Royal Bank of Canada Looking for Manager, Finance – IS Performance Management at Toronto, ON Full Time

Manager, Finance – IS Performance Management

The Manager, Finance role of Investor Services (‘IS’) Performance Management forms a key part of the IS Finance team and will be responsible for the execution of performance management deliverables, as well as business partnering responsibilities. The position will be responsible for providing business finance advisory support for the Investor Services businesses. This includes driving key analytics and reporting, providing input, and tracking the Business Plan and Forecast while acting as a best-in-class PM team member. You will be expected to demonstrate strong collaboration with partners across Investor Services, IT, PMO, and Functions, whilst supporting an owner-operator mindset, focus on return on investment, cost transparency, partner enablement, and data-driven decision-making culture. The role will be to support month-end analysis and benchmarking activities as a liaison to cross-functional stakeholders ensuring key expense analysis and variance explanations are provided to business and finance partners.

PRIMARY RESPONSIBILITIES

• Leveraging business knowledge, and experience to be a valued, strategic partner/advisor as a member of the CFO Group.

• Responsible for the provision of financial advisory support to Investor Services business stakeholders to enable timely business decisions, strategic planning, forecasting, and analytics.

• Accountable for the delivery of monthly and quarterly performance management reporting, including key metrics, insightful commentary, while constructively challenging assumptions and escalation of issues/key trends.

• Ensure Product Profitability reporting processes are supported and provide a meaningful view of; allocated NIE and Revenues, as well as profitability metrics, and NIE variances.

• Responsible for delivery of monthly management reporting and commentary, and formal budget updates annual detailed plan/budget, and the 5-year outlook in line with enterprise timelines.

• Leverage best practices to simplify and streamline processes and deliverables.

• Ensure that key business strategies and initiatives are well understood, supported, and embedded into financial reports, including tracking of benefits versus business case targets.

• Enhance financial advice to business partners, shifting the balance from Steward / Operator to Strategist / Catalyst with a focus on cost transparency, enhanced analytics, and decision support.

• Acts as an “agent for change” and a “challenger of the status quo” in line with wider Finance transformation initiatives.

MUST HAVE

• Accounting designation or equivalent degree with post qualification experience of at least 3 years

• Experience within Business facing Finance roles

• Experience within Financial Services

• Strong interpersonal and communication skills with the ability to foster and cultivate financial opportunities and partnerships

• Stakeholder management skills.

• An awareness of the Regulatory Environment, and the difference in requirements between management and legal entity reporting

COMPETENCIES

Behavioral

• Strong collaborator and relationship builder

• Strong change management skills

• Strong business acumen and financial insight

• Positive mindset with the ability to formulate solutions

• Ability to make decisions and use initiative

• Ability to constructively challenge and provide insight into financial results to enable business to make informed decisions

Technical

• Financial expertise including pricing and investment appraisal techniques

• Ability to draw on and apply strategy best-practices

• Critical thinking and problem solving techniques

• High standard of written and verbal communication

• Forecasting techniques and ability to draw on insights from data analytics

KEY RELATIONSHIPS

• IS Finance Senior Management Team

• IS Finance team and the wider WM Finance Team

• IS Business Heads

• Head Office and Regional Finance Teams

• IT and Functional Partners

• IS Data Management Office

AUTHORITIES, IMPACT, RISK

• This position supports the key functions listed under primary responsibilities.

• Delegated responsibilities from Finance Leadership to represent Finance at Project forums and Committees as deemed appropriate

WORKING CONDITIONS

• Tight deadlines and the ability to actively manage workload is a pre-requisite of the role, expectation of some work outside of office hours to ensure deadlines are met.

• Ability to work under sustained pressure and meet deadlines.

• Ability to use initiative and to recommend improvements

• Standard office environment with minimal travel

TORONTO, Ontario, Canada

CAN-ON-TORONTO

Canada

37.5

Full time

Office of the CFO

Regular

Salaried

2023-04-12

2023-04-26