Manager, CM Performance Management

RBC; Toronto; On-site; CAD 80,000 - 110,000; Full time

Job summary

A leading financial institution in Toronto is seeking a Manager for CM Performance Management. This role involves producing budget reports, analyzing financial data for strategic decisions, and managing stakeholder relationships. Candidates should have a strong background in financial analysis, leadership skills, and experience in the capital markets. The position offers an opportunity to thrive in a dynamic and high-profile environment.

Qualifications

• 2+ years of experience in complex wholesale business activity.
• Experience in management reporting and analysis.
• Strong team and people management abilities.

Responsibilities

• Produce budget and expense management reports.
• Support the annual budgeting process.
• Analyze financial information for planning.

Skills

Strong analytical skills

Excellent leadership skills

Stakeholder management

Microsoft Excel expertise

Presentation skills

Education

Undergraduate degree

Job description

Job Description

What is the opportunity?

The Manager, CM Performance Management will assist in advising key members of the COO and Strategy & Innovation leadership team; responsible for financial advisory, while building strong connectivity with the COO Functions and Strategy & Innovation business.

This role will support continuous monitoring of key metrics by delivering exceptional financial analysis and play a pivotal role in building CM Finance’s capabilities to support CM’s strategic priorities around productivity and efficiency; and enabling strategic business decisions through financials analysis including investment / initiatives prioritization, staffing and asset planning

This role will appeal to individuals who want to work in a fast-paced area that has significant visibility and a high profile across RBC (especially within Capital Markets). This individual must have an appetite for working in a forward looking and innovative environment, thrives on challenges, wants to over-achieve and make a real difference with the business.

What you will do?

• Producing thorough, accurate and timely budget and expense management reports for the organization.
• Supporting the annual budgeting process including analysis and review of financial information and its impact on the business.
• Analyzing and interpreting financial information for planning and control purposes.
• Prepare financial insights for COO Functions and Strategy & Innovation group commentary in the COO Leadership Operating Committee (SVP/VP) and BCS Operating Committee to enable strategic decisions on investments, hiring and cost management. This spans both departmental expenditures as well as financial insights and advisory to the group’s interactions with other CM businesses on a recurring basis.
• Create and maintain dashboards for improved financial reporting and NIE tracking on an ongoing basis.
• Perform select month end close activities including tracking and investigating variances for management reporting.
• Create monthly financial decks for COO functions and Strategy & Innovation businesses. Track headcount movement on a monthly basis for supported businesses and create relevant reports for executive consumption.
• Further enhance and build on Finance’s internal capabilities in cost reporting to further proliferate learnings and best practices across CM Finance’s Advisory teams.
• Building subject matter expertise on all cost lines and opportunities that can be used to further support cost saving initiatives.

What you will need to succeed?

Must Have

• Undergraduate degree
• 2+ years' experience in complex wholesale business activity, namely a thorough understanding of Capital Markets businesses and transactions, and associated risks & returns.
• Experience in management reporting and analysis, stakeholder interactions and relationship management
• Strong team and people management abilities, and ability to play a leadership role across a wide group of peers
• Keen sense of numbers and strong analytical skills with ability to multitask and handle high-pressure executive level requests on a continuous basis
• Excellent leadership and interpersonal skills with a strong ability to influence stakeholders and mobilize groups to deliver on common goals
• Excellent organizational, analytical and problem solving skills
• Able to consistently exercise independent thought and judgment and adapt to new tasks quickly
• Proactive and persistent in issue resolution
• Experience in complex wholesale business activity, management reporting and analysis, and/or financial resource optimization (capital, funding, and liquidity)
• Very strong Microsoft Excel and PowerPoint Presentation skills required, with data mining skill and ability to explore new technologies to enhance the delivery of financial information

Nice to Have

• CFA or Finance MBA highly preferred
• Solid experience and good understanding of bank structure, risk management concepts, financial markets and instruments
• Experience in financial modelling including understanding of statistics, risk or other quantitative metrics

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.