Business Control Officer 1LOD - Consumer - City National Bank
Los Angeles, CA 90071
About the Job
Overview:
*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.
BUSINESS CONTROL OFFICER 1LOD - CONSUMER
WHAT IS THE OPPORTUNITY?
This role serves as the senior-most advisor and partner to the Consumer business on risk and control related activities and topics. The role has a helix-based reporting relationship receiving day-to-direction from the Consumer business and aligned to the Chief Controls Officer who is responsible for objective setting and strategic priorities. This role supports identification of issues and helps to design and implement solutions providing insights based on industry practices and regulatory expectations. This role should offer challenge capability at the leadership table as a constructive and balanced partner to support alignment of business objectives with company risk appetite and applicable established risk limits. Strong candidates have a deep working knowledge of our consumer businesses from an operational, risk and regulatory perspective. Most importantly, knowledge of branch banking, small business banking, consumer deposit and consumer lending products and mortgage.
What you will do
- Effectively advise, help and support Consumer business management with an informed and valuable risk and control perspective
- Work collaboratively with 2nd and 3rd line colleagues across disciplines in support of a strong control environment and an effective risk management practice
- Support the consistent and effective execution of key risk program activities including but not limited to Risk and Control Self Assessments (RCSA’s), Key Risk Indicators (KRI’s), Issue Management and Operational Losses, Strategic Planning Assessment, Fraud Risk Assessments, Reputation Risk Analysis to identify and quantify the risks and their associated controls
- Support the development of strong risk culture, risk conduct, and risk literacy in the first line
- Provide direction to control teams in support of organizational risk management priorities
- Support and facilitate audit and exam activities
- Develop expertise in relevant Royal Bank of Canada (parent) and City National Bank policies and procedures and from time to time, assist in their enhancement
- Support and facilitate first line colleagues in the identification, design and enhancement of preventive and detective controls
- Build and grow risk talent in the organization through coaching, performance management, and training
- Develop and execute an aligned talent strategy that includes strategic hiring to build a high performing team
Must-Have*
- Bachelor's Degree or equivalent
- Minimum 12+ years of experience in a large or mid-tier banking environment
- Minimum 7 years of experience in first line or second line risk and control
Skills and Knowledge
- Deep understanding of relevant laws rules and regulations related to retail branch banking, small business banking, consumer deposit and consumer lending products and mortgage
- Track record of successfully overseeing complex large-scale transformation programs ideally including regulatory remediation programs at peer institutions
- Strong interpersonal, verbal, and written communication skills
- Previous experience in financial services industry and/or risk management
- Project management or change initiative leadership experience
- Demonstrated ability to think critically and facilitate change through collaborative effort.
- Self-motivation, discipline, task focus, the ability to structure and present work and a proven record of delivering high quality results within strict deadlines.
- Ability to multitask and prioritize several concurrent initiatives
- Demonstrated ability to think strategically and apply creative solutions
- Demonstrated ability to interact effectively internally and externally at executive management levels
Compensation
Starting base salary: $195,995 - $364,003 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.'
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 America’s leading diversified financial services companies.
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Source : City National Bank