Universe, Risk Assessments, Plan development, collaboration across IA teams) and/or additional areas, if needed, for the Capital Markets business, along with the development of a multi-year strategic approach to auditing the portfolio
• Respond to stakeholder needs quickly and efficiently, while building constructive relationships with Internal Audit peers and business partners
• Assist with Regulator requests in all regions
• Manage team’s delivery of high quality and timely issue validation efforts
• Support, and from time to time take lead role in producing quarterly management and legal entity reporting, as requested by Capital Markets Internal Audit leadership
• Participate in various initiatives (e.g., CAE Group or CM IA initiatives), as requested by Capital Markets Internal Audit leadership
• Leverage data analytics (and related insights) within and across audits, to gain and document deeper insights into the root-causes and potential impacts of audit issues while driving process improvements to enhance operational efficiency and effectiveness in the team

What do you need to succeed?

Must-have

• CPA or CFA in good standing or similar equivalent Undergraduate degree, ideally with a financial services focus (e.g. Commerce or Economics), as well as a strong knowledge and/or deep experience in the Capital Markets industry
• 8+ years of Financial Institution (preferably Banking) experience and /or previous audit experience
• Leadership and People Management experience with a proven ability to lead teams, bringing a strong “one team” mentality, regardless of region or role in IA and a strong accountability mindset, self-drive, and proficient oral and written communication skills
• Proficient in project management and auditing principles and techniques with an aptitude and desire to work in a dynamically changing environment
• Understanding of the principles of Regulatory, Market, Counterparty, Credit, and/or Operational risk
• A solid grasp of the Three Lines of Defense model
• Enthusiastic to learn and promote AI tools and team strategy

Nice-to-have

• Capital Markets business or functional experience
• Proficient in basic Microsoft suite
• Knowledge of technology and data analytics
• AI use fundamentals

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 valuable insights and trusted advice to help our internal clients thrive in a manner in keeping with internal policies and regulatory requirements, 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
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work with exposure to many dimensions such as region, product, strategies, functional teams and lines of defense

Job Skills

Adaptability, Auditing, Detail-Oriented, Internal Controls, Interpersonal Relationship Management, Long Term Planning, Multi-Level Communication, Organizational Savvy and Politics, Results-Oriented

Additional Job Details

Address:

20 KING ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

INTERNAL AUDIT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-08-17

Application Deadline:

2026-08-31

Note

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

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.