Job Summary

Job Description

What is the Opportunity?

As the Manager, Defined Contribution and Savings Programs and Financial Wellness, you will provide oversight of RBC’s Defined Contribution Pension and Savings Programs in Canada, with over 50,000 active members and over $2 billion in assets; and provide support of financial wellness strategy, which aims to increase RBC employees’ awareness and financial literacy, and support employees in navigating their financial journeys to achieve their financial goals.

What will you do?

Provide oversight of RBC’s Defined Contribution Pension and Savings Programs, including administrative guidance, legislative compliance, communication and governance.

Maintain summary records of plan membership, pension contributions and plan asset values on a monthly basis, and prepare annual report identifying trends and changes.

Manage all third-party vendor fees including processing invoices, payments, and reconciliations.

Provide interpretation, issue resolution and administrative guidance related to the defined contribution pension and savings programs to resolve employee queries and escalations.

Prepare and submit to the pension regulators all required annual filings for the defined contribution pension plans.

Assist with the preparation of pension materials for reporting to Governance Committees and Board of Directors.

Assist with preparation of written communications to employees, such as pension statements, employee escalations, plan changes, etc.

Support HR administration team and Contact Centre for resolutions of employee issues and escalations.

Assist with advancing RBC’s financial wellness strategy, simplifying communication of RBC’s Retirement and Savings programs to assist RBC’s employees in Canada in making informed decisions, build employees’ financial literacy, and deliver decision-making tools that support employees’ unique and diverse needs.

Assist with pension education presentations at employee sessions to improve employees’ understanding of RBC’s retirement and savings programs, use of tools, transactions, enrollment in the plans, etc.

Maintain financial scorecard to measure effectiveness of programs and communications.

Monitor relationships with third-party vendors including conducting risk assessments, Service Level Agreement reviews, and vendor onboarding.

What do you need to succeed?

Must-have:

5 to 10 years of pension experience in a similar level role with a large complex organization or consulting firm.

Bachelor Degree in Mathematics, Actuarial Science, Finance or a related field.

Excellent written and verbal communication skills and demonstrated facilitation/presentation experience.

Strong stakeholder management and relationship management capabilities, with proven ability to manage multiple competing projects and priorities.

Strong analytical skills and attention to detail, with proven ability to analyze complex situations, synthesize information, understand issues, identify options, and support sound decision making; and integrate information from different sources into a coherent view.

Excellent technical skills using the Microsoft Suite (Word, Excel, PowerPoint).

Project management skills are an asset.

What’s in it for you?

We 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.

Ability to make a difference and lasting impact.

Work in a dynamic, collaborative, progressive, and high-performing team.

A world-class training program in financial services.

Opportunities to do challenging work.

Job Skills

Benefit Programs, Communication, Critical Thinking, Defined Contribution, Financial Analysis, Financial Wellness, Group Problem Solving, HR Project Management, Human Resources Policies, Interpersonal Relationship Management, Organizational Change Management, Relationship Management

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

HUMAN RESOURCES & BMCC

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-06-27

Application Deadline:

2025-07-14

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At 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.

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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 jobs.rbc.com.