Internal Controls Officer Senior

Internal Controls Officer Senior

Internal Controls Officer is responsible for providing independent and objective oversight of the management of risks arising from City National Bank's business processes, people, systems or external events. The team is responsible for providing governance and oversight to enhance the control environment to ensure successful remediation of operational risk exposures. This includes providing practical guidance, functional expertise, strategic direction, and execution rigor to significant operational risk remediation activities. The Senior Officer is responsible for challenging the quality, sufficiency, and completeness of 1LOD risk remediation and control management activities for moderate to high-risk initiatives in compliance with the Issue Management Policy and Standard and the Internal Controls Management Policy (ICMP) and Standard and for communication outcomes of objective assessment through escalation and reporting to Senior Management as necessary.

Conduct review and challenge of remediation initiatives to ensure operational risk exposures associated with known control deficiencies are addressed. This includes providing challenge throughout the Issue Management Lifecycle, which may include issue data details; root cause analysis; action plan; material issue changes; management's completion of the required and / or committed corrective actions with supporting evidence; and sustainability.

Conduct review and challenge of controls implemented. This includes providing feedback to risk and control owners and control assessment teams related to the following control management activities : control identification to match appropriate controls with identified risk exposures to lower the residual risk level; completeness and robustness of control documentation; reasonableness of control assessment approach and sample selection; consistency of design effectiveness and operating effectiveness conclusions with supporting evidence; and appropriateness of documented issues and action plans to remediate identified control failure.

Ensures work is produced and documented in alignment with quality and content requirements. Provides clear and transparent updates on remediation progress. Exercises independent judgment in identifying and assessing risk. Prepares, reviews, and presents review and challenge results to Leadership, including outlining the risk of control deficiencies. Ensures observations and findings are documented and escalated to appropriate leadership. Exercises effective communication and promotes positive client relations with business line colleagues and management. Maintains authoritative knowledge and understanding of laws and regulations, regulatory guidance, policy, and procedures for operational functions covered. Provides 2LOD audit and regulatory exam support. Executes additional departmental initiatives and other duties as assigned.

Required Qualifications :

• Bachelor's Degree or equivalent
• Minimum 7 years of experience in financial services industry, with at least five years in an operational risk management, internal audit, or compliance role
• Minimum 3 years of control assessment and validation experience
• Minimum 1 year of supervisory experience

Additional Qualifications :

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.

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.