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Company: City National Bank
Location: Los Angeles, CA
Career Level: Entry Level
Industries: Banking, Insurance, Financial Services

Description

BUSINESS CONTROLS OFFICER 1LOD - COMMERCIAL WHAT IS THE OPPORTUNITY? This role serves as the senior-most advisor and partner to the Commerical business on risk and control related activities and topics. The role has a helix-based reporting relationship receiving day-to-direction from the President of Commercial 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. WHAT WILL YOU DO?

  • Effectively advise, help and support Commerical 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
WHAT DO YOU NEED TO SUCCEED? Required Qualifications*
  • 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
Additional Qualifications
  • Broad understanding of business practices related to commerical real estate, middle market and specialty banking, capital markets and treasury management.
  • Broad understanding of relevant laws rules and regulations related to commerical real estate, middle market and specialty banking, capital markets and treasury management.
  • 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

WHAT'S IN IT FOR YOU? 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.
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 401(k) 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 we've 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 America's 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. #LI-MA #CA-MA


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