About the role
Job Description
What is the opportunity?
The Senior Manager Commercial Banking NIE, P&CB Finance is a finance lead role responsible for the analysis and reporting of direct and indirect expenses, including FTE, for Commercial Banking. Working in close collaboration with finance and external partners, to enhance cost transparency and develop modelling that provides insight and actionable information to management for effectively controlling cost growth.
What you will do?
- Developing the components (including enhancing and maintaining productivity and key drivers dashboards to incorporate into Plan and forecast); Coordinate annual plan and 5 year strategic Planning process and related business reviews, focusing on alignment with strategy
- Responsible for providing timely and insightful analysis and reporting of financials to Commercial Banking OC, including monthly/quarterly actual, forecast/annual plan/5-year strategic planning and quarterly volume benchmarking with peers
- Reporting related to Commercial Banking direct and indirect expenses, and acting as center of expertise on matters relating to Investment Spend and Business as Usual spend within Professional Fees
- Compiling expense and full-time-employee (FTE) data from across Commercial Banking (CB), including Operations and distribution channels; completing analysis and written commentary explaining variances for reporting periods
- Management of monthly best estimates reporting processes identifying early view of actual results
- Providing advice to executives/senior management on cost trends, early warnings, and savings opportunities
- Assists Commercial Banking efficiency management programs to ensure Commercial Banking/Canadian Banking achieve its’ targeted operating metrics.
- Act as backup for critical processes within BFS Finance team as assigned
What do you need to succeed?
Must Have
- 5+ years of relevant finance and industry experience
- CPA/CFA//MBA Strong understanding of the drivers of performance and outcome measures of Business products, RBC, and the financial industry
- Cross enterprise mindset
- Excellent written and oral communication skills and ability to influence.
- Focused on continuous improvement
- Creative, innovative, proactive and strategic business sense
- Strong knowledge of RBC planning, reporting and forecasting processes
- Superior financial modeling skills (ie. strong Excel modeling skills) and technical skills (ie. Tableau database management)
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:
RBC WATERPARK PLACE, 88 QUEENS QUAY 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:
2025-09-18
Application Deadline:
2025-10-04
Note**:** Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
I****nclusion 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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
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.
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.
About the role
Job Description
What is the opportunity?
The Senior Manager Commercial Banking NIE, P&CB Finance is a finance lead role responsible for the analysis and reporting of direct and indirect expenses, including FTE, for Commercial Banking. Working in close collaboration with finance and external partners, to enhance cost transparency and develop modelling that provides insight and actionable information to management for effectively controlling cost growth.
What you will do?
- Developing the components (including enhancing and maintaining productivity and key drivers dashboards to incorporate into Plan and forecast); Coordinate annual plan and 5 year strategic Planning process and related business reviews, focusing on alignment with strategy
- Responsible for providing timely and insightful analysis and reporting of financials to Commercial Banking OC, including monthly/quarterly actual, forecast/annual plan/5-year strategic planning and quarterly volume benchmarking with peers
- Reporting related to Commercial Banking direct and indirect expenses, and acting as center of expertise on matters relating to Investment Spend and Business as Usual spend within Professional Fees
- Compiling expense and full-time-employee (FTE) data from across Commercial Banking (CB), including Operations and distribution channels; completing analysis and written commentary explaining variances for reporting periods
- Management of monthly best estimates reporting processes identifying early view of actual results
- Providing advice to executives/senior management on cost trends, early warnings, and savings opportunities
- Assists Commercial Banking efficiency management programs to ensure Commercial Banking/Canadian Banking achieve its’ targeted operating metrics.
- Act as backup for critical processes within BFS Finance team as assigned
What do you need to succeed?
Must Have
- 5+ years of relevant finance and industry experience
- CPA/CFA//MBA Strong understanding of the drivers of performance and outcome measures of Business products, RBC, and the financial industry
- Cross enterprise mindset
- Excellent written and oral communication skills and ability to influence.
- Focused on continuous improvement
- Creative, innovative, proactive and strategic business sense
- Strong knowledge of RBC planning, reporting and forecasting processes
- Superior financial modeling skills (ie. strong Excel modeling skills) and technical skills (ie. Tableau database management)
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:
RBC WATERPARK PLACE, 88 QUEENS QUAY 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:
2025-09-18
Application Deadline:
2025-10-04
Note**:** Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
I****nclusion 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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
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.
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.