Director, Global Credit (Retail) Internal Audit

Socket.dev; Toronto; On-site; CAD 180,000 - 240,000; Full time

Job summary

RBC recruiting for a Director, Internal Audit – Global Credit (Retail) to lead a multidisciplinary team and assess internal controls, governance and credit risk management across Retail Credit portfolios worldwide, spanning Canada, the Caribbean and the US.

The role emphasizes strategic audit planning, risk-based approaches, and close collaboration with business partners while maintaining independence as the Third Line of Defense.

Qualifications

• 10+ years in retail credit risk management and governance.
• Global perspective with cross-border collaboration.
• Strong ability to advise and challenge senior management.

Responsibilities

• Oversee audit planning, execution and reporting with multi-disciplinary teams.
• Ensure coverage of key risk areas and support senior management opinion.
• Develop robust action plans to address deficiencies timely.
• Provide credit risk insights and data-driven assurance strategies.
• Coordinate with regional teams including US and Caribbean.

Skills

Retail Credit Risk

Leadership

Communication

Data Analytics

AI mindset

Education

Graduate Degree in Business/Finance

MBA

CPA/CFA

Job description

Job Description

As Director, Internal Audit – Global Credit (Retail), you will lead a team and assess the effectiveness of internal controls, governance and credit risk management practices across first and second line of defense for Retail Credit portfolios globally within RBC. You will work with key partners across Internal Audit in Canada (Personal Banking, Operations, IT, Model, GRM Audit), the Caribbean, US RBC Bank and CNB as well as US Credit Risk Review to deliver on this mandate and act as a trusted advisor to the business while remaining objective and independent as the Third Line of Defense.

Internal Audit is part of the RBC Chief Audit Executive (CAE) Group which leverages a unique perspective —with a coordinated view across the entire business— to deliver valuable advice that not only gives assurance, but that illuminates a bigger picture, connects dots, builds best practices, and broadens possibilities. We connect intelligence to protect and enable RBC.

What will you do?

• Oversee all aspects of an audit including planning, execution and reporting:
  • Provide oversight of Audit Lead and a team of multi-disciplinary auditors assigned to the engagement for sufficient scope, accuracy and alignment with Internal Audit methodology.
  • Ensure adequate coverage of key risk areas to support an overall opinion on internal controls and risk management practices to Senior Management.
  • Ensure the breadth and scope of audit documentation including audit issues are complete, accurate with the sufficiency and appropriateness of the evidence obtained to support the conclusion.
  • Support management in developing robust action plans to address deficiencies and ensure corrective actions are implemented in a timely manner to effectively address the issues.
• Contribute to the annual audit planning and risk assessment processes and ensure adequate coverage of key risk areas. Also identify opportunities for Internal Audit to provide assurance or advisory services consistent with its role to evaluate and improve risk management, control, and governance processes.
• Act as Global Retail Credit COE to provide credit support and liaison regional coverage such as Caribbean and US RBC Bank, work with US Credit Risk Review (CRR) team to ensure comprehensive coverage and drive efficiency.
• As a strategic thinker, develop new assurance strategies and data-driven approaches to produce risk and control insights for business partners, and increase Internal Audit’s efficiency and effectiveness.

What do you need to succeed?

Must-have

• 10+ years of experience in retail credit risk management, knowledge of risk management regulation framework. In-depth knowledge of Retail Banking: credit products, risk management lifecycle, operations, and the first, second and third-line model of defense.
• Global mindset, strong leadership presence and people management skills, with excellent communication skills.
• Excellent knowledge of Credit Risk Management: risk management processes i.e. governance, risk assessment, retail risk management life cycle, credit portfolio management, IFRS9 provisioning.
• Demonstrated expertise and deep knowledge of internal audit including risk-based audit plan development, proven ability to identify risks and assess the effectiveness of internal controls, engagement management, report and issue writing, managing executive level client meetings and relationships.
• Strong client relationship management project and audit engagement management capabilities
• Data analytics and AI skills/mindset to drive insights

Nice-to-have

• Graduate Degree in Business/Finance, Professional Accounting or Audit certification (e.g. MBA, CPA, CFA, FRM, CIA).
• Audit experience in a leadership role

Job Skills

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

What’s in it for you?

• 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

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: 2026-08-04

Application Deadline: 2026-09-17

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.