Manager, Internal Audit Regulatory Exam Management

Assist in development, management and coordination of Internal Audit related Regulatory Examinations, including responses to ongoing/adhoc requests, preparation for regulatory meetings, and provide required internal reporting and updates regarding regulatory activities. Work closely with IA stakeholders to ensure consistent, clear and timely communication to regulators.

What is the Opportunity?

To support the maintenance and operations of the regulatory relationship with US prudential and securities regulators that cover all aspects of US Internal Audit (IA) activities to provide advice, assistance and support to key IA stakeholders, and respond to its regulatory activities in accordance with RBC Code of Ethics and operate in an effective and efficient manner. The US regulatory relationship is carried out within the US, covering IA activities across all platforms and RBC entities.

What will you do?

• Support the Internal Audit Regulatory Exam Management team and US Internal Audit team on US regulatory matters.
• Assist in coordinating Internal Audit matters for RBC's US prudential and securities regulators, primarily the Federal Reserve and the OCC, for all matters regarding RBC's US Internal Audit. This activity includes assisting with Regulatory Examinations, overseeing and managing the timeliness and accuracy of responses to regulators, including compiling information to support regulatory requests and queries/responses to exam findings.
• Maintain effective working relationships with key stakeholders ensuring they get maximum value from engagement work.
• Contribute in periodic meetings with the IA teams to provide updates on status on the Regulatory Examinations and ongoing supervisory meetings.
• Maintain thorough knowledge of applicable US regulatory requirements for Foreign Banking Organizations, OCC National Banks, OCC-authorized branches, agencies and representative offices and Federal Reserve Intermediate Holding Companies and Fed-authorized representative offices. Actively monitor and report on regulatory updates and developments affecting US business platforms and the IA teams that provide coverage.
• Support internal reporting of data related to Regulatory Exams and findings.
• Provide reporting and ad-hoc support to IA management, including support for preparation for meetings, preparing exam and adhoc responses.

What do you need to succeed?

Relationship building and client experience:

• Has consistently recommended and implement innovative solutions to improve inefficient processes
• Strong relationship management skills      

Audit and Assuranceexperience

• Regulatory experience, including regulatory issue validation a plus
• Audit background
• Undergraduate degree in related field

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
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Opportunities to building close relationships with clients

The good-faith expected salary range for the above position is depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs.  This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

·       Drives RBC’s high performance culture

·       Enables collective achievement of our strategic goals

·       Generates sustainable shareholder returns and above market shareholder value

Job Skills

Additional Job Details

350 SOUTH GRAND AVENUE:LOS ANGELESLos AngelesUnited States of America40Full timeInternal AuditRegularSalaried2024-03-282024-04-05