Royal Bank of Canada
Job title:
Senior Manager, HEF Finance
Company
Royal Bank of Canada
Job description
Job SummaryJob DescriptionWhat is the opportunity?The Senior Manager, HEF Finance will act as a senior advisor and finance lead to the Home Equity Financing (HEF) business and leadership team, supporting HEF business in understanding the trade-offs for investment decisions (project expenditures, investment opportunities, capital optimization decisions, etc.)This roll will provide in-depth sensitivity analysis on key business metrics (mortgage spread, ROE, etc.) for the purpose of highlighting ways to improve profitability, as well as lead the development of financial forecasts/plans and reporting of monthly financial results, and act as the point of contact for finance related issues.What you will do?
- Provide useful and timely financial advice to HEF Leadership team.
- Ensure profitability benchmarks are understood.
- Work with the business to drive product development, product pricing and cost management strategies through ongoing analysis, measurement, and reporting.
- Ensure full understanding of Corporate Treasury’s Transfer Pricing policies. Single point of contact for ensuring proper allocations are done and highlight impact on product/business profitability.
- Provide clear and concise driver-based forecasting and financial reporting to senior executives to drive greater financial performance. Provide insights into key levers to influence and drive incremental profitability.
- Support business partners in development of their overall business strategies.
- Work with Product Control and Financial Control partners to ensure controls and governance are maintained.
- Drive consolidation of management reporting for Personal Financing Products segment.
- Key Member of Home Equity Senior Management Team, Product Management teams and Client Strategies teams.
- Lead efforts to simplify and fully understand the complex cost structures – direct and indirect spend.
What you need to succeed?Must Have
- 5+ years’ relevant experience
- Proven Leadership qualities
- Strong interpersonal skills
- Strategic Business Sense
- Professional accounting designation and/or MBA desired
- Demonstrated management experience at senior levels.
- Creative, innovative, proactive
- Strong bottom line orientation Independent, self-directed, results-driven
- Proven ability to communicate at all levels
- Not afraid to ask questions with Senior Leaders
Job Skills Accounting, Decision Making, Financial Analysis and Reporting, Financial Planning and Analysis (FP&A), Results-OrientedAdditional Job DetailsAddress: RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: OFFICE OF THE CFOJob Type: RegularPay Type: SalariedPosted Date: 2024-07-22Application Deadline: 2024-08-13Inclusion and Equal Opportunity EmploymentAt 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 CommunityStay 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 .
Expected salary
Location
Toronto, ON
Job date
Thu, 08 Aug 2024 00:20:10 GMT
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