Senior Manager, Funds Transfer Pricing Transformation

RBC; Toronto; On-site; CAD 100,000 - 140,000; Full time

Job summary

Join RBC as a Senior Manager in Funds Transfer Pricing, where you will provide strategic financial advice and manage FTP reporting. You will collaborate with various departments to drive improvements and enhance decision-making processes across the organization.

Benefits

Comprehensive Total Rewards Program

Opportunities for professional development

Dynamic and collaborative work environment

Qualifications

• 4+ years of relevant experience in finance or accounting.
• Advanced analytical capabilities and attention-to-detail.
• Solid understanding of mathematical/financial principles.

Responsibilities

• Develop and enhance FTP reporting including liquidity and profitability.
• Lead the build-out of product profitability reports.
• Analyze and develop solutions for FTP mechanisms across the enterprise.

Skills

Accounting

Business Analytics

Cost-Benefit Analysis

Decision Making

Financial Forecasting

Financial Planning and Analysis

Interpersonal Relationships

Education

Undergraduate degree in business/accounting/finance/math/technology

Tools

Microsoft Office

Job description

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 initiatives
• Lead the build out of product profitability reports across multiple products and businesses that identify and communicate trends in drivers of business performance
• Strengthen your already strong understanding of interest rate risk, liquidity, and asset liability management at one of the largest and most complex global financial institutions
• Document existing system processes and data flows related to FTP and maintain documentation as recommended changes and enhancements are made
• Identify opportunities to enhance existing FTP methodologies, process, and systems
• Analyze and develop solutions for FTP mechanisms across the enterprise for new and existing business processes, working closely with business segment platforms and Corporate Treasury
• Perform 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 experience
• Solid multi-tasking capabilities, with the ability to work under pressure with conflicting priorities
• Keen attention-to-detail, with the ability to question and challenge information for integrity
• Solid understanding of mathematical/financial principles, risk concepts and excellent analytical capabilities
• Advanced proficiency in Microsoft Office (Excel, PowerPoint, Word)
• Exceptional verbal and written communication skills
• Proven ability to successfully deliver insightful ad hoc requests on a short notice

Nice to have

• Professional Designations: CPA, CA, CMA, or CFA
• Experience with Enterprise Performance Management (EPM) / Cognos TM1
• Proven record in successfully influencing and implementing change
• Strong understanding of business drivers of performance and related outcome measures
• Previous experience in a fast-paced work environment supporting Senior leaders
• Superior 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 Program
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Opportunities 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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