City National Bank
City National Bank proudly offers services, tools and technology that put our people and communities first.
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Manager IT Risk (1LOD-B)

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Employer Provided Salary: 157,943-293,299 Annually
Salary data is provided by the employer. Please note this is not a guarantee of compensation.

MANAGER IT RISK



WHAT IS THE OPPORTUNITY?



This role is responsible for the development and maturing of the 2nd line of defense (2LOD) Cyber and Technology Risk team. This leader is the owner for all Cyber and Technology policies and standards across the bank and is responsible for providing independent oversight and challenge of all risk management activities in these domains ensuring that risks are sufficiently mitigated. The leader will continue to mature the banks 2nd line IT risk management program in line with industry best practice, regulatory requirements and other RBC entities in the US.Manages a team of professionals who oversee all aspects of IT Risk. Risk management emphasis includes: IT governance and strategy, IT operations, information security, change and configuration management, overall enterprise governance, risk and compliance (GRC) management, and regular reporting to the bank's governance committees. Participates in the planning and implementation of information technology controls for all material IT Projects. Provides oversight of the evaluation and selection of applications and systems. Makes recommendations and assists in the implementation of changes to work methods and procedures to make them more effective, or to strengthen controls, or reduce risk. Provides executive management, the Board and RBC with the enterprise risk profile of the bank for aggregate cyber and technology risk.



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.



WHAT WILL YOU DO?



  • Oversee IT risk management practices covering all facets of the IT Risk Framework (including Information Security), provide interpretation and counsel on policies.
  • Responsible for leading the technology risk management program. Provides technical and best practice guidance on Information Technology Risk and Information Technology taking into account specific business platform complexities, and issues.
  • Manage the functions and team of professionals who oversee all aspects of IT Risk.
  • Provides input into the setting of risk appetite based on platform specific differences and specific business considerations.
  • Develops and reports the quarterly enterprise cyber and technology risk profile.
  • Reviews security and control processes along with associated documentation, and reporting.
  • Reviews key audit, regulatory and client due diligence to develop and communicate risk themes, and solutions to the business.
  • Establish effective monitoring practices to ensure adherence to the IT risk management framework and policy, and assist business in the identification of issues.
  • Advise and collaborate with IT and the business on appropriate ways to strengthen controls in non-compliant areas.
  • Advise and assist first line of defense in IT Risk mitigation planning activities.
  • Provide ongoing IT Risk Management governance and direction for the technology production environment.
  • Manage, develop, and play a leadership role for the staff. Develop a high-performing team. Manage the personnel processes for employees, including selection, training, performance management, development, and retention. Fosters an environment where colleagues are empowered and have the opportunity to develop and grow.
  • Engage with domain leads for Information Technology, Information Security, Disaster Recovery & Business Continuity, Infrastructure, Data Quality, Performance & Scalability, and Change Management & Development Practices to obtain technical domain advice as appropriate.
  • Work effectively with the bank’s senior executives, RBC’s IHC and GRM executives.
  • Develop and maintain key business relationships in order to provide advice and oversight on new initiatives.
  • Provides regular reporting of Information Technology risk as required by MRC, RCoB, RBC’s IHC and the CUSO governance committees.



WHAT DO YOU NEED TO SUCCEED


Must-Have*

  • Bachelor's Degree in computer science, risk management, or IT required.
  • Minimum 10 years in Technology Risk roles in Banking or Financial Services.
  • Minimum 7 years in a Managerial/Supervisory role.


Skills and Knowledge

  • Graduate degree in business or related discipline and / or MBA, CIA, or other professional related qualification.
  • Extensive knowledge of and experience in Information Technology Governance, Risk, and Compliance.
  • Solid understanding of City National Bank and RBC’s USA region, including a breadth of business content experience across the platform and region.
  • Strong leadership skills.
  • Strategic mindset, with excellent knowledge and understanding of the financial industry.
  • Highly developed ability for conceptual thinking.
  • Excellent communication and presentation skills.
  • Well-developed impact and influence skills.
  • Proven track record of building strong relationships across business functions.
  • Extensive knowledge and experience in regulatory guidance, most importantly for the OCC and FFIEC guidelines.
  • Strong presentation skills involving large and of varying IT background audiences; ability to adjust message and filter details based on audience.
  • Demonstrated ability to interact effectively, internally and externally, with the most senior representatives of organizations, regulators and vendors.
  • Strong Microsoft Excel, PowerPoint, and report writing skills, including the ability to evaluate the usefulness of data and use it in meaningful communication.

Compensation

Starting base salary: $157,943 - $293,299 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.



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. Get an inside look at our Benefits and Perks.



INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
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.



ABOUT CITY NATIONAL



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.


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What are City National Bank Perks + Benefits

City National Bank Benefits Overview

We strive to be the best at whatever we do, and that includes the benefits and perks we offer our colleagues.

We understand that colleagues have different needs. As a result, we look to offer a holistic program to support and address physical, emotional, financial and social needs.

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
OKR operational model
Team based strategic planning
Open office floor plan
Employee resource groups
Remote work program
Diversity
Mandated unconscious bias training
Diversity employee resource groups
Our 11 Colleague Resource Groups (CRGs) help colleagues deepen their relationships and knowledge at work, encouraging more people to connect, learn and celebrate with each other.
Hiring practices that promote diversity
Health Insurance + Wellness
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Coverage generally begins on the first day of the month following employment, and colleagues are able to cover spouses, domestic partners and/or dependent children.
Life insurance
Wellness programs
Mental health benefits
Abortion travel benefits
Financial & Retirement
401(K)
401(K) matching
Pretax and Roth 401(k) - the company matches 75% of the first six percent of eligible pay a colleague contributes each pay period. Match dollars are immediately vested.
Performance bonus
Some positions may be eligible for bonus and/or commissions
Child Care & Parental Leave
Generous parental leave
Family medical leave
Adoption Assistance
Fertility benefits
Vacation + Time Off
Paid volunteer time
Paid holidays
Paid sick days
Floating holidays
Bereavement leave benefits
Office Perks
Commuter benefits
Mother's room
Professional Development
Job training & conferences
Tuition reimbursement
Lunch and learns
Promote from within
Mentorship program
Continuing education available during work hours

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