SENIOR ORGANIZATIONAL BUSINESS CONTROL MANAGER

Overview :

SENIOR ORGANIZATIONAL BUSINESS CONTROL MANAGER

WHAT IS THE OPPORTUNITY?

This position will work directly with the City National Bank's (CNB) Banking and Control Officer (BCO) for Banking and Wealth Management and will assume a pivotal role as a senior advisor and partner to the Risk Framework leadership team.

Responsibilities will encompass issue identification, solution design, and implementation, leveraging industry practices and regulatory insights.

This role is expected to contribute constructively and balance challenges, ensuring alignment of business objectives with CNB's risk appetite and established limits.

WHAT WILL YOU DO?

• Responsible for the development and implementation of new risk programs, strategies and operating models, including implementation of new risk management requirements, in connection with regulatory changes.
• Work independently in analyzing, evaluating, and periodically reviewing current risk management practices across the private banking and wealth management organization, including activities at network affiliates.

Collaborate closely with colleagues across the 2nd and 3rd lines to strengthen the risk and control environment and enhance risk management practices

• Analyze and evaluate data that effects the technical, operational, and business functions and provide insight to the practical impacts / implications to the business line.
• Execute essential risk program functions, including Risk and Control Self Assessments (RCSAs), Key Risk Indicators (KRIs), Issue Management, Operational Losses, and more.

Provide informed and valuable risk and control perspectives to executive management.

• Contribute to the development of a robust risk culture, risk conduct, and risk literacy within the first line of defense, including design and implementation of preventive and detective controls relating to Private Banking and Broker-Dealer / Investment Advisor activities
• Responsible for leading management level reporting on risks and controls programs supporting private banking and wealth activities.
• Act as the business teams liaison for all business line risk management, compliance activities, legal engagement, and internal or external audits.
• Act as a liaison representing Business Control Office at both internal and external meetings; establishing and cultivating strong working relationships with all stakeholders.

Attend meetings with and / or in place of SVP BCO, provide feedback and escalate decision.

Build and sustain effective relationships and alliances both internally and across all lines of business and staff areas to help deliver results and to ensure opportunities are identified, analyzed and managed appropriately.

Understand interdependencies to achieve success.

• Partner with team members to contribute concise communication materials for senior management. Develop presentations for internal and external meeting that are compelling, concise, and graphical to convey message.
• Prioritize organizational risk management objectives.
• Direct special projects at the direction of the Business Controls Officer & Chief Controls Officer as necessary
• Facilitate audit and examination activities.
• Cultivate and grow risk talent within the organization through coaching, mentoring, and occasionally assisting with review of applicable training.

Must-Have*

• Bachelor's Degree or equivalent
• Minimum 10 years managing projects
• Minimum 10 years within or related to financial services

Skills and Knowledge

Deep understanding of relevant laws rules and regulations and operational considerations related to our Private Banking and Wealth business.

Critically these include :

• Consumer deposit products
• Consumer lending products
• Broker Dealer FINRA Regulations
• Investment Advisor Act Rules and Regulations
• 10+ years of experience managing projects
• 10+ years in a role requiring complex problem solving
• Strong interpersonal and influencing skills and ability to interact with colleagues at all levels in a peer-like way, and achieve goals without direct control over resources
• Strong emerging end-to-end generalist problem solving skills, e.g.,
• Defining and deconstructing problems
• Prioritizing issues and analysis
• Structuring and building quantitative and qualitative / conceptual analyses
• Knowledge in Financial Services, Project Management
• Demonstrated ability to Influence change, build relationships, communicate effectively, work under pressure, manage multiple priorities and deliver high caliber results.
• Proficiency with MS Excel and PowerPoint
• Excellent time management, organizational, and prioritization skills and ability to balance multiple priorities.
• Diverse problem solving experience
• An outstanding ability to analyze problems, apply quantitative analytical approaches, communicate effectively and confidently (both oral and written), work well in cross-functional teams
• Quick learning ability, outstanding analytical skills and a structured way of thinking, your attention to details is exceptional
• Operate well under stress, even faced with tight timelines for ambitious deliverables Significant experience in driving operational change with front line to senior leadership personnel
• Excellent relationship and stakeholder management skills
• Be able to handle uncertainty well, and are able to simplify complexity

COMPENSATION

Starting base salary : $157,943 - $293,299 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. Get an inside look at our Benefits and Perks .

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

City National Bank is an equal opportunity employer committed to diversity and inclusion. 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 law.

ABOUT CITY NATIONAL

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 Americas leading diversified financial services companies.