Manager, Insurance Internal Controls

What is the opportunity?

RBC Wealth Management Financial Services Inc. is a wholly owned insurance agency of RBC Dominion Securities. This national distribution support organization can help to deliver independent advice, knowledge, and solutions to address the multiple or complex needs of affluent clients.

Product offerings from Canada's leading life insurance companies include life & living benefits insurance along with money products such as annuities and segregated funds, on an individual basis, to meet both personal and / or corporate needs.

Our team of professional and accredited Estate Planning Specialists (EPSs) along with our Associate Estate Planning Specialists (AEPS) and Estate Planning Associates / Assistants (EPAs) supporting their efforts, are located nationally across Canada. They work with the client-facing professionals in Canadian Wealth Management (RBC DS Investment Advisor sales force, RBC PH&N Investment Counsellors and indirectly with RBC Private Bankers) to strategically position "insurance solutions for Canadian investors" based on needs related to the creation, preservation and / or transfer of wealth.

As Manager, Internal Controls you will assist with the maintenance and updating of the Internal Controls Guidance for WMFS. Implement & oversee quality management system and procedures in all processes to ensure adherence to quality standards. Plan and oversee internal controls audits.

What will you do?

• Write, maintain, and update the Internal Controls Policies and maintain the Internal Controls site on WMFS Connect and DSnet webpage.
• Liaise with WMFS compliance, AML and Senior Management teams to identify key business risks/operational impact and updated/create new internal control policy & procedure.
• Supports other RBC internal Audit groups in execution of their audit plans as necessary.
• Perform ongoing testing/review on effectiveness of internal WMFS policy & procedures and prepare review analyses report.
• Meet with Head Office Operations team periodically and evaluate and analyze issues evolving Estate Planning Specialist's team Audits; outcomes could include additional front office (in the branch) team visits or changes to Internal Controls Guidance or related training material.
• Support the WMFS front and back-office teams with regards to the Internal Controls Policies and educate where necessary (this would include branch presentations in person and via web conferences).
• Work with WMFS committee boards, such as The Estate Planning Specialist and Sales Support Managers, to assess impact of internal control changes/updates and collaborate on solutions to administrative challenges within the field.
• Participate in EPS, AEPS, EPA and Sales Support Managers and new WMFS employees training programs (requires presenting in person)
• Facilitate group meetings and conduct information gathering sessions, as well as prepare and deliver presentations to senior management and executives, selecting the appropriate approach based on the audience.

What do you need to succeed?

Must Have

• 2-3 years Life and Living Benefit Insurance experience, preferably in quality assurance and/or audit.
• Proven ability to produce well written work products and effective communication along with value added observations/recommendations.
• Experience building partnerships with stakeholders
• Excellent time management
• Proficient in Microsoft Office and other software programs

Nice to Have

• Experience presenting training material.
• Certified Internal Auditor, or other relevant professional certifications
• Fluent in French (Reading and Writing)

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.

• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities

Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above