City National Bank
Audit Manager II -Operational Risk Management
City National Bank, Los Angeles, California, United States, 90079
Overview
AUDIT MANAGER II-OPERATIONAL RISK MANAGEMENT What is the opportunity? The Audit Manager II position is a leadership role as an auditor-in-charge to guide a team of auditors to assess risks, develop detailed audit programs, identify data analytic opportunities, execute audit programs, analyze results of testing performed, and effectively communicate audit results to the Audit Senior Manager/Director and senior management in meetings, presentations, and/or written reports and memorandums. The position will support City National Bank's Internal Audit in providing independent, objective assurance over the design and operating effectiveness of the Bank's risk management practices, governance processes, system of internal controls for the Risk Management platform: Enterprise Risk, Model Risk, Operational Risk, Data Office, Market Risk, and Third Party Risk. Additionally, the position is responsible for maintaining and executing continuous monitoring program in accordance with audit methodology and taking into consideration industry development, emerging risks, and regulatory changes and expectations.
What will you do?
Audit and Assurance General Requirements: Plan, execute and evaluate audit test plans for projects of medium to high complexity with a risk-based audit approach. Assess risks and controls, design comprehensive audit programs, execute audit procedures, supervise and review the work of others, analyze and synthesize results of testing performed, effectively communicate results to senior management, and deliver well written audit reports and other forms of communication.
Manage staff assigned to engagements and collaborate with other audit groups to effectively plan, integrate and execute audits. Understand risk management functions and risks including enterprise risk management, data governance, third party risk management, model risk management, business continuity, fraud risk management, and related regulations and expectations. Lead and execute continuous monitoring activities for the area assigned.
Gathers and evaluates information from business units and external/regulatory sources. Ability to multi-task in a dynamically changing environment. Comply with Bank policies, procedures, audit methodologies, training and regulatory requirements.
Data Analytics and Technology: Discover patterns, insights, trends and anomalies from analyses and visualization tools. Execute basic analyses and create simple visualizations using standard tools. Develop requests for advanced analytics and apply analytical techniques to test hypotheses and enhance audit findings. Understand data lineage and data stewardship to develop effective analytics.
Relationship Building and Client Experience: Support the Audit Director in ongoing monitoring and discussions with business management. Build trusting relationships with Internal Audit peers and business management. Act as the key contact during the audit process and advise stakeholders on internal control and governance matters.
Staff Performance and Mentoring: Serve as a role model/mentor to junior auditors, provide feedback, maintain staff morale, and participate in interviews and evaluations of new applicants. May participate in training for less experienced staff.
What do you need to succeed? Required Qualifications
Bachelor's Degree or equivalent
Minimum 5 years of audit or related experience in banking operations, compliance, and/or risk management activities
Minimum 3 years of experience conducting internal audits within financial institutions
CPA - Certified Public Accountant
CIA - Certified Internal Auditor
CAMS - Certified Anti-Money Laundering Specialist
CFE - Certified Fraud Examiner
Additional Qualifications
Strong verbal and written communication skills to effectively present to peers and business management
Demonstrated negotiation and leadership skills to convey ideas and obtain management buy-in for constructive change
Ability to manage ambiguity, work independently, think innovatively and demonstrate critical problem-solving skills
Strong understanding of internal auditing standards, COSO and risk assessment practices
Strong understanding of internal control concepts and their application
General working knowledge of banking industry laws and regulations
Experience planning and juggling multiple projects with varying team members
Experience coaching junior auditors
Sound knowledge and experience in IT audit is strongly preferred
Familiar with data analytics, robotic process automation and artificial intelligence tools
Experience in data visualization and reporting (e.g., Tableau and/or Alteryx) is a plus
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
Comprehensive healthcare coverage, including Medical, Dental and Vision plans
Generous 401(k) company matching contribution
Career development through Tuition Reimbursement and other internal upskilling resources
Paid time away benefits including vacation, sick and volunteer time
Specialized health and family planning benefits including fertility benefits and disease-specific support programs
Career mobility support from a dedicated recruitment team
Colleague Resource Groups for networking and community engagement
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, visit the About Us page.
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. An employer who violates this law shall be subject to penalties.
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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AUDIT MANAGER II-OPERATIONAL RISK MANAGEMENT What is the opportunity? The Audit Manager II position is a leadership role as an auditor-in-charge to guide a team of auditors to assess risks, develop detailed audit programs, identify data analytic opportunities, execute audit programs, analyze results of testing performed, and effectively communicate audit results to the Audit Senior Manager/Director and senior management in meetings, presentations, and/or written reports and memorandums. The position will support City National Bank's Internal Audit in providing independent, objective assurance over the design and operating effectiveness of the Bank's risk management practices, governance processes, system of internal controls for the Risk Management platform: Enterprise Risk, Model Risk, Operational Risk, Data Office, Market Risk, and Third Party Risk. Additionally, the position is responsible for maintaining and executing continuous monitoring program in accordance with audit methodology and taking into consideration industry development, emerging risks, and regulatory changes and expectations.
What will you do?
Audit and Assurance General Requirements: Plan, execute and evaluate audit test plans for projects of medium to high complexity with a risk-based audit approach. Assess risks and controls, design comprehensive audit programs, execute audit procedures, supervise and review the work of others, analyze and synthesize results of testing performed, effectively communicate results to senior management, and deliver well written audit reports and other forms of communication.
Manage staff assigned to engagements and collaborate with other audit groups to effectively plan, integrate and execute audits. Understand risk management functions and risks including enterprise risk management, data governance, third party risk management, model risk management, business continuity, fraud risk management, and related regulations and expectations. Lead and execute continuous monitoring activities for the area assigned.
Gathers and evaluates information from business units and external/regulatory sources. Ability to multi-task in a dynamically changing environment. Comply with Bank policies, procedures, audit methodologies, training and regulatory requirements.
Data Analytics and Technology: Discover patterns, insights, trends and anomalies from analyses and visualization tools. Execute basic analyses and create simple visualizations using standard tools. Develop requests for advanced analytics and apply analytical techniques to test hypotheses and enhance audit findings. Understand data lineage and data stewardship to develop effective analytics.
Relationship Building and Client Experience: Support the Audit Director in ongoing monitoring and discussions with business management. Build trusting relationships with Internal Audit peers and business management. Act as the key contact during the audit process and advise stakeholders on internal control and governance matters.
Staff Performance and Mentoring: Serve as a role model/mentor to junior auditors, provide feedback, maintain staff morale, and participate in interviews and evaluations of new applicants. May participate in training for less experienced staff.
What do you need to succeed? Required Qualifications
Bachelor's Degree or equivalent
Minimum 5 years of audit or related experience in banking operations, compliance, and/or risk management activities
Minimum 3 years of experience conducting internal audits within financial institutions
CPA - Certified Public Accountant
CIA - Certified Internal Auditor
CAMS - Certified Anti-Money Laundering Specialist
CFE - Certified Fraud Examiner
Additional Qualifications
Strong verbal and written communication skills to effectively present to peers and business management
Demonstrated negotiation and leadership skills to convey ideas and obtain management buy-in for constructive change
Ability to manage ambiguity, work independently, think innovatively and demonstrate critical problem-solving skills
Strong understanding of internal auditing standards, COSO and risk assessment practices
Strong understanding of internal control concepts and their application
General working knowledge of banking industry laws and regulations
Experience planning and juggling multiple projects with varying team members
Experience coaching junior auditors
Sound knowledge and experience in IT audit is strongly preferred
Familiar with data analytics, robotic process automation and artificial intelligence tools
Experience in data visualization and reporting (e.g., Tableau and/or Alteryx) is a plus
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
Comprehensive healthcare coverage, including Medical, Dental and Vision plans
Generous 401(k) company matching contribution
Career development through Tuition Reimbursement and other internal upskilling resources
Paid time away benefits including vacation, sick and volunteer time
Specialized health and family planning benefits including fertility benefits and disease-specific support programs
Career mobility support from a dedicated recruitment team
Colleague Resource Groups for networking and community engagement
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, visit the About Us page.
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. An employer who violates this law shall be subject to penalties.
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr