Manager Control Testing/Reporting 2LOD

MANAGER CONTROL TESTING/REPORTING 2LOD WHAT IS THE OPPORTUNITY? The Control Testing/Reporting Manager 2LOD Credit Risk role is responsible for (i) building sustainable processes with appropriate risk mitigation activities; (ii) consulting risk owners on how to design and implement controls to mitigate the risks in a process; (iii) performing control testing to evaluate the design and operating effectiveness of controls owned by 2LOD Credit Risk; (iv) supports the development of methodologies and processes to ensure effective controls management aligned with industry best practices and regulatory expectations; (v) analyzing, aggregating, and articulating the results/issues/recommendations related to control testing activities; and (vi) championing a thorough understanding of enterprise and bank-wide control management and testing policies, control testing methodologies, and related regulatory and compliance standards; and (vii) assisting with the validation and closure of control issues as identified through testing

This dynamic position provides opportunities for working across CNB, including across 1LOD, 2LOD, Internal Audit, and Credit Risk Review

What you will do Responsible for building sustainable processes with appropriate risk mitigation activities Consulting risk owners within the department on how to design and implement controls to mitigate the risks in a process Responsible for performing Control Assessments (i.e

Testing) that evaluate the design and operating effectiveness of key and non-key controls owned by 2LOD Credit Risk Champion a thorough understanding of enterprise and bank-wide control management and testing policies, control testing methodologies, and related regulatory and compliance standards, including but not limited to credit risk, operations risk, enterprise risk management, data governance, and associated regulations, guidance, and regulatory expectations Support development of control testing methodologies and processes Develop robust and scalable testing modules, scripts, and other guides including testing approach and scoping/sampling for evaluating the effectiveness of key and non-key controls owned by 2LOD Credit Risk to mitigate key risk exposures related to regulatory requirements and CNB risk policies and standards Conduct reviews of testing work papers and results to provide constructive feedback to more junior members of the team Exhibit high attention to detail and strategic thinking in analyzing, aggregating, and articulating the results/issues of testing activities and value-add opportunities for improvement of controls to department senior management and other stakeholders Support the development of strategies and methodologies to ensure effective controls management aligned with industry best practices and regulatory expectations Contribute to the articulation of results/conclusions/memos of control testing activities and communicate to key stakeholders across the department and other stakeholders Enable development, implementation, and continuous improvement of technology, tools, and templates that support control testing and reporting activities Create and memorialize detailed control testing documentation and review commentary Assist with the validation and closure of control issues as identified through testing Maintain solid working relationships with business partners in 1LOD, 2LOD, Internal Audit, and Credit Risk Review Supports a high-performance environment by fostering an inclusive work environment, mentoring/coaching more junior team members, and enabling opportunities for them achieve development goals Acts as brand ambassador of 2LOD Credit Risk by developing solid working relationships across the organization as to facilitate communication and strategic partnerships Contribute to ad-hoc assignments and special projects Must-Have* Bachelor's Degree or equivalent Minimum 7 years of experience in controls testing, internal audit, quality control roles, or other complimentary capacities, preferably within the financial services industry, a public accounting firm, or with a financial institutions regulator Minimum 5 years of experience in the financial services industry Minimum 3 years of experience supervising staff Skills and Knowledge Knowledge of FINRA, SEC, MSRB, FRBNY and OCC rules and regulations Experience with operating in a highly matrixed environment Excellent communication and presentations skills Demonstrated experience supporting and/or leading risk projects across multiple business lines offering a wide variety of financial services products and services Excellent analytical and complex problem-solving skills Knowledge of the financial services sector, particularly with the competitive dynamics and products in banking and risk management Strong project management skills Masters' degree in business, accounting or related field is preferred Preferred Certifications: CPA - Certified Public Accountant, CIA - Certified Internal Auditor, CISA - Certified Information Systems Auditor, and CISSP - Certified Information Systems Security Professional 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

*To be considered for this position you must meet at least these basic qualifications The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification

It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job

Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues

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ABOUT CITY NATIONAL City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024

Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C

and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets

City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves

*City National Bank does business in Miami and the state of Florida as CN Bank

For more information about City National, visit cnb.com

EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouraged

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 any other basis protected by the laws or regulations in the locations where we operate or in our Code of Conduct

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