Job Summary
Job Description
What is the opportunity?
As Senior Manager of Finance Operations, you will play a pivotal role in the evolution and eventual conversion of financial operations to complex commercial clients, a high-value client segment for Commercial Banking.
In this role, you will lead and oversee Finance operations supporting our complex commercial clients. You will be a key representative for Finance Shared Services (FSS) and provide partnership and trusted counsel to other Finance, Business and Operations stakeholders in standing up target-state processes, business requirements, and client migration activities.
You will also be a champion for efficiency, proactively seeking opportunities for technology adoption, simplification, and harmonization with existing operations.
What will you do?
- Lead and manage Finance operations for the complex commercial client group. Oversee daily and monthly financial reconciliations, and other financial close activities as necessary
- Develop deep understanding of the products and financials to identify potential issues. Ensure proper controls are in place to substantiate completeness and accuracy of the balances.
- Support complex investigations of variances and issues. Factor learnings into client migration planning. Liaise with upstream partners to communicate issues and impact, and monitor resolutions.
- Formalize Finance operational procedures for the complex commercial client portfolio. Ensure SOX and RBC EUDA documentation compliance and completeness.
- Explore automations feasible to streamline operational procedures and bring efficiency and better control.
- Lead end-to-end implementation of new products in FSS and assess Finance operational impact. Advise on financial transaction flow.
Define new and changes to Finance operational process necessary to support the new products, and participate in end-to-end testing.
Partner with Business & Operations to support client migration activities. Lead migration planning for FSS, outline reconciliation and testing requirements.
Establish treatment plan of trailing activities and implement post-migration
What do you need to succeed?
Must have :
- 5+ years of experience in Financial Services, in a business analysis and process optimization capacity
- Strong finance / accounting background CPA designation or equivalent
- Excellent analytical skills and critical thinking
- Strong verbal and written communication skills
- Ability to work independently with minimal supervision, under pressure and tight timelines
Nice-to-have :
- Experience in RBC Finance and Operations is a strong asset.
- Knowledge of SmartStream Transaction Lifecycle Management (TLM)
- Knowledge of RBC products and systems
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
- 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
- Access to a variety of job opportunities across business and geographies
LI-Hybrid
LI-POST
Job Skills
Analytical Thinking, Business, Business Process Design, Business Processes, Consulting, Decision Making, Design Processes, Detail-Oriented, Drive to Impact, Effectiveness Measurement, Financial Operations, Interpersonal Relationship Management, Logical Thinking, Long Term Planning, Meticulousness, Operational Delivery, Operations Support, Organizational Change Management, Organizing, Process Changes, Project Management, Reconciliations, Strategic Planning, Time Management
Additional Job Details
Address :
180 WELLINGTON ST W : TORONTO
City : TORONTO
TORONTO
Country : Canada
Canada
Work hours / week : 37.5
37.5
Employment Type : Full time
Full time
Platform :
TECHNOLOGY AND OPERATIONS
Job Type :
Contract (Fixed Term)
Pay Type : Salaried
Salaried
Posted Date : 2024-06-28
2024-06-28
Application Deadline :
2024-07-12
I nclusion 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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com .
Senior Asset Manager - Equipment Finance
Senior Asset Manager, Equipment Financing. The Senior Asset Manager will evaluate equipment values, complete Asset Management Equipment Studies, Credit Addendums (CAs), and manage portfolios and end-of-term processes. Coach the equipment finance team, recommending alternatives in structure or pricin...
Senior Revenue Operations Manager - Toronto (hybrid work)
As a Senior Revenue Operations Manager, you will assume a leadership role within our Revenue team, reporting directly to the VP, Revenue. Data, Finance or Revenue/Sales Operations roles. If you have experience with, and are excited by the opportunity to build out a ground up Revenue Operations funct...
Senior Manager, Finance Operations
As Senior Manager of Finance Operations, you will play a pivotal role in the evolution and eventual conversion of financial operations to complex commercial clients, a high-value client segment for Commercial Banking. You will be a key representative for Finance Shared Services (FSS) and provide par...
Senior Finance Manager
Minimum of 8 years of experience in finance or accounting roles, with at least 3 years in a senior leadership position. Lead and mentor a team of finance professionals, fostering a culture of collaboration, excellence, and continuous improvement. Bachelor's degree in Finance, Accounting, or related ...
Senior Compliance Manager-strategy and Operations
Serves as a specialist resource to senior leaders and stakeholders with advanced knowledge of regulatory/ compliance requirements and the operations of a single or multiple business/groups. We are seeking an experienced people manager who will work with the Chief Compliance Officer and Compliance le...
Senior Manager – Finance Performance Management - 162522
Our client, a top 5 bank, is looking for a Senior Manager – Finance Performance Management for a 6 month contract. If you are interested in the Senior Manager – Finance Performance Management, apply online today!. CPA or similar financial designation with 5+ years of post-qualification experience i...
Senior Manager, Investment Finance & Valuations
The Senior Manager, Investment Finance & Valuations will be responsible for activities that support the valuation of OMERS private equity and infrastructure investments. Primary responsibilities include hands-on preparation and review of valuation models and reports, strategic planning analyses,...
Senior Manager, Finance - Scotia Global Asset Management (Scotia GAM)
Coach Managers and Seniors to problem solve effectively to improve efficiency on team. Maintain high level of data integrity within Finance team to ensure accurate reporting. Lead and be responsible for the monthly, quarterly and annual financial management reporting, maintaining effective controls ...
Senior Compliance Manager-Strategy and Operations
Serves as a specialist resource to senior leaders and stakeholders with advanced knowledge of regulatory/ compliance requirements and the operations of a single or multiple business/groups. We are seeking an experienced people manager who will work with the Chief Compliance Officer and Compliance le...
Senior Manager, Operations & Servicing, Global Transaction Banking (Gtb) - Scarborough
Creates an environment in which his/her team pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF r...