Job Summary

Provides leadership for financial planning and budgeting processes. Typically manages 2 or more specialized departments comprised of supervisors, managers, professionals, and/or large numbers of operational support employees.

Job Description

What is the opportunity?

Join RBC’s newly established Funds Transfer Pricing Center of Excellence within the Enterprise Performance Management team where you will provide value-added strategic financial advice to senior leadership in a fast paced, high-profile group.

The Senior Manager, Funds Transfer Pricing is responsible for developing and enhancing FTP reporting including interest rate risk, liquidity risk, profitability and margin reporting. The role has a direct impact on the management reporting of product and business profitability across the enterprise with significant impact on our businesses in the United States (Capital Markets, City National Bank, Wealth Management, Retail Banking).

A good of understanding of financial/mathematical concepts, bank’s products and balance sheet, and strong technical and analytical skills are preferred.   

The FTP COE and Enterprise Performance Management team works with a broad group of Finance and Business Partners to ensure successful implementation of FTP, enabling reporting of consistent and reliable financial results that influence decision making. We make actionable strategic recommendations to the business and CFO that supports long-term bank performance.

You will work closely with the Senior Director, FTP Transformation and leaders across all platforms to enhance FTP and Performance Management capabilities and drive continuous improvement in these areas. You will have the opportunity to develop relationships with colleagues across a diverse set of stakeholders including RBC’s Business Segments, Corporate Treasury Financial Resource Optimization, and Group Risk Management.

What will you do?

Drive change across our U.S. Region by assisting with the development of standardized FTP reporting at City National Bank, RBC Capital Markets, RBC Wealth Management, and RBC Bank USA by leading projects and initiativesLead the build out of product profitability reports across multiple products and businesses that identify and communicate trends in drivers of business performanceStrengthen your already strong understanding of interest rate risk, liquidity, and asset liability management at one of the largest and most complex global financial institutionsDocument existing system processes and data flows related to FTP and maintain documentation as recommended changes and enhancements are madeIdentify opportunities to enhance existing FTP methodologies, process, and systemsAnalyze and develop solutions for FTP mechanisms across the enterprise for new and existing business processes, working closely with business segment platforms and Corporate TreasuryPerform testing and validation for system rule changes and enhancements to ensure accuracy and performance impact

What do you need to succeed?

 Must Have

Undergraduate degree (preferably in business/accounting/finance/math/technology) and 4+ years of relevant experienceSolid multi-tasking capabilities, with the ability to work under pressure with conflicting prioritiesKeen attention-to-detail, with the ability to question and challenge information for integritySolid understanding of mathematical/financial principles, risk concepts and excellent analytical capabilitiesAdvanced proficiency in Microsoft Office (Excel, PowerPoint, Word)Exceptional verbal and written communication skillsProven ability to successfully deliver insightful ad hoc requests on a short notice

Nice to have

Professional Designations: CPA, CA, CMA, or CFAExperience with Enterprise Performance Management (EPM) / Cognos TM1Proven record in successfully influencing and implementing changeStrong understanding of business drivers of performance and related outcome measuresPrevious experience in a fast-paced work environment supporting Senior leadersSuperior financial modelling skills

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 ProgramLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workOpportunities to take on progressively greater accountabilities    Opportunities to building close relationships with internal clients

Job Skills

Accounting, Business Analytics, Cost-Benefit Analysis (CBA), Decision Making, Financial Forecasting, Financial Planning and Analysis (FP&A), Interpersonal Relationships

Additional Job Details

Address:

20 KING 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:

2025-06-24

Application Deadline:

2025-07-08

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.