Royal Bank of Canada
Job title:
Senior Manager, Retail Funds Transfer Pricing
Company
Royal Bank of Canada
Job description
Job SummaryJob DescriptionWhat is the opportunity?Corporate Treasury Retail Funds Transfer Pricing (FTP) team is responsible for maintaining a comprehensive and consistent FTP framework across the retail segments of the bank. We provide risk-based pricing and profitability guidance to product and portfolio managers; transfer relevant risks out of a business to a central unit at a fair and transparent price and provide a consistent basis for measurement of product and portfolio profitability.We are seeking a highly motivated and analytical Senior Manager to join the Retail Funds Transfer Pricing (FTP) team. In this role, you will be responsible for overseeing BAU reporting and FTP deliverables for RBC Retail segments (mainly Wealth Management), ensuring accuracy and efficiency in processes, and acting as a key point of contact for stakeholder inquiries. You will work closely with various internal stakeholders including senior Corporate Treasury, Businesses, and Finance partners, and provide insights that drive strategic decision-making. This position offers an opportunity to access one of the most important tools to execute the bank’s asset/liability management strategy (FTP) and obtains valuable knowledge about banking product risks and profitability. You’ll be part of a collaborative team that values innovation and continuous improvement.We are looking for candidate that has a good understanding of finance and accounting concepts as well as excellent communication with ability to convey/explain complex topics. Hands-on experience with data virtualization tool such as Tableau/ Power BI and coding will also be valuable.What you will do?
- Lead the preparation, validation, and delivery of routine FTP reports for RBC Wealth Management and Canadian Banking.
- Perform reporting, data analytics, investigate queries and issues related to FTP rates.
- Act as a key liaison for FTP-related inquiries, providing clarity and resolving issues proactively for RBC Wealth Management.
- Collaborate with internal partners, including Corporate Treasury, Finance, and Business Units, to ensure alignment on FTP methodologies and reporting requirements.
- Support ad hoc analysis and projects related to FTP, contributing to strategic initiatives.
- Maintain and update documentation to reflect process changes and ensure transparency.
- Present findings and recommendations to senior leadership when necessary.
What you need to succeed?Must Have
- 4+ years of relevant experience in funds transfer pricing, financial reporting, treasury, or related fields.
- Knowledge of non-trading book products.
- Proficient with in excel and SQL; Experience with data visualization tool such as Tableau/Power BI.
- Strong ability to analyze complex financial data and explain complicated topics.
- Excellent verbal and written communication skills, ability to work effectively with cross-functional teams.
- Advanced impact and influence abilities
- Experience in identifying and implementing process enhancements to drive efficiency
Nice to Have
- Ability to code via VBA or Python
Job Skills Analytical Thinking, Commercial Acumen, Decision Making, Financial Regulation, Financial Services Industry, Knowledge Organization, Operational Risks, Risk Management, Strategic Thinking, Treasury ManagementAdditional Job DetailsAddress: RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: OFFICE OF THE CFOJob Type: RegularPay Type: SalariedPosted Date: 2025-03-20Application Deadline: 2025-04-05Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.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
Sat, 22 Mar 2025 00:33:57 GMT
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