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Internal Controls Officer

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Job ID RISK-15929 City Los Angeles State California Additional Location Remote Exempt/Non Exempt Exempt Shift Day Work Schedule M-F, 8-5
Job Details:


Operational Risk Management (ORM) is responsible for providing independent and objective oversight of the management of risks arising from City National Bank's business processes, people, systems or external events. The Internal Controls team within ORM is responsible for providing governance and oversight to ensure CNB proactively manages its operational risks with a sound framework of internal controls. This includes oversight and independent challenge over the first line of defense Internal Controls Testing Framework, developing a common methodology and standards, executing independent testing of key operational controls, and conducting horizontal and targeted reviews, and issue management. The Officer level is responsible for review and challenge self-assurance activities conducted by the front line to ensure compliance with Internal Controls Management Policy (ICMP) and Standard through ongoing assessment, monitoring, reporting and testing activities, including providing review and challenge to the outcomes of evidence-based control evaluation performed by the Control Testing Center of Excellence (CT COE).

Risk Management Division
This is a great opportunity to grow your career with a stable and expanding organization as a member of City National's Risk Management team. The focus is on ensuring business activities remain safe, compliant and well-positioned for future opportunity and sustainable growth.


  • Responsible for performing testing of moderate to complex components of assigned engagements within multiple segments of the Internal Controls Annual Plan
  • Performs review and challenge of self-assurance activities conducted by the front line to ensure compliance with ICMP and Standard
  • Creates narratives and flow charts from walkthroughs with first line staff and management in all divisions, confirming key controls
  • Assesses controls for design and operating effectiveness in accordance with ICMP and Standard
  • Drives and executes data analytics for assigned audits to ensure efficient execution
  • Provides timely and quality work that is clearly documented and ready for review
  • Exercises independent judgment in identifying issues and assessing risk
  • Develops and maintains strong business relationships with first and second line teams across the enterprise
  • Ensures coverage approaches and testing are risk-based and executed in accordance with Internal Control testing procedures and guidance
  • Articulates control deficiencies clearly and concisely to management
  • Maintain authoritative knowledge and understanding of laws and regulations, regulatory guidance, policy, and procedures for operational functions covered/tested
  • Assist risk management control testing team with departmental initiatives and other duties as assigned.



  • Bachelor's Degree in Accounting, Finance or Business Administration
  • Minimum 3 years of Internal Audit, public accounting, compliance, risk management or control testing experience
  • Minimum 2 years experience in financial services

Skills and Knowledge

  • Bachelor’s degree or higher and other professional qualifications such as a CPA, CA, etc.
  • Understanding of risks within financial services and related risk management processes
  • Knowledge of internal control identification and documentation, walkthroughs, testing, and reporting required
  • Ability to communicate effectively verbally and written
  • Analytical and problem solving skills as well as the ability to work independently
  • Strong organizational skills, including effective time management and project management required,
  • Technology and computer skills, with the ability to effectively use Microsoft Office (Word, Excel, Outlook, PowerPoint)
  • Actively contributes ideas, suggestions, and constructive comments in meetings and discussions
  • Adapts quickly to change and makes suggestions for increasing the effectiveness of change
Starting base salary: $108,305 - $140,688 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.

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.


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.

Positions based in New York City: In order to work on-site at City National Bank in New York City, you must be fully vaccinated against COVID-19, per city requirements. Shortly after your start date, you will be required to attest to your vaccination status and will be required to provide proof of vaccination.

Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled
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