Royal Bank of Canada

Director, Forecasting & Balance Sheet Analytics

Royal Bank of Canada$125K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of finance experience, with 2+ years in leadership roles
  • Proven expertise in financial planning, balance sheet, and capital management
  • Strong communication skills, both written and verbal
  • Excellent strategic thinking and business acumen
  • Advanced skills in financial modeling and analysis tools
  • Experience in team management and talent development
  • Strong problem-solving and decision-making abilities
  • Capable of leading complex, cross-functional initiatives
  • Ability to effectively present to senior stakeholders

Responsibilities

  • Lead and mentor a team of finance professionals
  • Foster a culture focused on executing transformation initiatives
  • Oversee P&L forecasting for personal and commercial banking
  • Direct balance sheet and capital analysis for deposits and lending
  • Ensure compliance and effective capital allocation in partnership with Risk Management and Treasury
  • Manage the monthly estimate process for accuracy and alignment with goals
  • Develop methodologies to improve estimate reliability and business relevance
  • Collaborate on P&L forecasts and estimates with financial advisors and support groups
  • Identify and lead initiatives to modernize finance platforms
  • Implement new tools and systems to enhance financial analysis
  • Streamline financial forecasts, planning, and reporting processes
  • Create strategic commentary on financial performance trends

Benefits

  • Comprehensive Total Rewards Program, including bonuses and flexible benefits
  • Support for professional development through coaching
  • Opportunity to make a significant, lasting impact
  • Work in a collaborative and high-performing team environment
  • Interface with senior executives across the organization
Full Job Description
Job Description

What is the opportunity?

The Director, Forecasting & Balance Sheet Analytics provides strategic leadership and guidance for the Personal Banking and Commercial Banking (PB & CB) financial planning and analysis function. This role will be responsible for leading the Balance Sheet and Capital management, Estimate and Planning enhancements, and execution of key transformation initiatives across PB & CB.

What will you do?
  • Lead and mentor a team of 3 finance professionals, providing strategic direction, performance management, and development opportunities
  • Foster a high-performing culture focused on execution of transformation initiatives and key priorities
  • Lead P&L forecasting for PB & CB Segments; maintain KPI monitoring and reporting processes against enterprise initiatives
  • Direct balance sheet and capital analysis for PB & CB deposits and lending; maintain executive awareness of key metrics, risks, trends, and strategic implications through regular reporting and ad hoc analysis
  • Partner with Risk Management and Treasury to ensure compliance and effective capital allocation
  • Own and oversee the monthly estimate process, ensuring accuracy, timeliness, and alignment with business objectives
  • Lead quarterly Assurance Review (QAR) submissions and governance requirements
  • Develop and refine estimate methodologies and controls to enhance reliability and business relevance
  • Collaborate with PB & CB Financial Advisors and functional support groups to ensure accurate P&L forecasts and estimates
  • Identify and lead digital finance platform modernization work streams to enhance financial planning, analysis, and reporting processes
  • Oversee implementation of new tools and systems to support financial analysis and decision-making
  • Identify opportunities and implement solutions to streamline forecast, planning, and reporting processes
  • Work in conjunction with enterprise systems and teams to coordinate planning deliverables
  • Develop strategic commentary and executive presentations on financial performance trends and balance sheet positioning
  • Provide business leadership with timely analysis on P&L and balance sheet performance to support decision-making


What do you need to succeed?

Must-have
  • 7+ years of progressive finance experience, including 2+ years in leadership
  • Demonstrated experience in financial planning and balance sheet / Capital Management
  • Strong leadership presence and communication skills (written and verbal)
  • Excellent strategic thinking and business acumen
  • Advanced proficiency with financial modeling and analysis tools
  • Experience managing teams and developing talent
  • Strong problem-solving and decision-making capabilities
  • Ability to lead and support complex, cross-functional initiatives
  • The ability to influence strategic decisions through compelling storytelling and presentation to senior-level stakeholders
  • Experience with slide deck and PowerPoint preparation with aesthetic, presentation-ready outputs


Nice-to-have
  • Professional designation in accounting, finance, or related field (CPA, CFA)
  • Prior experience in banking or financial services
  • Experience with process improvement and transformation initiatives
  • Strong knowledge of banking P&L, Balance Sheet and capital requirements
  • Knowledge of RBC finance tools, processes, and systems (EPM, SAP, etc.)


What's in it for you?

  • 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 level executives from many different parts of the organization


Job Skills
Accounting, Business Analytics, Decision Making, Financial Planning and Analysis (FP&A), Interpersonal Relationships, Organizational Leadership, Team Management

Additional Job Details

Address:

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-07-28

Application Deadline:

2026-08-14
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

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Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

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