Senior Audit Manager

Position Purpose:
* To support the VP & GA, providing independent, objective risk assessment and evaluation of the risk management practices, internal control and governance processes at RBC Bank relative to the Credit Review Team, as well as the commercial, commercial real estate and Builder Finance, including products, sales, segments and operations.
* Work with management in achieving business objectives by creating solutions to improve business operations, while remaining objective and independent.

Key Accountabilities:
* Implement the execution of the audit plan with respect to commercial/CRE/BF and related components of Risk Management, and ensure effective audit practices for traditional and continuous audits.
* Execute audits effectively, identifying risk and control deficiencies with a thorough understanding of the risks of the area, while at the same time ensuring that the audits are conducted on a cost effective basis.
* Lead a team of auditors with respect to these audits; direct counsel and instruct staff assigned to the audit engagement and review audit plan, findings and reports for sufficient scope and for accuracy.
* Provide leadership, coaching, performance management and personal development support, particularly in the development of commercial lending skills within the group.
* Key relationship manager for commercial sales units and GRM-commercial.

Time Allocation:
Planning/leading audits: 60-80%
Leadership/people development: 10-20%
Relationship building: 10-20%
Personal Development: 10%

Job Requirements: (Knowledge/ Experience):
In depth knowledge of business and key functions of commercial credit, commercial credit processes and regulatory requirements. Good understanding of use and risks of derivatives among commercial customers.
Experienced commercial banking/CRE internal auditor.
In depth knowledge of US GAAP, complex accounting, auditing standards and business processes.
Strong verbal and written communication skills

Required:
* Minimum 10 years experience in commercial and/or commercial real estate risk management.
* Minimum 5 years experience in internal auditing

Preferred:
* Certified Internal Auditor (or comparable designation) or willingness to pursue audit designation.

Required Skills/ Competencies/ Attributes:

Education:
BA/BS

Required Accreditation(s):

Special Conditions:
N/A

Diversity:
Diversity in the workplace, one of our shared values, lies at the heart of our rewarding, open, supportive and inclusive work environment. We respect and respond to the many competing and evolving priorities in our lives so you can focus on what you can do best - put clients first.

EOE/M/F/D/V