Senior Manager, Initiatives and Distribution Finance

Job title:

Senior Manager, Initiatives and Distribution Finance

Company

Royal Bank of Canada

Job description

Job SummaryJob DescriptionWhat is the opportunity?As Senior Manager, Initiatives and Distribution Finance you will provide financial and strategic advice in support of the Distribution business in Personal and Commercial Banking. The role will deliver finance advisory support to finance and business leadership on key initiatives across the distribution line of business, including business cases, projects, and ad hoc analysis. The role will be accountable for understanding and tracking key business metrics to support analysis and transformation of the business. Additional accountabilities include providing support on monthly reporting and planning and forecasting.What will you do?

• Proactively partner to provide advice to finance and business senior management on business performance, cost trends, and KPI trends.
• Oversee the monitoring, analysis and reporting of financial results tied to key business metrics (e.g. advisor productivity)
• Provide financial leadership and modelling for business cases and other analysis in support of key strategic business decisions
• Primary liaison to Distribution Strategy and Transformation business partners.
• Identify, recommend and monitor key cost drivers and recommend cost opportunities to finance and senior management
• Support monthly financial reporting processes to ensure timely and insightful reporting of financial information.
• Consult, creating strong relationships executives and senior management.
• Act as lead on special projects and initiatives in support of the Distribution business.

What you need to succeed?Must Have

• 5+ Years of Financial Planning and Analysis experience
• Excellent communication skills, both oral & written, with good 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
• Experience with unique financial systems such as EPM or similar reporting tools
• Problem solving and collaborative skills
• Curious and proactive mindset
• Solid business acumen

Nice to Have

• Experience with data tools including Tableau, Power BI, Alteryx, Knime etc.
• Knowledge on Bank’s operations, products and services.
• Knowledge on calculation and drivers of staff costs, including pension & benefits.
• Knowledge of cost allocations and internal management chargeouts
• Prior experience providing direct support to executives, senior business leaders
• B. Comm. or MBA. CA, CMA, CGA, MBA or equivalent work experience

Job Skills Accounting, Decision Making, Financial Planning and Analysis (FP&A), Financial Reporting and Analysis, 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: 2025-03-10Application Deadline: 2025-03-26Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion 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

Wed, 12 Mar 2025 07:56:45 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (un-jobs.net) you saw this job posting.