Internal Controls Officer

3 days ago


Newark, Delaware, United States City National Bank Full time
Job Title: Internal Controls Officer

City National Bank is seeking a highly skilled Internal Controls Officer to join our Operational Risk Management team. As an Internal Controls Officer, you will play a critical role in ensuring the effective management of operational risks and maintaining a sound framework of internal controls.

Key Responsibilities:

  • Perform testing of moderate to complex components of assigned engagements within multiple segments of the Internal Controls Annual Plan.
  • Review and challenge self-assurance activities conducted by the front line to ensure compliance with Internal Controls Management Policy (ICMP) and Standard.
  • Create narratives and flow charts from walkthroughs with first line staff and management in all divisions, confirming key controls.
  • Assess controls for design and operating effectiveness in accordance with ICMP and Standard.
  • Drive and execute data analytics for assigned audits to ensure efficient execution.
  • Provide timely and quality work that is clearly documented and ready for review.
  • Exercise independent judgment in identifying issues and assessing risk.
  • Develop and maintain strong business relationships with first and second line teams across the enterprise.
  • Ensure coverage approaches and testing are risk-based and executed in accordance with Internal Control testing procedures and guidance.
  • Articulate control deficiencies clearly and concisely to management.

Requirements:

  • Bachelor's Degree or equivalent.
  • Minimum 3 years of Internal Audit, public accounting, compliance, risk management or control testing experience.
  • Minimum 2 years experience in financial services.

Skills and Knowledge:

  • Bachelors degree or higher and other professional qualifications such as a CPA, CA, etc.
  • Understanding of risks within financial services and related risk management processes.
  • Knowledge of internal control identification and documentation, walkthroughs, testing, and reporting required.
  • Ability to communicate effectively verbally and written.
  • Analytical and problem solving skills as well as the ability to work independently.
  • Strong organizational skills, including effective time management and project management required.
  • Technology and computer skills, with the ability to effectively use Microsoft Office (Word, Excel, Outlook, PowerPoint).

Compensation:

Starting base salary: $92,114 - $156,880 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

About City National Bank:

We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.



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