Business Controls Lead

Job Description

BUSINESS CONTROLS LEAD

WHAT IS THE OPPORTUNITY?

1LOD operational risk support responsible for ongoing day to day risk activities. The primary responsibility for this role is identifying, assessing, monitoring, and reporting all key risks. Assists operations managers with monitoring of business risks and controls. Coordinates Risk Registers to support the overall Risk and Control Self-Assessment. Will work with business partners and risk units, to help prepare for testing , audits and other related risk activities. Provides risk management expertise while working with operations managers and other 2nd line risk partners (to include Operational and Enterprise Risk Management teams, Regulatory Compliance, Business Continuity, IT Risk, Third Party Risk, Corp. Security, etc.). Also responsible for promoting risk awareness within their own Business Unit.

WHAT WILL YOU DO?

• Works with unit Operations Managers to identify, design, document and implement appropriate controls within the organization.
• Act as subject matter expert for the activities performed in the respective division and their associated risk exposures.
• Provides advice, support, and strategies to Line of Business units on regulatory interactions as applicable
• Build, cooordinate, and lead monthly risk working groups to show thematic trends, themes, testing and audit updates, and business needs regarding risk program maturity in conjunction with key objectives.
• Adhere to a consistent approach in executing key program components for all operational risks, including Risk and Control Self Assessments (RCSA's), Key Risk Indicators (KRI's), Issue Management and Operational Losses.
• Ensure business / strategic plans are consistent with the Risk Appetite Framework and organizations KRI's and KPI's.
• Builds and sustains effective relationships across the enterprise.
• Stays abreast on specific reporting standards, department reporting requirements and bank changes / enhancements.
• Provide guidance and leadership on relevant risk and control matters such as monitoring operational developments and providing updates to appropriate managers, and research and prepare for resolution
• Coordinate the completion of issues and action plans and providing status updates of open / closed issues to owners and leadership

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications

Additional Qualifications

WHAT'S IN IT FOR YOU?

Compensation

Starting base salary : $101,231 - $172,355 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 :

Get a more detailed look at our Benefits and Perks.

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 About Us.

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.

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