City National Bank
Control Testing /Reporting Lead 1LOD
City National Bank, Los Angeles, California, United States, 90079
Overview
Join to apply for the
Control Testing /Reporting Lead 1LOD
role at
City National Bank .
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: building sustainable processes with appropriate risk mitigation activities; consulting risk owners on how to design and implement controls to mitigate risks in a process; leading analysts to perform control testing that evaluates the design and operating effectiveness of CNB's first line key controls; analyzing, aggregating, and articulating results, issues, and recommendations related to control testing activities; and 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 to work across CNB, including across the business, 2LOD and internal audit.
What will you do?
With the guidance of Manager Control Testing/Reporting, build sustainable processes with appropriate risk mitigation activities.
Consult risk owners on how to design and implement controls to mitigate risks in a process.
Plan, execute, and review Control Assessments (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 enterprise risk management, data governance, third party risk management, model risk management, business continuity, fraud risk management, and related regulations and expectations).
Develop robust testing modules, scripts, and guides, including testing approaches for evaluating key controls and mitigating key risk exposures related to regulatory requirements and CNB policies and standards.
Document control evaluation work papers with high attention to detail and remediate reviewer commentary.
Analyze, aggregate, and articulate results, issues, and value-add opportunities for improvement of Key Controls to CNB Senior Management and stakeholders.
Articulate results, conclusions, and memos of control testing activities to key stakeholders across CNB.
Contribute to the development, implementation, and continuous improvement of tools, templates, and best practices that support control testing and reporting.
Assist with the validation and closure of control issues identified through testing.
Maintain solid working relationships with 1LOD, 2LOD and internal audit.
Support a high-performance environment by fostering an inclusive culture, helping peers, and pursuing personal development goals.
Act as a brand ambassador of the CoE to build relationships across the organization to facilitate communication and 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 related areas, preferably in financial services, public accounting, or with a regulator
Minimum 3 years of experience in the financial services industry
Additional Qualifications
Preferred Certifications: CPA, CIA, CISA, CISSP
Knowledge of FINRA, SEC, MSRB, FRBNY and OCC rules and regulations
Experience operating in a highly matrixed environment
Excellent communication and presentation skills
Demonstrated experience supporting risk projects across multiple business lines
Strong analytical and problem-solving skills
Knowledge of the financial services sector, banking products, 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
Comprehensive healthcare coverage, including Medical, Dental and Vision plans
Generous 401(k) company matching contribution
Career Development through Tuition Reimbursement and other training resources
Valued Time Away benefits including vacation, sick and volunteer time
Specialized health and family planning benefits including fertility support and disease programs
Career Mobility support from a dedicated recruitment team
Colleague Resource Groups for networking and engagement
Get a more detailed look at our Benefits and Perks.
About Us City National Bank was founded in 1954 by entrepreneurs for entrepreneurs. We are a subsidiary of Royal Bank of Canada. To learn more, visit About Us.
Inclusion and Equal Opportunity Employment City National Bank fosters an inclusive environment where all forms of diversity are valued. We are an equal opportunity employer and all qualified applicants will receive consideration without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status, or other protected status. It is unlawful in certain jurisdictions to require lie detector tests as a condition of employment. This job posting remains open until filled.
Job Details
Seniority level: Not Applicable
Employment type: Full-time
Job function: Accounting/Auditing and Finance
Industries: Banking
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Control Testing /Reporting Lead 1LOD
role at
City National Bank .
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: building sustainable processes with appropriate risk mitigation activities; consulting risk owners on how to design and implement controls to mitigate risks in a process; leading analysts to perform control testing that evaluates the design and operating effectiveness of CNB's first line key controls; analyzing, aggregating, and articulating results, issues, and recommendations related to control testing activities; and 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 to work across CNB, including across the business, 2LOD and internal audit.
What will you do?
With the guidance of Manager Control Testing/Reporting, build sustainable processes with appropriate risk mitigation activities.
Consult risk owners on how to design and implement controls to mitigate risks in a process.
Plan, execute, and review Control Assessments (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 enterprise risk management, data governance, third party risk management, model risk management, business continuity, fraud risk management, and related regulations and expectations).
Develop robust testing modules, scripts, and guides, including testing approaches for evaluating key controls and mitigating key risk exposures related to regulatory requirements and CNB policies and standards.
Document control evaluation work papers with high attention to detail and remediate reviewer commentary.
Analyze, aggregate, and articulate results, issues, and value-add opportunities for improvement of Key Controls to CNB Senior Management and stakeholders.
Articulate results, conclusions, and memos of control testing activities to key stakeholders across CNB.
Contribute to the development, implementation, and continuous improvement of tools, templates, and best practices that support control testing and reporting.
Assist with the validation and closure of control issues identified through testing.
Maintain solid working relationships with 1LOD, 2LOD and internal audit.
Support a high-performance environment by fostering an inclusive culture, helping peers, and pursuing personal development goals.
Act as a brand ambassador of the CoE to build relationships across the organization to facilitate communication and 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 related areas, preferably in financial services, public accounting, or with a regulator
Minimum 3 years of experience in the financial services industry
Additional Qualifications
Preferred Certifications: CPA, CIA, CISA, CISSP
Knowledge of FINRA, SEC, MSRB, FRBNY and OCC rules and regulations
Experience operating in a highly matrixed environment
Excellent communication and presentation skills
Demonstrated experience supporting risk projects across multiple business lines
Strong analytical and problem-solving skills
Knowledge of the financial services sector, banking products, 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
Comprehensive healthcare coverage, including Medical, Dental and Vision plans
Generous 401(k) company matching contribution
Career Development through Tuition Reimbursement and other training resources
Valued Time Away benefits including vacation, sick and volunteer time
Specialized health and family planning benefits including fertility support and disease programs
Career Mobility support from a dedicated recruitment team
Colleague Resource Groups for networking and engagement
Get a more detailed look at our Benefits and Perks.
About Us City National Bank was founded in 1954 by entrepreneurs for entrepreneurs. We are a subsidiary of Royal Bank of Canada. To learn more, visit About Us.
Inclusion and Equal Opportunity Employment City National Bank fosters an inclusive environment where all forms of diversity are valued. We are an equal opportunity employer and all qualified applicants will receive consideration without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status, or other protected status. It is unlawful in certain jurisdictions to require lie detector tests as a condition of employment. This job posting remains open until filled.
Job Details
Seniority level: Not Applicable
Employment type: Full-time
Job function: Accounting/Auditing and Finance
Industries: Banking
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