Senior Manager, Productivity & Efficiency, T&O
Top Benefits
About the role
Job Description
What is the opportunity?
We are seeking an experienced Senior Manager, Productivity & Efficiency to lead Technology & Operations (T&O) efforts in driving efficiency across our organization. The successful candidate will be responsible for developing financial models to track benefits across various T&O productivity and efficiency (P&E) initiatives, analyzing data to identify incremental cost saving opportunities, implementing changes that result in increased productivity, and standing up effective stakeholder engagement models to facilitate transparency and fast adoption.
What will you do?
- Develop and maintain complex financial models, create accurate cash flow projections, conduct thorough cost-benefit analyses, and implement tracking mechanisms to monitor progress against their initial benefits targets.
- Apply logical criteria in evaluating T&O-sponsored business cases to justify or prioritize investments in technologies and initiatives, working closely with the Strategy and Governance team to streamline the review activities.
- Design and implement metrics (KPIs) to measure P&E initiative success and track progress against established financial goals, working closely with the Data Enablement and Financial Transformation teams to enable real-time reporting and analytics for P&E programs.
- Collaborate with planning teams to develop centrally-governed processes, where applicable, to enable consistency in delivery and consolidated reporting.
- Support the Investment Review Board to prioritize opportunities by ensuring benefits projections are data-driven and quality-controlled by validating assumptions in a timely manner.
- Support initiatives to drive stakeholder engagement including preparation of decks and materials for roadshows, as well as participation in program review sessions.
- Foster a culture of continuous improvement, encouraging employees to identify tasks that can be stopped or automated, and supporting the impact assessment.
- Stay up-to-date with industry trends and best practices in productivity and efficiency, and apply this knowledge to drive innovation and improvement.
What do you need to succeed?
Must have:
- Bachelor’s degree in Business Administration, Finance, Engineering, or a related field
- At least 5+ years’ experience developing financial models and identifying appropriate data sources to enable insightful reporting
- Experience with end-to-end business case development including preparing a cost benefit analysis, value proposition, risk assessment and mitigation strategy.
- Experience implementing change, process mapping and developing / implementing governance structures which has high impact to cross functional partners
- Experience with monthly financial performance reporting, and complete thorough variance analysis between target and actuals.
- Advanced proficiency in Microsoft Office, particularly Excel and PowerPoint
- Strong analytical, problem-solving skills, and project management skills, with a proven ability to manage multiple initiatives simultaneously and independently
Nice-to-have :
- Familiarity with data analytics and business intelligence tools such as Power BI, Tableau or other data analysis and visualization software
- Excellent communication and interpersonal skills, with the ability to influence and collaborate with stakeholders at all levels
- Naturally curious about technology, a self-starter, resourceful, and highly adaptive
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
- A world-class training program in financial services
- Flexible work/life balance options
- Opportunities to do challenging work
- Opportunities to take on progressively greater accountabilities
#LI-POST
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, Productivity & Efficiency, T&O
Top Benefits
About the role
Job Description
What is the opportunity?
We are seeking an experienced Senior Manager, Productivity & Efficiency to lead Technology & Operations (T&O) efforts in driving efficiency across our organization. The successful candidate will be responsible for developing financial models to track benefits across various T&O productivity and efficiency (P&E) initiatives, analyzing data to identify incremental cost saving opportunities, implementing changes that result in increased productivity, and standing up effective stakeholder engagement models to facilitate transparency and fast adoption.
What will you do?
- Develop and maintain complex financial models, create accurate cash flow projections, conduct thorough cost-benefit analyses, and implement tracking mechanisms to monitor progress against their initial benefits targets.
- Apply logical criteria in evaluating T&O-sponsored business cases to justify or prioritize investments in technologies and initiatives, working closely with the Strategy and Governance team to streamline the review activities.
- Design and implement metrics (KPIs) to measure P&E initiative success and track progress against established financial goals, working closely with the Data Enablement and Financial Transformation teams to enable real-time reporting and analytics for P&E programs.
- Collaborate with planning teams to develop centrally-governed processes, where applicable, to enable consistency in delivery and consolidated reporting.
- Support the Investment Review Board to prioritize opportunities by ensuring benefits projections are data-driven and quality-controlled by validating assumptions in a timely manner.
- Support initiatives to drive stakeholder engagement including preparation of decks and materials for roadshows, as well as participation in program review sessions.
- Foster a culture of continuous improvement, encouraging employees to identify tasks that can be stopped or automated, and supporting the impact assessment.
- Stay up-to-date with industry trends and best practices in productivity and efficiency, and apply this knowledge to drive innovation and improvement.
What do you need to succeed?
Must have:
- Bachelor’s degree in Business Administration, Finance, Engineering, or a related field
- At least 5+ years’ experience developing financial models and identifying appropriate data sources to enable insightful reporting
- Experience with end-to-end business case development including preparing a cost benefit analysis, value proposition, risk assessment and mitigation strategy.
- Experience implementing change, process mapping and developing / implementing governance structures which has high impact to cross functional partners
- Experience with monthly financial performance reporting, and complete thorough variance analysis between target and actuals.
- Advanced proficiency in Microsoft Office, particularly Excel and PowerPoint
- Strong analytical, problem-solving skills, and project management skills, with a proven ability to manage multiple initiatives simultaneously and independently
Nice-to-have :
- Familiarity with data analytics and business intelligence tools such as Power BI, Tableau or other data analysis and visualization software
- Excellent communication and interpersonal skills, with the ability to influence and collaborate with stakeholders at all levels
- Naturally curious about technology, a self-starter, resourceful, and highly adaptive
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
- A world-class training program in financial services
- Flexible work/life balance options
- Opportunities to do challenging work
- Opportunities to take on progressively greater accountabilities
#LI-POST
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.