Manager, Funds Transfer Pricing

RBC • Toronto, ON

1d • Onsite

About The Position

We are seeking a highly motivated and detail-oriented professional to join RBC’s Corporate Treasury team as a Retail Funds Transfer Pricing (FTP) Manager, reporting to the Associate Director, Retail FTP. As a key member of the Enterprise Balance Sheet Management team, you will play a critical role in providing pricing guidance to retail business lines, ensuring the accurate reporting of cost of funds, and driving the product profitability of core banking products. In this role, you will take ownership of essential FTP reporting processes, including the preparation of pricing indications and the daily monitoring of key market spreads. You will also contribute to the development, maintenance, and enhancement of FTP methodologies and reporting frameworks, while collaborating with cross-functional teams to support the team’s strategic objectives.

Requirements

• Bachelor's or Master's degree in Finance, Economics, Statistics, Risk Management, Data Analytics, or a related discipline.
• Strong understanding of bank balance sheets, core banking products, and business operations.
• A minimum of 3+ years of experience in financial reporting, risk management, or a related function within financial institutions.
• Proficiency in programming languages such as VBA, Python, and SQL, with advanced Excel skills.
• Ability to leverage business intelligence tools such as Tableau and Power BI for dashboarding, data visualization, and storytelling.
• Hands-on experience working with Bloomberg and other financial data platforms.
• Exceptional research and problem-solving skills, with the ability to analyze complex data and provide actionable insights.
• A collaborative and consultative approach, with the ability to work effectively as part of a team.
• Demonstrated integrity, independent thinking, and a proactive mindset.
• Strong attention to detail, with a thorough and conscientious approach to tasks.
• Self-motivated and capable of working independently in a fast-paced environment.

Nice To Haves

• Professional Designation: CPA, CFA or equivalent
• Familiarity with drivers of bank margins, FTP methodologies and their application in financial institutions.
• Solid knowledge of liquidity risk and interest rate risk principles.

Responsibilities

• Prepare and deliver daily pricing indication reports, ensuring accuracy through data validation, corrections, and analysis of results.
• Analyze short- and long-term trends in market spreads and assess their impact on FTP rates distributed to RBC business lines.
• Conduct ad-hoc FTP analyses and develop insightful presentations for senior management and internal stakeholders.
• Collaborate with other Corporate Treasury teams to support enterprise-wide initiatives and ensure alignment with organizational goals.
• Monitor and evaluate the impact of FTP methodology changes, ensuring accurate implementation and validation of updates.
• Design, document, and enhance existing controls and processes to improve efficiency and accuracy.
• Build and maintain strong relationships with business partners, providing meaningful insights and actionable information as required.

Benefits

• 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 senior management from many different parts of the organization

What This Job Offers

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