Senior Tax Manager

RBC; Toronto; On-site; CAD 90,000 - 130,000; Full time

Job summary

Join RBC as a subject matter expert in tax matters within the Professional Practice Group. You will manage tax risks, mentor staff, and develop policies while ensuring compliance with Canadian tax laws. This role offers opportunities for professional advancement and a collaborative work environment.

Benefits

Comprehensive Total Rewards Program

Flexible work/life balance options

Opportunities for challenging work

Qualifications

• 10 - 15 years related experience, preferably with current public accounting practice experience.
• Technological literacy.

Responsibilities

• Develop and identify best practices for mitigation of tax risk.
• Mentor and train tax staff on substantive tax matters.
• Act as subject matter expert on tax matters for Ultra High Net Worth clients.

Skills

Communication

Decision Making

Tax Management

Tax Operations

Financial Planning and Analysis

Education

CPA Designation

Job description

Job Summary

Job Description

What is the opportunity?

In this role, you will act as subject matter expert and principal resource within the Professional Practice Group (“PPG”), Royal Trust, on all technical taxation matters. You will be responsible for the management and mitigation of tax risk both at the account level and at the business level by acting as a point of escalation for Royal Trust staff on all substantive tax matters. You’ll also be accountable for the oversight and development of tax policy/procedures and for staying abreast of Canadian income tax legislative developments impacting the administration of estates and trusts. For more information, please visit: https://royaltrust.rbcwealthmanagement.com

What will you do

• Develop and identify best practices for the minimization of tax risk at the account level for implementation by the tax team and by regional staff
• Continuously seek opportunities to enhance the end user client experience, actively seeks feedback, engages and gains the buy in of key stakeholders and effectively communicates to target audiences.
• Identify and assess tax training needs of staff and liaise with the National Tax Manager, Taxation Advisory Group and the Director, Professional Development and Sales Enablement to develop and deliver effective and superior tax training and materials to staff
• Responsible for the mentoring, training and development of tax staff on all substantive and technical tax matters
• Ensure that employees understand RBC vision, as well as support and reinforce targeted behaviors that contribute to RBC goals
• Provide focus and clarity in establishing individual goals, driving performance management, supporting career development and rewarding strong performance
• Accept and successfully execute change while supporting employee through the change management process, and keeping them focused on business priorities
• Ensure co-ordination of efforts among RBC partners to ensure high delivery of quality client service
• Engage in focused partnering with Senior Trust Advisors and internal partners including external professional advisors to ensure the seamless and timely resolution of tax matters
• Demonstrate commitment to taking ownership of staff concerns as first point of contact for technical tax matters
• Set and reinforce standards around internal and external client and partner communications, which include email, phone or in-person interaction with clients.
• Work in partnership with other business units and colleagues to ensure a seamless experience for shared client
• Act as subject matter expert on tax matters for the Ultra High Net Worth/Complex Account team.
• Oversee the development and review of tax policies, procedures and any internal and external forms or documents related to tax and private company support
• Act as primary contact with the National Tax Manager for the escalation of technical matters for the tax group and for all Royal Trust staff and provide technical support through the delivery of advice, research, and risk analysis
• Maintain awareness of opportunities to determine areas of operational risk or potential losses. Recommend and implement action plans to address and/or correct.
• Accountable to remain current in developments in recent law and communicate those to staff where appropriate, including through educational seminars and changes to policy and procedure.
• Responsible for the tax management of a select group of complex trusts including certain trusts with US tax implications.
• Provide tax filing review support to the tax team during tax season

What do you need to succeed?

Must Have

• 10 - 15 years related experience, preferably with current public accounting practice experience
• CPA Designation
• Technological literacy

Nice to have

• Knowledge of taxation requirements for estate and trust products including U.S tax experience
• Knowledge in Common Law / Civil code relative to the Estate, Trust and Agency business is an asset
• Knowledge of financial services, securities industry including trading, settlement and Corporate Change Announcement processes
• People management, coaching and developing leading a team an asset

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 including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• 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
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business and geographies

Job Skills

Communication, Decision Making, Financial Planning and Analysis (FP&A), Knowledge Organization, Long Term Planning, Organizational Leadership, Performance Management (PM), Tax Management, Tax Operations, Tax Regulations

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-05-28

Application Deadline:

2025-06-11

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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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.