About the role
Job Description
What is the opportunity?
The Senior Manager, Functions Finance - GRM provides financial and strategic advice and analysis to the Group Risk Managements’ Senior Leadership to improve financial performance and the quality of business decisions for operating costs.
This role will act as a key leader in driving change and improvements within the group, including assisting in the evolution of the functions shared service model including implementing best practices; while working with GRM executives to enable transparency of cost allocations to businesses by supporting development of allocation methodologies, performing impact analysis of allocation rate changes.
What you will do?
- Responsible for coordinating planning, forecasting, and management reporting for Senior Executives.
- Provides proactive advice to executives/senior management on business performance, cost trends, early warnings and savings opportunities.
- Lead monthly estimate by proactively monitoring, analyzing and reporting on financial trends relative to business volumes / drivers as well as external factors.
- Ensure the integrity, accuracy, completeness of financial information.
- Responsible for supporting the business in providing advice on the allocation of costs to the various business platforms and for proactively leading, maintaining and supporting the cost allocation framework.
- Work in a collaborative environment with finance colleagues to foster a more complete end to end understanding of the functions allocated costs
- Proactively support the finance and business transformations.
- Actively look for streamlining opportunities and low value activities that can be discontinued
What you need to succeed?
Must Have
- CA, CMA, CGA, MBA, CFA or equivalent with 5+ years work experience gained through a varied working career including positions in numerous facets of RBC or another financial institution.
- Excellent communication skills, both oral & written, with good interpersonal skills in order to establish relationships across all levels of the enterprise.
- Experience in financial reporting & analysis and cost management.
- Highly proficient with Excel and PowerPoint
- Experience with unique financial systems such as EPM (Cognos TM1).
- Solid business acumen and problem-solving skills.
- Ability to work well under pressure and in a team setting.
- Curious and proactive mindset with a focus on continuous improvement
- Comfortable dealing with incomplete information, uncertainty, and change
Nice to Have
- Knowledge and understanding of banking products and processes.
Job Skills
Budget Management, Communication, Financial Planning and Analysis (FP&A), Organizational Leadership
Additional Job Details
Address:
20 KING ST 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:
2025-09-26
Application Deadline:
2025-10-13
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, Functions Finance - GRM provides financial and strategic advice and analysis to the Group Risk Managements’ Senior Leadership to improve financial performance and the quality of business decisions for operating costs.
This role will act as a key leader in driving change and improvements within the group, including assisting in the evolution of the functions shared service model including implementing best practices; while working with GRM executives to enable transparency of cost allocations to businesses by supporting development of allocation methodologies, performing impact analysis of allocation rate changes.
What you will do?
- Responsible for coordinating planning, forecasting, and management reporting for Senior Executives.
- Provides proactive advice to executives/senior management on business performance, cost trends, early warnings and savings opportunities.
- Lead monthly estimate by proactively monitoring, analyzing and reporting on financial trends relative to business volumes / drivers as well as external factors.
- Ensure the integrity, accuracy, completeness of financial information.
- Responsible for supporting the business in providing advice on the allocation of costs to the various business platforms and for proactively leading, maintaining and supporting the cost allocation framework.
- Work in a collaborative environment with finance colleagues to foster a more complete end to end understanding of the functions allocated costs
- Proactively support the finance and business transformations.
- Actively look for streamlining opportunities and low value activities that can be discontinued
What you need to succeed?
Must Have
- CA, CMA, CGA, MBA, CFA or equivalent with 5+ years work experience gained through a varied working career including positions in numerous facets of RBC or another financial institution.
- Excellent communication skills, both oral & written, with good interpersonal skills in order to establish relationships across all levels of the enterprise.
- Experience in financial reporting & analysis and cost management.
- Highly proficient with Excel and PowerPoint
- Experience with unique financial systems such as EPM (Cognos TM1).
- Solid business acumen and problem-solving skills.
- Ability to work well under pressure and in a team setting.
- Curious and proactive mindset with a focus on continuous improvement
- Comfortable dealing with incomplete information, uncertainty, and change
Nice to Have
- Knowledge and understanding of banking products and processes.
Job Skills
Budget Management, Communication, Financial Planning and Analysis (FP&A), Organizational Leadership
Additional Job Details
Address:
20 KING ST 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:
2025-09-26
Application Deadline:
2025-10-13
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.