Associate, U.S. Region Financial Performance Management
About The Position
What is the Opportunity? Support the US financial performance management (FPM) team in performing financial performance analysis and strategic analysis for RBC’s US businesses (management view) such as US Capital Markets, CNB, Wealth Management and RBC Bank. Coordinate and collaborate on the process for Quarterly Business Review (QBR) for RBC US Region for US CEO Update to RBC CEO. Support the FPM processes including management reporting, annual operating plan/5 Year Outlook, strategic projects and develop financial performance analytics by collecting and analyzing data from various systems/platforms and presenting the summary to management. Support business advisory responsibilities through business engagement, strategic analytics and projects. What will you do? Support financial performance analysis (US GAAP) and strategic projects for US Legal entities (including RIHC, CUSO, and CMLLC) and integration of RBC’s management reporting framework/system into RBC’s Combined US Operations (CUSO) and the Intermediate Holding Company (IHC). Support the production of the annual business plan/ 5-year outlook/ quarterly forecasts and presenting the regional view US CFO /senior management. Maintain and enhance US Finance reporting capabilities through automation, EPM enhancements, and development of new analytics. Develop financial performance analytics for quarterly RIHC Board meetings and partner with various platform finance teams for commentary. Provide support to Senior Managers on requests that may range from ad hoc projects, management reporting, to data mining. Provide legal entity financials based on regulatory requests and exams. Aide in translating business strategy into the financial Impact, and expected results, which include identifying financial risks and opportunities. Support senior business leaders with financial insights including reviewing financial results, peer comparable, what-If analysis with respect to new initiatives and/or new businesses, and financial Impacts of regional business strategies. Partner with Financial Control teams for IHC and CM LLC goodwill impairment analysis by providing critical inputs such as legal entity earnings forecasts. Support legal entity forecasting process (US GAAP and IFRS) to provide critical inputs to US and Head Office Tax teams for tax planning. Support Capital Markets financial performance analysis (management view) and provide the DFR updates to US CFO. What do you need to succeed?
Requirements
- 3-5 year of relevant work experience
- Degree in Accounting/Finance
- Broad comprehension of Capital Markets and Financial Services Industry
- Experience using IBM Cognos/TM1
- Demonstrated advanced expertise in Word, Excel, and PowerPoint
- Advanced analytical skills and experience
- Broad understanding of U.S. regulatory environment including FBO’s and IHCs
- Strong presentational and public speaking activities
Nice To Haves
- Strategic business sense and organizational awareness
- Independent and critical thinker
- Effective communication & comfort level interacting with senior executives on a regular basis
- Must be operationally savvy, action-oriented who continually strives for improvement
- Results-driven, ability to meet deadlines and exceed expectations
- Fosters an environment based upon responsibility and accountability to drive execution
- Dealing with ambiguity and uncertainty
Responsibilities
- Support financial performance analysis (US GAAP) and strategic projects for US Legal entities (including RIHC, CUSO, and CMLLC) and integration of RBC’s management reporting framework/system into RBC’s Combined US Operations (CUSO) and the Intermediate Holding Company (IHC).
- Support the production of the annual business plan/ 5-year outlook/ quarterly forecasts and presenting the regional view US CFO /senior management.
- Maintain and enhance US Finance reporting capabilities through automation, EPM enhancements, and development of new analytics.
- Develop financial performance analytics for quarterly RIHC Board meetings and partner with various platform finance teams for commentary.
- Provide support to Senior Managers on requests that may range from ad hoc projects, management reporting, to data mining.
- Provide legal entity financials based on regulatory requests and exams.
- Aide in translating business strategy into the financial Impact, and expected results, which include identifying financial risks and opportunities.
- Support senior business leaders with financial insights including reviewing financial results, peer comparable, what-If analysis with respect to new initiatives and/or new businesses, and financial Impacts of regional business strategies.
- Partner with Financial Control teams for IHC and CM LLC goodwill impairment analysis by providing critical inputs such as legal entity earnings forecasts.
- Support legal entity forecasting process (US GAAP and IFRS) to provide critical inputs to US and Head Office Tax teams for tax planning.
- Support Capital Markets financial performance analysis (management view) and provide the DFR updates to US CFO.
Benefits
- 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
- Opportunities to do challenging work
- Opportunities to building close relationships with clients
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
