Senior Manager Commercial Banking NIE, P&CB Finance

RBC; Toronto; On-site; CAD 90,000 - 120,000; Full time

Job summary

A leading financial institution in Toronto seeks a Senior Manager for Commercial Banking, focusing on financial analysis and reporting. Candidates should have over 5 years of relevant experience, with CPA/CFA/MBA qualifications. The role requires strong communication skills, innovative thinking, and expertise in financial modeling. Join a firm dedicated to inclusivity and growth, where you can enhance the financial well-being of clients and communities.

Qualifications

• 5+ years of relevant finance and industry experience.
• Strong understanding of financial performance and product drivers.
• Excellent written and oral communication skills.
• Creative, innovative, proactive, strategic business sense.

Responsibilities

• Develop productivity dashboards and coordinate annual planning processes.
• Provide timely financial analysis and reporting.
• Act as center of expertise on investment and business-as-usual spend.
• Compile expense and FTE data with written commentary.

Skills

Accounting

Business Analytics

Cost-Benefit Analysis (CBA)

Decision Making

Financial Forecasting

Financial Planning and Analysis (FP&A)

Interpersonal Relationships

Education

CPA/CFA/MBA

Tools

Excel

Tableau

Job description

Overview

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.

Responsibilities

• 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 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 (i.e., strong Excel modeling skills) and technical skills (i.e., 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: 2025-10-04

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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