Job Summary
Job Description
What is your opportunity?
In this role as a key member of the global Financial Resource Advisory team, you will act as a subject matter expert for the Wholesale businesses, developing balance sheet analytical expertise and forward looking analytical support as well as planning and forecasting of Capital Markets’ Balance Sheet, specializing in RWA and leverage exposure.
You will collaborate closely with Business, Advisory, Performance Management and Corporate Treasury, identify and lead initiatives to advise on optimization opportunities for RWA, Leverage, and Capital.
In addition to the above, you will proactively be involved in several emerging regulatory and business projects and will collaborate with Enterprise Risk, Corporate Treasury and RBC Head Office on crucial initiatives.
What will you do?
Develop a center of expertise related to Balance Sheet, RWA, Leverage, and Capital to advise, educate and inform a wide audience of stakeholders, with an overarching goal to initiate and implement financial resource optimization efforts to maximize resource utilization and returns.
Advise business stakeholders on areas of potential risk and capital optimization and collaborate with key stakeholders to implement optimization efforts.
Enhance in-depth Wholesale businesses balance sheet analytics to support emerging regulatory environment and strategic business growth.
Partner with SMEs across the bank (such as Corporate Treasury, Group Risk Management team, etc) to proactively propose potential impacts/initiatives for Wholesale businesses related to the emerging regulatory environment (i.e. Basel III capital). Manage and develop risks and returns ratios under these constraints; identify red flags and implement processes to ensure the potential impacts of such developments and potential mitigating actions are communicated to CM OC for timely decision making.
Work closely with various groups across RBC e.g. RBC HO Performance Management, Corporate Treasury, Capital Management and Market & Credit Risk in providing insightful analysis of the key drivers and trading/non-trading and on/off balance sheet growth and conduct deep-dive analytics.
Manage the planning, forecasting and strategic business (and legal entity) reviews of CM balance sheet, Risk Weighted Assets (RWA) and leverage exposure in collaboration with BU Advisors and report on the overall quarterly/annual results
Develop and maintain various analytical models and drivers to proactively identify growth impacts on the balance sheet, clearly identify incremental value of key balance sheet lines and the potential impact on RWA / leverage exposure growth.
Collaborate with Corporate Treasury, Wholesale Finance Control Team, and BU Advisors to understand, analyze and report on RWA and Leverage for Wholesale Business.
Enhance data to support RWA and Leverage calculation and reporting. Guide and implement an enhanced Weekly RWA / Leverage reporting model and process, increasing the operational efficiency and imploring new and independent source of information.
Get involved with various projects as required and support and prepare monthly, quarterly and annual Head Office and Investor Relations related materials to report on consolidated CM business results, ad-hoc analysis and potential impacts and sensitivities.
What do you need to succeed?
CA-CPA or CFA designation holder
Other accounting or finance designation, FRM, MBA or equivalent related designation preferred
Excellent leadership, communication, analytical and project management skills
Ability to work independently and manage numerous priorities simultaneously
Minimum 3 years of high level involvement in Financial/management reporting
Proficiency with computer applications, such as Excel, PowerPoint; VBA knowledge also preferred
Strong expertise in developing and applying financial models to analyze data and enhance reporting
Nice-to-have
Exposure to Capital Markets and understanding of RBC CM business
Knowledge of RBC financial systems and associated procedures
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, Analytical Support, Analytics, Balance Sheets, Capital Management, Communication, Finance, Interpersonal Relationship Management, People Management, TeamworkAdditional Job Details
Address:
ROYAL BANK PLAZA, 200 BAY ST:TORONTOCity:
TORONTOCountry:
CanadaWork hours/week:
37.5Employment Type:
Full timePlatform:
OFFICE OF THE CFOJob Type:
RegularPay Type:
SalariedPosted Date:
2025-07-17Application Deadline:
2025-08-02Note: 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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