Control Testing / Reporting Lead 1LOD

CONTROL TESTING / REPORTING LEAD 1LOD

WHAT IS THE OPPORTUNITY?

The 1LOD Control Testing / Reporting Lead is a key strategic and integral role for the overall success of the bank. This role is responsible for (i) with the guidance of Manager Control Testing / Reporting, responsible for building sustainable processes with appropriate risk mitigation activities; (ii) consulting risk owners on how to design and implement controls to mitigate the risks in a process; (iii) leading the analysts to perform control testing that evaluate the design and operating effectiveness of CNB's first line key controls; (iv)analyzing, aggregating, and articulating the results / issues / recommendations related to control testing activities; and (v) maintaining a thorough understanding of CNB's Internal Controls Management Policy, control testing methodologies, and related regulatory and compliance standards. This dynamic position provides opportunities for working across CNB, including across the business, 2LOD and internal audit.

WHAT WILL YOU DO?

With the guidance of Manager Control Testing / Reporting, responsible for building sustainable processes with appropriate risk mitigation activities

Consulting risk owners on how to design and implement controls to mitigate the risks in a process

Responsible for planning, executing, and reviewing Control Assessments (i.e. Testing) that evaluate the design and operating effectiveness of CNB's first line Key Controls

Maintain a thorough understanding of CNB's Internal Controls Management Policy and Standards, control testing methodologies, and related regulatory and compliance standards, including but not limited to enterprise risk management, data governance, third party risk management, model risk management, business continuity, fraud risk management, and associated regulations, guidance, and regulatory expectations

Develop robust and scalable testing modules, scripts, and other guides including testing approach for evaluating the effectiveness of CNB's first line Key Controls to mitigate key risk exposures related to regulatory requirements and CNB risk policies and standards

Exhibit high attention to detail in documentation of control evaluation work papers and remediation of reviewer's commentary

Exhibit high attention to detail and strategic thinking in analyzing, aggregating, and articulating the results / issues of control testing activities and value-add opportunities for improvement of Key Controls to CNB Senior Management and other stakeholders

Contribute to the articulation of results / conclusions / memos of control testing activities and communicate to key stakeholders across CNB

Support development, implementation, and continuous improvement of tools, templates, and best practices that support control testing and reporting activities

Assist with the validation and closure of control issues as identified through testing

Maintain solid working relationships with 1LOD, 2LOD and internal audit

Supports a high-performance environment by fostering an inclusive work environment, helping / elevating peers, and taking ownership of individual developmental goals

Acts as brand ambassador of the CoE by developing solid working relationships across the organization as to facilitate communication and strategic partnerships

Contribute to ad-hoc assignments and special projects

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications

Bachelor's Degree or equivalent

Minimum 5 years of experience in controls testing, internal audit, quality control roles, or other complimentary capacities, preferably within the financial services industry, a public accounting firm, or with a financial institutions regulator

Minimum 3 years of experience in the financial services industry

Additional Qualifications

Preferred Certifications : CPA - Certified Public Accountant, CIA - Certified Internal Auditor, CISA - Certified Information Systems Auditor, and CISSP - Certified Information Systems Security Professional

Knowledge of FINRA, SEC, MSRB, FRBNY and OCC rules and regulations

Experience with operating in a highly matrixed environment

Excellent communication and presentations skills

Demonstrated experience supporting risk projects across multiple business lines offering a wide variety of financial services products and services

Excellent analytical and complex problem-solving skills

Knowledge of the financial services sector, particularly with the competitive dynamics and products in banking and risk management

Strong time management skills

WHAT'S IN IT FOR YOU?

Compensation Starting base salary : $77,000 - $143,000 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and / or commissions.

Benefits and Perks

At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including :

Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date

Generous 401(k) company matching contribution

Career Development through Tuition Reimbursement and other internal upskilling and training resources

Valued Time Away benefits including vacation, sick and volunteer time

Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs

Career Mobility support from a dedicated recruitment team

Colleague Resource Groups to support networking and community engagement

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ABOUT US

Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

• Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.

Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.