Associate Director, Portfolio & Major Initiatives Advisory

Job Summary

Finance provides financial oversight and guidance on Capital Markets’ largest technology programs.

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.

Job Description

What is the opportunity?

You will be the main support for financial advisory to the Capital Market Technology Investment Review Board (IRB) by ensuring strategic decisions are made with a full perspective on financials. You will administer a project benefit framework capturing revenue and cost efficiencies of investments to guide strategic decisions on the Portfolio along with finance controllership over Capital Markets Major Initiatives programs. You will strengthen CM Finance’s influence with initiative owners during the creation of benefits profile through advisory on KPIs and trackable metrics and enforce accountability on project owners for post-implementation assessment.

What will you do?

IRB Advisory

• Leverage benefits framework to guide discussion across Business Leaders to make informed strategic decisions on Capital Markets Technology portfolio.
• Integrate Capital Markets technology costs/resourcing in strategic decisions to fully understand the level of technology investment required.
• Continually monitor portfolio from inception of projects to post-implementation ensuring strategic and financial objectives are met.
• Advise on trajectory of Capital Portfolio from a CM Technology cost perspective ensuring proper financial governance is in place.

PAR Advisory

• Prepare qualitative and quantitative analysis on PARs including in-depth understanding of strategic objectives, investment and benefits, and overall impact to the CM Portfolio.
• Advisory on KPIs and Trackable metrics on PAR accompanied by production of scalable reporting to ensure Projects fulfill strategic objectives.
• 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 PAR costs and benefits to optimize project spend and determine potential synergies in investments.
• Respond to ad-hoc requests from the QTS business and CM businesses to further add strategic value by leveraging deep insight of Project costs.

Major Initiatives Advisory

• Lead financial insights for the head of Major Initiatives and the Regulatory Investment Review Board 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.
• Responsible for the financial governance, reporting, controllership and advisory to CM Major Initiatives.
• Support the Project Management Office and represent CM CFO across these programs by aiding in the creation of materials for governance forums (e.g. Steering Committees, Executive Committees).

What do you need to succeed?

Must-have

• Experience in complex wholesale business activity, namely a thorough understanding of Capital Markets businesses and transactions, and associated risks & returns.
• 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.
• 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.
• Able to consistently exercise independent thought and judgment and adapt to new tasks quickly.
• Proactive and persistent in issue resolution.

Nice-to-have

• 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.
• CPA or CFA or Finance MBA.

What’s in it for you?

We thrive on the challenge to be our best, thinking progressively 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.
• Leaders who support your development through coaching and managing opportunities.
• Ability to make a difference and lasting impact.
• Work in an agile, collaborative, progressive, and high-performing team.
• The opportunity to interface with executives from many different parts of the organization.

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: ROYAL BANK PLAZA, 200 BAY ST: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: 2025-04-15

Application Deadline: 2025-05-07

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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