Senior Manager Commercial Banking NIE, P&CB Finance at RBC Global Asset Management

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

26 Feb, 26

Salary

0.0

Posted On

28 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Business Analytics, Cost-Benefit Analysis, Decision Making, Financial Forecasting, Financial Planning and Analysis, Interpersonal Relationships, Financial Modeling, Technical Skills, Communication Skills, Continuous Improvement, Strategic Business Sense, Cross Enterprise Mindset, Creativity, Innovation, Proactivity

Industry

Description

Job Description What is the opportunity? The Senior Manager Commercial Banking NIE, P&CB Finance is a finance lead role responsible for the analysis and reporting of direct and indirect expenses, including FTE, for Commercial Banking. Working in close collaboration with finance and external partners, to enhance cost transparency and develop modelling that provides insight and actionable information to management for effectively controlling cost growth. What you will do? Developing the components (including enhancing and maintaining productivity and key drivers dashboards to incorporate into Plan and forecast); Coordinate annual plan and 5 year strategic Planning process and related business reviews, focusing on alignment with strategy Responsible for providing timely and insightful analysis and reporting of financials to Commercial Banking OC, including monthly/quarterly actual, forecast/annual plan/5-year strategic planning and quarterly volume benchmarking with peers Reporting related to Commercial Banking direct and indirect expenses, and acting as center of expertise on matters relating to Investment Spend and Business as Usual spend within Professional Fees Compiling expense and full-time-employee (FTE) data from across Commercial Banking (CB), including Operations and distribution channels; completing analysis and written commentary explaining variances for reporting periods Management of monthly best estimates reporting processes identifying early view of actual results Providing advice to executives/senior management on cost trends, early warnings, and savings opportunities Assists Commercial Banking efficiency management programs to ensure Commercial Banking/Canadian Banking achieve its’ targeted operating metrics. Act as backup for critical processes within BFS Finance team as assigned What do you need to succeed? Must Have 5+ years of relevant finance and industry experience CPA/CFA//MBA Strong understanding of the drivers of performance and outcome measures of Business products, RBC, and the financial industry Cross enterprise mindset Excellent written and oral communication skills and ability to influence. Focused on continuous improvement Creative, innovative, proactive and strategic business sense Strong knowledge of RBC planning, reporting and forecasting processes Superior financial modeling skills (ie. strong Excel modeling skills) and technical skills (ie. Tableau database management) 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: RBC WATERPARK PLACE, 88 QUEENS QUAY 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: 2025-09-18 Application Deadline: 2025-12-02 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. Join our Talent Community Stay 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 jobs.rbc.com.

Responsibilities

The Senior Manager is responsible for analyzing and reporting direct and indirect expenses for Commercial Banking, enhancing cost transparency, and developing actionable insights for management. This role involves collaborating with finance and external partners to manage financial reporting and provide advice on cost trends and savings opportunities.