Sr. Audit Manager

Job Description What is the opportunity? Develop and execute a risk-based audit plan for US Model Risk Management Through in-depth understanding of the business including changes to the US regulatory and business environments, develop and maintain standard audit programs to provide assurance over design and operating effectiveness of Model Risk Management controls related to business processes. Lead and execute audits covering model risk management, quantitative models, AI, and model governance across the US. Evaluate the effectiveness of governance, risk management, and internal controls supporting models used for regulatory capital, CCAR, IFRS 9/CECL, market risk, credit risk, liquidity risk, ALM, operational risk, fraud, AML, stress testing and AI/ML purposes. Provide input on the assessment of the effectiveness of model development and model validation activities; including quality of supporting documentation, modelling methodologies, margins of conservatism, parameter choices, testing and the wide range of other modelling decisions that are made. Contribute to effective continuous risk monitoring and continuous assurance on overall Model Risk Management controls. Continually develop working relationship with business stakeholders to become a trusted advisor. Evidence of having validated and/or developed any of the following model types: AML, Market Risk, Credit Risk, Data Science AI/ML, Capital Risk, Treasury (Interest rate risk and/or liquidity risk), Valuation, Insurance, Stress Testing. Risk Management or Regulatory/Compliance experience – Experience in any one of AML, CCR & Market Risk, Credit Risk, Stress Testing, Valuation and Liquidity & Funding Risk. In either 1st or 2nd line of defense. Knowledge of legislation and regulations relating to model risk management in Canada, USA and UK. Ability to work to meet regulatory deadlines and communicate effectively with the key stakeholders. Self-motivated - able to work and learn independently, communicate and collaborate effectively with others at all levels in the organization. Working knowledge in machine learning techniques, programming in Python, R. Working knowledge of Internal Audit Services practices, policies, procedures and systems with Internal Audit experience in Banking or Capital Market. Quantitative Degree in Finance/Mathematics/Physics/etc. A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissionsand stock where applicable. Work with and learn from our extensive global network of people, including risk management professionals, data scientists, researchers, and various subject matter experts. Leaders who support your development through coaching and managing opportunities. Opportunities to do challenging work. LIPost Job Skills Adaptability, Auditing, Commercial Acumen, Communication, Detail-Oriented, Internal Controls, Interpersonal Relationship Management, Long Term Planning, Results-Oriented Additional Job Details Address:

20 KING ST W:TORONTO

City: Toronto Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform:

INTERNAL AUDIT

Job Type: Regular Pay Type: Salaried Posted Date: 2026-07-14 Application Deadline: 2026-10-30 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Our Employment Opportunities At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.