Job Summary
Job Description
What is the opportunity?
The Senior Manager, Personal Banking & Investments ("PBI") Finance supports both the Term Investments & Savings ("TIS") as well as the Mutual Funds Distribution ("MFD") teams in their respective abilities to achieve superior business performance.
This position plays a key role on the P&CB Performance Management team, providing strategic analysis and advice on the impact of strategic initiatives and results, and by being a primary liaison with the P&CB Platform Performance Management and NIE teams.
You will lead all financial reporting including five year outlook, annual planning, ongoing forecasts, T-5 estimates and monthly monitoring of results, while ensuring data integrity and adherence to established corporate governance and financial compliance standards.
What will you do?
Proactively provide expert analysis and advice to the VPs of TIS and MFD through reporting and insights including providing key information, and ongoing advice to enable management decision making and establish action plans to maximize financial performance.
Act as lead for TIS / MFD as part of the five-year outlook, where the incumbent will partner with management teams to determine volume, revenue and expense outlooks.
Prepare and consolidate the annual Plans, Forecasts, and monthly estimates.
Key Support on key business initiatives (i.e. PARs and Business casing).
Provide specialized expert advice and solutions contributing to the ongoing transparency of NIE aligned to line of business allocated NIE reporting.
Key support to the Director, PBI Finance, proactively adding value added expertise and advice on initiatives and their impact on financial performance.
What do you need to succeed?
Must Have :
Excellent communication skills, both oral & written, with strong interpersonal skills in order to establish relationships across all levels of the enterprise
Experience in financial reporting & analysis and cost management
Experience using metrics, KPIs and cost / value drivers in performance management
Strong technical skills including MS Office Suite (Excel, PowerPoint, etc.)
Experience with unique financial systems such as EPM (IBM Cognos)
Solid business acumen and problem-solving skills
Nice to Have :
B. Comm, CPA-CA / CMA / CGA, MBA or equivalent work experience
Knowledge and understanding of banking products and processes
Exposure to the Bank's Retail / Business network, products and services
A varied working career including positions in a number of areas of RBC or another financial institution(s)
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.
A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
Leaders who support your development through coaching and managing opportunities
Flexible work / life balance options
Opportunities to do challenging work
Opportunities to take on progressively greater accountabilities
Job Skills
Accounting, Decision Making, Financial Analysis and Reporting, Financial Planning and Analysis (FP&A), Results-Oriented