City National Bank
WHAT IS THE OPPORTUNITY?
The Director of Audit for BSA/AML will support City National Bank's Internal Audit department by providing independent, objective assurance over the design and operating effectiveness of CNB's processes and controls related to Financial Crimes Compliance, including BSA/AML, OFAC and ABAC. This position will lead and oversee audit activities such as audit issue validations, continuous risk monitoring activities, and annual audit planning. The Director of Audit for BSA/AML will also respond to US regulators to meet the evolving demands of the US regulatory environment and heightened expectations of internal audit.
WHAT WILL YOU DO? Oversee/manage an audit team to provide independent and objective assurance of the design and effectiveness of AML, OFAC, and ABAC practices for City National Bank (CNB).
Audit Assurance: Prepare and oversee the execution of the annual audit plan for the CNB Financial Crimes audit universe to assess the adequacy and effectiveness of the internal control environment.
Ensure timely and complete execution of audits in the annual plan.
Review audit findings and reports drafted by the audit team for submission to IA Senior Management.
Lead the execution of continuous monitoring and adjust the audit plan and risk assessment as necessary.
Data Analytics and Technology: Leverage data analysis and insights across the enterprise and across all stages of the audit lifecycle; build and maintain relationships with data stewards and heads of platform technology to understand key applications and data sources.
Direct oversight of the CNB Financial Crimes audit universe and related support functions.
Work efficiently through the audit lifecycle (planning, execution, reporting) in accordance with Internal Audit methodology and standards.
Support the continuous improvement of audit methodologies and practices with emphasis on collaboration with partners, analytics, BI tools, and other enabling approaches, technologies and tools.
Direct, counsel, and manage internal auditors assigned to CNB FCC audit engagements; review plan, findings, and reports for scope, accuracy, and compliance.
Coordinate and manage regulatory requests and examinations with bank regulators.
WHAT DO YOU NEED TO SUCCEED? Required Qualifications
Bachelor's Degree or equivalent
Minimum of 10 years of progressive experience within a top-tier financial services organization or Big 4 public accounting firm
Minimum of 5 years experience managing staff
Additional Qualifications
Professional Designation (CAMS, CFE, CIA, CPA) preferred
Demonstrated success in building inclusive and diverse teams or committees
Experience working in a matrixed organization with the ability to multitask and prioritize
Experience leading, coaching and mentoring direct reports
Audit, Assurance and Advisory experience
Strong understanding of Financial Crimes compliance risk across 1st and 2nd lines of defense
Experience working with US regulators (e.g., OCC, Federal Reserve)
Strong experience in data analytics, visualization and reporting (e.g., Tableau)
Experience planning integrated business audits with technology, data and model auditors
Understanding of core technology (applications and infrastructure)
Strong leadership and communication skills (oral and written)
Ability to interact effectively with management and staff at all levels
WHAT'S IN IT FOR YOU? Compensation
Starting base salary: $141,830 - $263,408 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits
Comprehensive healthcare coverage (Medical, Dental, Vision) starting the first of the month following start date
Generous 401(k) company matching contribution
Career development through tuition reimbursement and other training resources
Paid time off for vacation, sick leave, and volunteer time
Specialized health and family planning benefits, including fertility benefits and health programs
Career mobility support from a dedicated recruitment team
Colleague Resource Groups for networking and community engagement
For more details on benefits, please refer to the company materials.
About Us City National Bank was founded in 1954 and is a subsidiary of Royal Bank of Canada. We value integrity, community, and client relationships. Visit our site to learn more about City National and our culture.
Inclusion and Equal Opportunity Employment City National Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
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The Director of Audit for BSA/AML will support City National Bank's Internal Audit department by providing independent, objective assurance over the design and operating effectiveness of CNB's processes and controls related to Financial Crimes Compliance, including BSA/AML, OFAC and ABAC. This position will lead and oversee audit activities such as audit issue validations, continuous risk monitoring activities, and annual audit planning. The Director of Audit for BSA/AML will also respond to US regulators to meet the evolving demands of the US regulatory environment and heightened expectations of internal audit.
WHAT WILL YOU DO? Oversee/manage an audit team to provide independent and objective assurance of the design and effectiveness of AML, OFAC, and ABAC practices for City National Bank (CNB).
Audit Assurance: Prepare and oversee the execution of the annual audit plan for the CNB Financial Crimes audit universe to assess the adequacy and effectiveness of the internal control environment.
Ensure timely and complete execution of audits in the annual plan.
Review audit findings and reports drafted by the audit team for submission to IA Senior Management.
Lead the execution of continuous monitoring and adjust the audit plan and risk assessment as necessary.
Data Analytics and Technology: Leverage data analysis and insights across the enterprise and across all stages of the audit lifecycle; build and maintain relationships with data stewards and heads of platform technology to understand key applications and data sources.
Direct oversight of the CNB Financial Crimes audit universe and related support functions.
Work efficiently through the audit lifecycle (planning, execution, reporting) in accordance with Internal Audit methodology and standards.
Support the continuous improvement of audit methodologies and practices with emphasis on collaboration with partners, analytics, BI tools, and other enabling approaches, technologies and tools.
Direct, counsel, and manage internal auditors assigned to CNB FCC audit engagements; review plan, findings, and reports for scope, accuracy, and compliance.
Coordinate and manage regulatory requests and examinations with bank regulators.
WHAT DO YOU NEED TO SUCCEED? Required Qualifications
Bachelor's Degree or equivalent
Minimum of 10 years of progressive experience within a top-tier financial services organization or Big 4 public accounting firm
Minimum of 5 years experience managing staff
Additional Qualifications
Professional Designation (CAMS, CFE, CIA, CPA) preferred
Demonstrated success in building inclusive and diverse teams or committees
Experience working in a matrixed organization with the ability to multitask and prioritize
Experience leading, coaching and mentoring direct reports
Audit, Assurance and Advisory experience
Strong understanding of Financial Crimes compliance risk across 1st and 2nd lines of defense
Experience working with US regulators (e.g., OCC, Federal Reserve)
Strong experience in data analytics, visualization and reporting (e.g., Tableau)
Experience planning integrated business audits with technology, data and model auditors
Understanding of core technology (applications and infrastructure)
Strong leadership and communication skills (oral and written)
Ability to interact effectively with management and staff at all levels
WHAT'S IN IT FOR YOU? Compensation
Starting base salary: $141,830 - $263,408 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits
Comprehensive healthcare coverage (Medical, Dental, Vision) starting the first of the month following start date
Generous 401(k) company matching contribution
Career development through tuition reimbursement and other training resources
Paid time off for vacation, sick leave, and volunteer time
Specialized health and family planning benefits, including fertility benefits and health programs
Career mobility support from a dedicated recruitment team
Colleague Resource Groups for networking and community engagement
For more details on benefits, please refer to the company materials.
About Us City National Bank was founded in 1954 and is a subsidiary of Royal Bank of Canada. We value integrity, community, and client relationships. Visit our site to learn more about City National and our culture.
Inclusion and Equal Opportunity Employment City National Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
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