Senior Manager, P&CB Finance – Insights & Client Engagement - Jobs in Kensington Market

Job Description

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.Job DescriptionWhat is the OpportunityThe Senior Manager, P amp;CB Finance – Insightsamp; Client Engagement supports the Insightsamp; Client Engagement (I amp;CE) team in their ability to achieve superior business performance. This position plays a key role on the P amp;CB Performance Management team, providing strategic analysis and advice on the impact of I amp;CE strategic initiatives and results, and by being a primary liaison with the P amp;CB Platform Performance Management and NIE teams. You will lead the NIE/FTE processes including five year outlook, annual planning, ongoing forecasts, T-5 estimates and monthly monitoring of NIE/FTE 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 SVP Insightsamp; Client Engagement (I amp;CE) through reporting and insights for I amp;CE NIE including providing key information, and ongoing advice to enable management decision making and establish action plans to maximize financial performance.
• Act as lead for I amp;CE NIE/FTE as part of the five year outlook, where the incumbent will partner with I amp;CE management teams to determine both NIEamp; FTE outlooks, ensuring that rationale for any increases are clearly articulatedamp; available to LOB Finance partners to support increases in annual expenses.
• Prepare and consolidate the annual Plans, Forecasts, and monthly estimates
• Support business initiatives, i.e. Zero Based Budgeting, Activity Based Costing, Wall of Numbers, Mega Journeys (Next Best Action/Next Best Offer), Climate, etc.
• In addition to supporting the SVP, I amp;CE, act as the key Finance contact to provide ongoing support and performance analysis re: NIE/FTE to I amp;CE leaders.
• Work with Director of I amp;CE Finance to make recommendations re: distribution of platform NIE challenges to I amp;CE and develop strategies to achieve NIE challenge.
• Responsible for development of NIE allocation %s at the I amp;CE cost transit level leveraging Wall of Numbers (WoN) to enable full P amp;L reporting for Canadian Banking Lines of Business.
• Provide specialized expert advice and solutions contributing to the ongoing transparency of NIE aligned to line of business allocated NIE reporting.
• Act as key liaison and point of integration for National Office functional groups for all strategic performance related targets and initiatives impacting I amp;CE financial and performance management results.
• Key support to the Director, I amp;CE Finance, proactively adding value added expertise and advice on initiatives and their impact on financial performance.

What do you need to succeedMust-have:

• Excellent communication skills, both oralamp; written, with good interpersonal skills in order to establish relationships across all levels of the enterprise.
• Experience in financial reportingamp; 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
• Curious and proactive mindset with a focus on continuous improvement
• Comfortable dealing with incomplete information, uncertainty and change

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 youWe 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
• Opportunities to build close relationships with clients