FP&A Manager

Royal Bank of Canada • Raleigh, NC

1d • Hybrid

About The Position

Join RBC Bank in Raleigh, NC, a subsidiary of Royal Bank of Canada that provides cross-border banking advice and solutions for Canadians in the U.S., as our new Forecasting and Planning Analyst. In this role, you will support RBC Bank’s growth and management of risk by supporting the Balance Sheet and Income Statement Forecasting process, preparing reporting and analysis for senior management, regulatory and Board purposes, assisting in the Capital Planning process, and supporting RBC IHC CCAR reporting and stress testing. You will support the FP&A and Business Performance Director by leading forecasting, planning, financial modeling and performance reporting activities, while driving insights and support strategic decision making.

Requirements

• BS/BA in Finance or higher degree
• 4-6 years of financial planning, forecasting and analysis experience
• Experience managing large amounts of data in order to develop reporting and analysis for strategic decision making and presenting the information to senior leaders
• Advanced PowerPoint and Microsoft Excel skills (e.g. Financial Modelling, Advanced Functions, and Pivot Tables)
• Prior experience implementing process transformations

Nice To Haves

• 2-3 years of experience in the banking industry
• Experience with data reporting, ETL tools and data visualization tools (e.g. Tableau)

Responsibilities

• Lead the annual planning, forecasting, 5-Year Outlook processes for the cross-border banking business, ensuring alignment with strategic objectives, financial targets, and executive expectations.
• Support reporting to senior management summarizing each forecasting exercise in the annual planning cycle and highlighting the bank’s actual and forecasted performance as it relates to business drivers, risks, and opportunities.
• Partner with business leaders to gather, challenge, and validate assumptions related to client growth, deposits, lending, revenues, expenses, and strategic initiatives.
• Perform scenario analysis and sensitivity modeling to assess the impact of macroeconomic conditions, market trends, regulatory changes, and strategic initiatives on financial performance.
• Support strategic initiatives by evaluating business cases, financial impacts, profitability, and performance tracking.
• Collaborate with Finance, Treasury, Accounting, Risk, Data & Analytics, and business partners to ensure consistency, integrity, and alignment of financial assumptions and reporting.
• Assist in development of annual RBC Bank Capital Plan and associated stress testing process
• Entry and upload of the Planning & Forecast results within the Enterprise Performance Management system (EPM)
• Drive improvement initiatives and actions to enhance operational performance, analyze and redesign processes to eliminate efficiencies and work on automation projects.
• Support the monthly Business Performance Reporting process through the preparation, analysis, and communication of key financial, operational, and client metrics, highlighting performance versus Plan, Forecast, and Prior Year.
• Develop executive dashboards and KPI reporting packages that provide actionable insights into business performance, strategic priorities, growth initiatives, client acquisition, product performance, profitability, and emerging trends.

Benefits

• A comprehensive Total Rewards Program including competitive compensation, bonuses, and flexible benefits
• Continued opportunities for career advancement
• World-class sales training, coaching, and development opportunities
• Support from a dynamic, collaborative, progressive, and high performing team, as well as world-class tools and training
• Opportunity to achieve great success and grow your career with RBC

What This Job Offers

• Job Type: Full-time
• Career Level: Manager