Senior Manager, Internal Audit, Operations (GG07)

Socket.dev; Toronto; On-site; CAD 90,000 - 130,000; Full time

Job summary

Royal Bank of Canada is seeking a capable Internal Audit professional to lead core assurance audits across the enterprise, ensuring robust risk assessment and effective governance processes.

You will develop audit programs, manage working papers, and guide a team to deliver comprehensive evaluations with documented conclusions and actionable recommendations.

Qualifications

• Using a risk-based approach, lead all aspects of core assurance audits including planning, execution and reporting, while adding value.
• Develop and execute audit programs and procedures to assess design and operating effectiveness of controls. Manage assigned working papers and ensure sufficiency and appropriateness of evidence.

Responsibilities

• Lead core assurance audits from planning through reporting using a risk-based approach.
• Develop and execute audit programs to assess design and operating effectiveness of controls.
• Manage a team of auditors on engagements and review work for scope and accuracy.
• Draft audit issues and support action plans to address control deficiencies and audit conclusions.
• Contribute to global payments coverage strategy and testing in core audits and thematic reports.
• Contribute to Continuous Risk Monitoring (CRM) for Enterprise Operations and COO Group, using data analytics to produce risk insights.

Job description

Job Description

What is the opportunity?

In partnering across the enterprise, Internal Audit (IA), a division within RBC, has a mandate to provide independent, objective risk assessment and evaluation of the adequacy and effectiveness of risk management practices, internal controls and governance processes for all areas of RBC. While remaining independent and objective, IA works with management in achieving business objectives by ensuring appropriate remedial action takes place to improve operations in areas with identified weaknesses. Key stakeholders include the board of directors, shareholders’ auditors, regulators and senior management. As a dynamic global team, we are building a team to accelerate and enable our strategy, goals and transformation efforts.

What will you do?

• Using a risk-based approach, lead all aspects of core assurance audits including planning, execution and reporting, while adding value.

• Develop and execute audit programs and procedures to assess design and operating effectiveness of controls. Manage assigned working papers and ensure the sufficiency and appropriateness of the evidence obtained to support the conclusion.

• Manage a team of professional auditors assigned to the engagement and review audit work 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.

• Draft audit issues and support management in developing robust action plans to address identified control deficiencies, as well as overall audit conclusions based on control strengths and weaknesses.

• Contribute to development of global payments coverage strategy and execution of related deliverables such as payment lifecycles testing in core audits, development of thematic reports, oversight and advisory for audit teams globally.

• Actively contribute to development and execution of quarterly Continuous Risk Monitoring (CRM) for Enterprise Operations, and the Chief Operating Office (COO) Group, and continuous assurance approaches leveraging data analytics/data visualization to produce risk and control insights for business partners and increase Audit’s efficiency and effectiveness.

• Contribute to the annual audit planning including auditable entities risk assessment process. 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.

• Keep ab...