Senior Manager, Chief Investment Office Finance
Top Benefits
About the role
What is the Opportunity?
As a Senior Manager, Chief Investment Office Finance you will play a central role within the Total Fund Management team of the Chief Investment Office of RBC Insurance. You will be responsible for the Finance aspects of the Chief Investment Office, including capital management, financial planning and analysis (FP&A), and budget oversight.
This position will provide insights and support on financial strategy while collaborating with senior leaders and will have the unique opportunity to support the Chief Investment Office in managing and reporting on critical financial aspects of RBC Insurance.
Your work will directly contribute to the effective management of capital, risk, and performance within the Chief Investment Office.
What will you do?
- Lead duration of equity risk reporting and rebalancing by legal entity, including currency impacts, in collaboration with Corporate Treasury.
- Provide front office perspectives on excess capital and dividend strategy in collaboration with Risk and the CFO Office.
- Develop and deliver OCI (Other Comprehensive Income) forecasting by portfolio, providing explanations for deviations vs. plan (e.g., credit spreads, interest rates).
- Partner with Data Analytics to build front office view of forecasted PnL by portfolio, including variance explanations.
- Collaborate with CFO Office on Non-Interest Expense planning, providing progress updates and management commentary.
- Own the annual IFRS9 Solely Payments of Principal and Interest (SPPI) testing process.
What do you need to succeed?
Must-have
- 6-8 years of progressive experience in treasury, accounting, capital management, FP&A, or asset management.
- Undergraduate degree in a relevant field (Finance, Accounting, Economics, etc.).
- Strong analytical mindset with experience explaining PnL, budget utilization, and forecasts to stakeholders.
- Proven ability to collaborate with senior leaders and influence financial strategy across business units.
Nice-to-have
- Technical Master’s degree (Finance, Economics, etc), CFA or Risk designation.
- Experience with IFRS9 SPPI testing and financial risk management processes.
- Exposure to product pricing and embedded risk considerations.
- Proficiency with Data Science and analytical tools (Python, Snowflake, Tableau, Power BI).
What’s in it for you?
At RBC, our culture is deeply supportive and rich in opportunity and reward. You will have the opportunity to make a difference and build lasting relationships with colleagues and leaders across the organization. We care about each other, reaching our potential, making a difference to our communities, and achieving success together.
- A comprehensive Total Rewards Program including competitive compensation, flexible benefits, and discretionary bonus opportunities.
- Exposure to senior leaders and the opportunity to influence key treasury and trading decisions.
- Leaders who support your growth with coaching and career development opportunities.
- Work in a dynamic, collaborative, high-performing team within the Chief Investment Office.
- The opportunity to take on challenging and meaningful work that directly impacts liquidity, capital efficiency, and risk management outcomes.
- RBCI software tools to boost your productivity
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.
Senior Manager, Chief Investment Office Finance
Top Benefits
About the role
What is the Opportunity?
As a Senior Manager, Chief Investment Office Finance you will play a central role within the Total Fund Management team of the Chief Investment Office of RBC Insurance. You will be responsible for the Finance aspects of the Chief Investment Office, including capital management, financial planning and analysis (FP&A), and budget oversight.
This position will provide insights and support on financial strategy while collaborating with senior leaders and will have the unique opportunity to support the Chief Investment Office in managing and reporting on critical financial aspects of RBC Insurance.
Your work will directly contribute to the effective management of capital, risk, and performance within the Chief Investment Office.
What will you do?
- Lead duration of equity risk reporting and rebalancing by legal entity, including currency impacts, in collaboration with Corporate Treasury.
- Provide front office perspectives on excess capital and dividend strategy in collaboration with Risk and the CFO Office.
- Develop and deliver OCI (Other Comprehensive Income) forecasting by portfolio, providing explanations for deviations vs. plan (e.g., credit spreads, interest rates).
- Partner with Data Analytics to build front office view of forecasted PnL by portfolio, including variance explanations.
- Collaborate with CFO Office on Non-Interest Expense planning, providing progress updates and management commentary.
- Own the annual IFRS9 Solely Payments of Principal and Interest (SPPI) testing process.
What do you need to succeed?
Must-have
- 6-8 years of progressive experience in treasury, accounting, capital management, FP&A, or asset management.
- Undergraduate degree in a relevant field (Finance, Accounting, Economics, etc.).
- Strong analytical mindset with experience explaining PnL, budget utilization, and forecasts to stakeholders.
- Proven ability to collaborate with senior leaders and influence financial strategy across business units.
Nice-to-have
- Technical Master’s degree (Finance, Economics, etc), CFA or Risk designation.
- Experience with IFRS9 SPPI testing and financial risk management processes.
- Exposure to product pricing and embedded risk considerations.
- Proficiency with Data Science and analytical tools (Python, Snowflake, Tableau, Power BI).
What’s in it for you?
At RBC, our culture is deeply supportive and rich in opportunity and reward. You will have the opportunity to make a difference and build lasting relationships with colleagues and leaders across the organization. We care about each other, reaching our potential, making a difference to our communities, and achieving success together.
- A comprehensive Total Rewards Program including competitive compensation, flexible benefits, and discretionary bonus opportunities.
- Exposure to senior leaders and the opportunity to influence key treasury and trading decisions.
- Leaders who support your growth with coaching and career development opportunities.
- Work in a dynamic, collaborative, high-performing team within the Chief Investment Office.
- The opportunity to take on challenging and meaningful work that directly impacts liquidity, capital efficiency, and risk management outcomes.
- RBCI software tools to boost your productivity
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.