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Senior Manager, Internal Audit- Group Risk Management, Financial Risk
full-timeToronto

Summary

Location

Toronto

Type

full-time

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About this role

Job Description

What is the opportunity?

An exciting opportunity where you will be a key member of the Internal Audit Group Risk Management Financial risk team. As a Senior Manager, you will provide an independent and objective assessment of the effectiveness of RBC’s risk management practices with a primary focus on Group Risk Management (GRM).

The RBC CAE Group 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?

  • Provide an independent and objective assessment of the effectiveness of risk management practices at RBC on a wide range of topics including Liquidity risk, Balance Sheet management, Counterparty Credit risk, Market risk, Model risk, Stress Testing and Internal Capital Adequacy (ICAAP).
  • Thorough in-depth understanding of the business including changes to the regulatory and business environments, develops audit programs to ensure effective control solutions are implemented
  • Planning and executing technical audit engagements related to a broad range of financial risk including, Counterparty Credit risk, liquidity risk, market risk, regulatory capital, CCAR, and EWST
  • Continually develop working relationship with business stakeholders to become a trusted advisor
  • Contribute to the development of a risk-based multi-year audit approach
  • Contribute to effective continuous audit monitoring
  • Drive process improvements to enhance operational efficiency and effectiveness

What do you need to succeed?

Must-Haves: 

  • 5+ years of risk management experience as 1st or 2nd line of defense (in any of one or more of these fields: counterparty credit risk /XVA /valuations/ market Risk / Stress Testing / Model risk management / Treasury and balance sheet management /IRRBB CCAR
  • Strong knowledge of Capital Markets /Financial Services industry across various businesses with direct experience.
  • Quantitative degree in Finance / advanced modelling or related.
  • Proficient with using Excel /VBA/Python is an asset. Professional qualification such as CPA /CFA/FRM is a plus

Nice to have:

  • Experience or working knowledge of Internal Audit Services best practices, methodologies, policies, procedures and systems with Internal Audit experience in Banking or Capital Markets.
  • Team player with strong collaborative and communication skills. Able to influence key stakeholders to achieve consensus and meet objectives; and work independently as well as in a team environment.
  • Proactive and quick learner; self-driven to take initiative; have flexibility to adapt well to changing priorities; Detail oriented and able to manage multiple tasks under tight/ competing deadlines
  • Have strong analytical and Broad picture mindset problem-solving skills. Proven experience of leading and strong relationship building skills

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.
  • Opportunities to do challenging work.
  • Opportunities to take on progressively greater accountabilities.
  • Ability to make a difference and lasting impact.

Job Skills

Adaptability/Flexibility (Inactive), Adaptability/Flexibility (Inactive), Auditing, Audit Programs, Balance Sheet Analysis, Balance Sheet Management, Capital Adequacy, Commercial Acumen, Counterparty Risk Management, Credit Risks, Detail-Oriented, Financial Risk, Internal Controls, Interpersonal Relationship Management, Liquidity Management, Liquidity Risk, Market Risk, Multi-Level Communication, Organizing, Quantitative Models, Quantitative Risk Analysis, Regulatory Capital, Results-Oriented, Stress Testing, Technical Auditing {+ 1 more}

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:

2026-01-21

Application Deadline:

2026-02-21

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

Inclusion and Equal Opportunity Employment

At 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.

Other facts

Tech stack
Risk Management,Auditing,Liquidity Risk,Market Risk,Stress Testing,Model Risk Management,Balance Sheet Management,Counterparty Credit Risk,Regulatory Capital,Quantitative Analysis,Internal Controls,Communication Skills,Analytical Skills,Problem-Solving Skills,Relationship Building,Detail-Oriented

About Royal Bank of Canada

Backer of Canada’s most daring innovators and idea generators. We power bold. #RBCxPowersBold

Team size: 10,001+ employees
LinkedIn: Visit
Industry: Financial Services

What you'll do

  • As a Senior Manager, you will assess the effectiveness of RBC’s risk management practices, focusing on Group Risk Management. You will plan and execute technical audit engagements related to various financial risks and develop audit programs to ensure effective control solutions.

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Frequently Asked Questions

What does a Senior Manager, Internal Audit- Group Risk Management, Financial Risk do at Royal Bank of Canada?

As a Senior Manager, Internal Audit- Group Risk Management, Financial Risk at Royal Bank of Canada, you will: as a Senior Manager, you will assess the effectiveness of RBC’s risk management practices, focusing on Group Risk Management. You will plan and execute technical audit engagements related to various financial risks and develop audit programs to ensure effective control solutions..

Why join Royal Bank of Canada as a Senior Manager, Internal Audit- Group Risk Management, Financial Risk?

Royal Bank of Canada is a leading Financial Services company.

Is the Senior Manager, Internal Audit- Group Risk Management, Financial Risk position at Royal Bank of Canada remote?

The Senior Manager, Internal Audit- Group Risk Management, Financial Risk position at Royal Bank of Canada is based in Toronto, Canada. Contact the company through Clera for specific work arrangement details.

How do I apply for the Senior Manager, Internal Audit- Group Risk Management, Financial Risk position at Royal Bank of Canada?

You can apply for the Senior Manager, Internal Audit- Group Risk Management, Financial Risk position at Royal Bank of Canada directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Royal Bank of Canada on their website.