Senior Audit Manager - Corporate Treasury and Balance Sheet Review
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Senior Audit Manager - Corporate Treasury and Balance Sheet Review
Sign up with Clera and we'll reach out the moment a role actually fits you — no more spraying applications into the void.
$110k–$190k/yr
Full-time
Bonuses, Flexible benefits, Competitive compensation, Commissions, Stock options, 401(k) program with company-matching contributions
Posted 50d ago
Apply by Aug 31
~40 hrs/week
Responsibilities
Provide independent evaluation of Corporate Treasury areas, specifically focusing on Interest Rate Risk in the Banking Book (IRRBB) for U.S. operations. Support the audit lifecycle including planning, reporting, issue remediation, and regulatory validation projects.
Requirements
Requires approximately 6-8 years of experience in IRRBB processes, including stress testing, sensitivity analysis, and backtesting. Candidates must be proficient in risk identification and input/output controls within a treasury context.
Full job description
Job Description
Job Description
What is the Opportunity?
The Senior Audit Manager for the RBC Corporate Treasury Audit Team will provide independent and objective evaluation of the adequacy and effectiveness of Corporate Treasury Areas, including Interest Rate Risk in the Banking Book (IRRBB). Specifically, the Senior Audit Manager will support the audit team in the execution of audits related to IRRBB processes such as key assumptions (deposit decay, loan prepayments, etc.), sensitivity analysis of key assumptions, Net Interest Income (NII) and Economic Value of Equity (EVE) stress testing, risk identification, input and output controls, backtesting, and other processes related to IRRBB.
What will you do?
Provide independent and objective evaluation of the adequacy and effectiveness of IRRBB practices for RBC’s Combined U.S. Operations (CUSO).
Support the Audit Director and Managing Director audits across the U.S. portfolio, including through the audit planning, reporting and issue remediation phases.
Assist in non-audit related projects including regulatory issue validation, audit risk assessments, and other strategic initiatives
What do you need to succeed?
Approximately 6-8 years of experience covering IRRBB processes such as key assumptions (deposit decay, loan prepayments, etc.), sensitivity analysis of key assumptions, Net Interest Income (NII) and Economic Value of Equity (EVE) stress testing, risk identification, input and output controls, backtesting, and other processes related to IRRBB.
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 trusted advice to help our clients thrive 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, commissions, and stock where applicable
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
The good-faith expected salary range for the above position is $110,000-190,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.
RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
· Drives RBC’s high performance culture
· Enables collective achievement of our strategic goals
· Generates sustainable shareholder returns and above market shareholder value
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.
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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
Related keywords
Corporate TreasuryBalance Sheet ReviewIRRBBInterest Rate Risk in the Banking BookDeposit DecayLoan PrepaymentsSensitivity AnalysisNet Interest IncomeEconomic Value of EquityStress TestingBacktestingInternal AuditRegulatory Issue ValidationRisk AssessmentLiquidity RiskTreasury Management
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
http://rbc.com/legalstuff.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.
https://www.rbc.com/conditions-dutilisation/
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