Director, Enterprise Control Testing

Job Description

Job Description What is the Opportunity? ECT, aligned under Enterprise Chief Controls Office (ECCO) structure, is a centralized group responsible to execute control testing in accordance with RBC’s Internal Control Management Policy (ICMP), leveraging consistent set of practices and Standard. This role will be responsible for the strategic direction & execution of ECTs control evaluation programs across the Enterprise. The incumbent will act as a subject matter expert to advise stakeholder on the establishment of the effective control environment. The role will partner with Operational Risk colleagues to incorporate control evaluation activities into the broader Operational Risk management program and to drive RBC’s overall maturity in its control environment. The incumbent will also be responsible for leading controls testing staff located across various locations globally. What will you do? Establish and maintain control management & control evaluation (design and operating effectiveness) center of expertise operating model in partnership with Canada, US, Caribbean, Malaysia and Global staff. Act as a key contributor to the Bank’s overall internal control strategy. Lead the team in executing robust internal control tests in adherence with RBC’s standards and practices. Consult stakeholders on the establishment of robust controls, in partnership with Operational Risk colleagues. The incumbent works closely with and reports to Senior Director, Head of ECT Operations. The incumbent is expected to be a key liaison between ECT and Platform stakeholders throughout the control evaluation lifecycle and reporting. Platform Head role with ECT and oversee control testing program execution: Actively develop and build staff skills and competencies as well as identify training needs of the staff. Day-to-day management of team including management of book of work and delivery of same, budgets, hiring, resource planning, distribution of assignments, conflict resolution. Participate in performance management of staff and provide feedback to staff. Develop and implement action plans in response to employee feedback and engagement surveys. Oversee control evaluation activities that evaluate the design and operating effectiveness of key controls. Oversee development of robust and scalable testing modules, scripts, and other guides including testing approach and scoping/sampling for evaluating the effectiveness of Key Controls to mitigate key risk exposures related to regulatory requirements and RBC risk policies and standards. Lead in the efforts to define, implement, and continuously improve operating model for control evaluation activities for Enterprise Control Testing which meets local regulatory expectations and Enterprise standards. Acts as brand ambassador of the Enterprise Control Testing and maintain collaborative relationships with control evaluation stakeholders in different Platforms. Promote understanding of operational risk management within all part

Required Skills