Job DescriptionJob DescriptionWhat is the opportunity?As Director, Internal Audit - Global Credit (Retail), you will lead a team and assess the effectiveness of internal controls, governance and credit risk management practices across first and second line of defense for Retail Credit portfolios globally within RBC. You will work with key partners across Internal Audit in Canada (Personal Banking, Operations, IT, Model, GRM Audit), the Caribbean, US RBC Bank and CNB as well as US Credit Risk Review to deliver on this mandate and act as a trusted advisor to the business while remaining objective and independent as the Third Line of Defense.
What will you do?- Oversee all aspects of an audit including planning, execution and reporting:
- Provide oversight of Audit Lead and a team of multi-disciplinary auditors assigned to the engagement for sufficient scope, accuracy and alignment with Internal Audit methodology.
- Ensure adequate coverage of key risk areas to support an overall opinion on internal controls and risk management practices to Senior Management.
- Ensure the breadth and scope of audit documentation including audit issues are complete, accurate with the sufficiency and appropriateness of the evidence obtained to support the conclusion.
- Support management in developing robust action plans to address deficiencies and ensure corrective actions are implemented in a timely manner to effectively address the issues.
- Contribute to the annual audit planning and risk assessment processes and ensure adequate coverage of key risk areas. Also identify opportunities for Internal Audit to provide assurance or advisory services consistent with its role to evaluate and improve risk management, control, and governance processes.
- Act as Global Retail Credit COE to provide credit support and liaison regional coverage such as Caribbean and US RBC Bank, work with US Credit Risk Review (CRR) team to ensure comprehensive coverage and drive efficiency.
- As a strategic thinker, develop new assurance strategies and data-driven approaches to
produce risk and control insights for business partners, and increase Internal Audit's
efficiency and effectiveness.
- Keep abreast of organizational, regulatory, product, strategic and financial changes and/or
trends through continuous monitoring and assessing their impact on assigned business units.
- Lead, coach and further develop a team of internal audit professionals. Contribute to creating and maintaining a positive, collaborative, transparent and productive
working environment within the team.
- Develop and maintain authentic, positive and productive working relationships with senior
leadership within the Bank.
What do you need to succeed?Must-have
- 10+ years of experience in retail credit risk management, knowledge of risk management regulation framework. In-depth knowledge of Retail Banking: credit products, risk management lifecycle, operations, and the first, second and third-line model of defense.
- Global mindset, strong leadership presence and people management skills, with excellent communication skills.
- Excellent knowledge of Credit Risk Management: risk management processes i.e. governance, risk assessment, retail risk management life cycle, credit portfolio management, IFRS9 provisioning.
- Demonstrated expertise and deep knowledge of internal audit including risk-based audit plan development, proven ability to identify risks and assess the effectiveness of internal controls, engagement management, report and issue writing, managing executive level client meetings and relationships.
- Strong client relationship management project and audit engagement management capabilities
- Data analytics and AI skills/mindset to drive insights
Nice-to-have
- Graduate Degree in Business/Finance, Professional Accounting or Audit certification (e.g. MBA, CPA, CFA, FRM, CIA).
- Audit experience in a leadership role
Job Skills
- Adaptability, Auditing, Detail-Oriented, Internal Controls, Interpersonal Relationship Management, Long Term Planning, Multi-Level Communication, Organizational Savvy and Politics, Results-Oriented
What's in it for you?We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
- A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
Job SkillsAdaptability, Auditing, Detail-Oriented, Internal Controls, Interpersonal Relationship Management, Long Term Planning, Multi-Level Communication, Organizational Savvy and Politics, Results-Oriented
Additional Job DetailsAddress: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:2026-08-04
Application Deadline:2026-09-17
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
