Senior Manager, Wealth Management Platform Financial Control

Royal Bank of Canada

Job title:

Senior Manager, Wealth Management Platform Financial Control

Company

Royal Bank of Canada

Job description

Job Summary

Job Description

What is the opportunity?

For forward-thinking and results-focused leaders, this is an opportunity to join the Financial Control team of Canada’s largest company, frequently ranked as one of the top companies to work for in Canada. RBC is internationally recognized for its commitment to innovation, diversity, customer satisfaction and corporate social responsibility. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

As part of the Wealth Management Platform Financial Control team in our Toronto head office you will be part of a collaborative team culture that strives to challenge ourselves to be our best, think progressively to keep growing, and work together to deliver collective results.

The Senior Manager, Wealth Management Finance will be responsible for managing the Financial Control responsibilities in the Wealth Management (WM) Finance group with the objective of delivering timely, accurate and reliable financial information, supporting Quarterly SOX certification by Global Controller and CFO as well as Finance implementation projects to automate and improve financial reporting systems, controls and processes.

This is a great role for those interested in a diverse and dynamic set of responsibilities that create the opportunity to drive strategic initiatives, challenge the status quo and shape/improve established month and quarter-end processes. This position reports to the Senior Director, WM Financial Controls & Governance.

What will you do?

  • Responsible for accurate and complete Financial and Regulatory reporting for the WM Retail businesses (Dominion Securities Inc, Royal Trust Co, Dominion Securities Global). Manage and redesign monthly P&L close processes to ensure robust control environment.
  • Review of line of business monthly financial results and variances. Provide meaningful analysis of financial results to ensure accurate external reporting and regulatory reporting.
  • Ensure that global policies and procedures are adhered to by all stakeholders to ensure consistency and adequacy of balance sheet reconciliations and attestations.
  • Monitor and oversee DS Global Cash Sweep process and intergroup reconciliation process between DS Inc and DS Global including monthly settlement between these 2 legal entities.
  • Proactively identify opportunities to leverage best practices across the regions; simplify or improve the design and execution of existing controls; and improve the sharing of business and financial information across the organization. Work with impacted stakeholders from across global finance teams, head office and other key finance stakeholders to lead the execution of identified opportunities.
  • Identify, propose, and implement, solutions on ongoing issues by working with subject matter experts such as Platform Financial Controllers, Product Controllers, and Finance IT.
  • Collaborate with Capital Markets Finance and Operations teams by providing guidance as required on the more complex areas impacting legal entity reporting. Liaise with Internal and external auditors by providing complete and necessary information to satisfy audit requests.
  • Drive change and add value through continually evolving current processes and analysis, in light of, changing business needs and reporting requirements.
  • Lead and develop a team by providing proper coaching, clear direction and expectations.

What you need to succeed?

Must-have

  • CPA designation and/or Accounting designation
  • Excellent leadership, communication, and interpersonal skills – ability to work with people at all levels within the organization
  • Excellent analytical thinking and acute attention to detail
  • Strong knowledge and understanding of financial reporting and internal controls over financial reporting
  • Highly motivated, collaborative, and self-starter attitude
  • Ability to manage numerous priorities simultaneously amidst tight deadlines
  • Minimum 5 years of high level involvement in Financial/management reporting

Nice-to-have

  • Strong knowledge of the RBC financial systems and financial controls

Job Skills Accounting, Accounting Finance, Balance Sheets, Decision Making, External Reporting, Finance, Financial Analysis and Reporting, Financial Controlling, Financial Management, Financial Planning and Analysis (FP&A), Long Term Planning, Oral Communications, Organizational Savvy and Politics, People Management, Reporting Systems, Strategic Thinking, Team Management, Time Management

Additional Job Details

Address: RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City: TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: Office of the CFO

Job Type: Regular

Pay Type: Salaried

Posted Date: 2024-01-12

Application Deadline: 2024-01-27

Inclusion 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.

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Expected salary

Location

Toronto, ON

Job date

Sun, 14 Jan 2024 01:24:28 GMT

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