Vice President, Global Investment Banking, Business Manager

RBC•New York, NY

2d•$175,000 - $200,000•Onsite

About The Position

RBC is seeking an experienced Business Manager to support Investment Banking sector teams. The role drives superior business performance and managed efficiencies by supporting the strategic direction and implementation of transformational and sustaining strategies aligned with RBC Capital Markets’ operating philosophy. The Business Manager partners with Finance, Risk, Legal, Strategy, Human Resources, Compliance, and other functions to improve the effectiveness of the business operating model and is accountable to the business for agreed goals, operational effectiveness, high performance, and sustainable value creation. The position works with group heads and business leaders on financial planning, operational initiatives, strategic reviews, new capabilities, and cost management. It serves as an integration point between the business line and functional groups, represents the business in projects, and helps ensure appropriate oversight of operational risks and controls. The role also supports workforce planning, inclusive leadership, knowledge transfer, and adherence to control requirements. This is a regular, full-time salaried position based in New York. The expected salary range is $175,000–$200,000, depending on factors including experience, skills, registration status, market conditions, and business needs. Additional compensation may include a discretionary bonus and benefits.

Requirements

Bachelor’s degree; an MBA, MA, MS, or equivalent is also cited, with a preference for an emphasis in finance or accounting.
Understanding of Investment Banking; Investment Banking experience is preferred.
Demonstrated advanced financial analysis skills and experience.
Strong leadership abilities and excellent communication and speaking skills.
Familiarity with compliance and regulatory matters to support the Business Head and liaise with functional areas.
Familiarity with operational and financial controls, support environments, and related issues.
Demonstrated project management skills.
Highly motivated, committed, and responsible, with the ability to manage conflicting priorities and requests.
Ability to take initiative and work independently while also contributing effectively as part of a team.
Maintain high standards of professional and ethical conduct.
Strategic business sense and skill in setting strategic priorities.
Organizational awareness.
Demonstrated change leadership skills.

Nice To Haves

MBA, MA, MS, or equivalent, with an emphasis in finance or accounting preferred.
Investment Banking experience.

Responsibilities

Drive financial planning and operational initiatives in partnership with group heads.
Lead and take accountability for recommendations that improve the effectiveness and efficiency of the business line.
Recommend new initiatives to enhance capabilities or manage costs in alignment with Capital Markets strategic priorities.
Ensure business awareness of key projects and secure or provide business approval where the business has approval rights.
Participate in COO and business-line updates and events, supporting integration, shared learning, and strategic updates.
Act as the integration point between the business line and functional groups.
Assist business heads with strategic business reviews, coordinating with Strategy, Finance, Risk, and other functions to incorporate holistic risk and appropriate financial and risk performance metrics.
Develop recommendations in coordination with Operations, Risk, Legal, Human Resources, Finance, Communications, and other functional groups.
Represent the business in business-specific and broader support or cross-control-function projects.
Proactively identify operational risks and control deficiencies in the business.
Promptly escalate operational risk loss events, control deficiencies, and identified risks to the line manager and relevant risk and control functions.
Demonstrate RBC’s people-driven, client-focused leadership model, including driving impact, developing people, adapting, learning, and speaking up.
Promote a values-based and inclusive workplace, embrace diverse perspectives, mitigate bias, and improve diversity representation.
Transfer knowledge at strategic and tactical levels by identifying and analyzing issues and providing proactive advice to business heads in collaboration with functional and Operations/IT experts.
Engage cross-functional team members through influence and collaboration.
Partner with Human Resources on workforce planning.
Establish monitoring structures and mechanisms to drive adherence to business-unit control requirements.
Foster individual responsibility for client experience, operational and sales excellence, and value.

Benefits

Comprehensive Total Rewards Program, including bonuses and flexible benefits.
Competitive compensation and commissions, where applicable.
Stock, where applicable.
401(k) program with company-matching contributions.
Health, dental, vision, life, and disability insurance.
Paid time-off plan.
Coaching and development opportunities from leaders.
Opportunities to make a difference and lasting impact.
Work in a dynamic, collaborative, progressive, and high-performing team.
Opportunities to do challenging work and build close relationships with clients.