US Head of Testing

Full Time
Jersey City, NJ 07302
Posted
Job description

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

US Head of Testing

Job Description

  • PRINCIPAL RESPONSIBILITIES

    Testing

  • Developing and maintaining the U.S. Testing Procedures, setting forth a consistent industry-standard and FRB NY (SR08-8) expected Compliance testing methodology
  • Coordinating testing schedules with internal stakeholders, including Internal Audit
  • Identifying, escalating, and tracking issues identified by testing
  • Developing and reporting Test Plan governance, including progress to plan reporting and change management
  • Responsible for escalating high risk issues found to senior management
  • Responsible for the oversight of issue entry into the issue management system and oversight that corrective action has been taken and issues satisfactorily remediated
  • Team Administration

  • Hiring, managing, and training staff
  • Managing the annual performance review process (goal development, periodic reviews, final annal assessments and discussions)
  • Providing inputs during the annual compensation process

Job Summary

Responsible for managing and maintaining a critical program element of the U.S. Regulatory Compliance Management framework, the centralized Compliance independent testing for CUSO/IHC; Oversees and leads a team of over 15 - 20 testing professionals; Collaborates with stakeholders to find efficiencies and enhance program and output quality; reporting directly to the Head of Compliance Assurance, the Head of Testing provides assurance to the Head of the Compliance Practices Group and the U.S. CCO that 1LOD and 2LOD key Compliance controls are appropriately identified and operating effectively to mitigate Compliance risk across CUSO/IHC; Responsible for developing risk-based Annual Compliance Testing Plan, collaboratively with relevant Compliance personnel. Responsible for aligning risk-based frequency of testing activities with Enterprise standards. Responsible for meeting FINRA, SEC, CFPB, OCC and FRB NY requirements for testing. Responsible for coordinating with the Head of Compliance Monitoring to manage the Compliance Assurance Coverage Model.

Address:

Jersey City, New Jersey, United States of America

City:

USA-NJ-JERSEY CITY

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

Group Risk Management

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2023-04-20

Application Deadline:

2023-04-21

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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