RISK ANALYST RLD
WHAT IS THE OPPORTUNITY
This role will primarily be responsible for the execution of the first line of defense Risk Program including the enhancement of internal controls and in performing internal controls monitoring and testing. In addition will support the coordination preparation of documents and responses for compliance testing internal and external audits and regulatory examinations and will assist in the maintenance policies and procedures overall.
WHAT WILL YOU DO
Support the identification of opportunities for improvement through the internal control monitoring and testing function and work with team managers to enhance processes in order to mitigate key risks. Monitor all open issues until satisfactorily resolved. Escalate status as warranted. Conduct formal follow-up to determine the adequacy and effectiveness of actions taken. Prepare reports of results for senior management. Support state federal and agency examinations including to manage the compilation of necessary documents writing of required narratives and establishment of documented policies and procedures. Assist with performing qualitative review of information provided in response to examinations to ensure responses are consistent and accurate. Perform ad hoc operational risk-related projects as directed.
WHAT DO YOU NEED TO SUCCEED
Required Qualifications
H.S. Diploma
Minimum of 3 years experience in audit regulatory examination compliance testing or similar capacity
Minimum of 3 years experience within the banking and financial sector with a focus on Federal and State laws regulations and supervisory guidance risk management or a combination of these disciplines within support functions such as Risk Management Compliance Governance Programs Human Resources Finance Legal etc.
Additional Qualifications
Prefer a minimum of 1 years of experience working with commercial banking or residential lending products Strong presentation and written communications skills ability to interact with and influence senior executive management across the organization in order to achieve best practices and optimal business outcomes Corporate Compliance Risk Management Regulatory or Compliance Audit experience with a regulated financial institution Exposure to commercial banking products is preferred if working with SBC CLO products Demonstrated ability to develop and maintain cooperative collaborative and productive business partnerships Excellent oral written and interpersonal communication skills with the ability to provide clear guidance understand procedures interpret regulations. Self-directed individual with a strong ability to work independently Excellent problem solving time management and organizational skills
WHATS IN IT FOR YOU
Compensation
Starting base salary 34.55 - 55.19 per hour. Exact compensation may vary based on skills experience and location. This job is eligible for bonus andor commissions.
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 including
Comprehensive healthcare coverage including Medical Dental and Vision plans available the first of the month following start date
Generous 401k company matching contribution
Career Development through Tuition Reimbursement and other internal upskilling and training resources
Valued Time Away benefits including vacation sick and volunteer time
Specialized health and family planning benefits including fertility benefits and cancer diabetes and musculoskeletal support programs
Career Mobility support from a dedicated recruitment team
Colleague Resource Groups to support networking and community engagement Get a more detailed look at our Benefits and Perks.
ABOUT US
Since day one weve always gone further than the competition to help our clients colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada one of North Americas leading diversified financial services companies. To learn more about City National and our dynamic company culture visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race color religion sexual orientation gender identity national origin disability veteran status or other basis protected by law.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Represents basic qualifications for the position. To be considered for this position you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis until filled.
Unless otherwise indicated as fully remote reporting into a designated City National location is an essential function of the job.