Royal Bank of Canada

Manager, Balance Sheet Advisory

Royal Bank of Canada$90K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Accounting Designation (CPA), CFA, or MBA required
  • Minimum 4 years in Performance Management at a Financial Institution
  • Advanced proficiency in Excel, MS Access, SQL, Python, and TM1
  • Excellent verbal and written communication skills
  • Strong organizational skills with attention to detail
  • Ability to manage multiple tasks and adapt to changing priorities
  • Experience with Capital Markets products

Responsibilities

  • Enhance data for RWA and Leverage calculations and reporting
  • Develop a center of expertise on Balance Sheet and Capital optimization
  • Advise business stakeholders on risk and capital optimization opportunities
  • Support in-depth analysis for financial resource management
  • Manage planning and forecasting for CM balance sheet and RWA
  • Develop risk and return ratios under financial resource constraints
  • Maintain analytical models to assess growth impacts on the balance sheet
  • Collaborate with Treasury and Finance teams to analyze RWA and Leverage

Benefits

  • Comprehensive Total Rewards Program including bonuses and flexible benefits
  • Development opportunities through coaching and mentorship
  • Chance to make a significant, lasting impact
  • Collaborative and high-performing work environment
  • Opportunity to engage with senior executives across the organization
Full Job Description
Job Description

What is the opportunity?

This position combines financial resources (Balance Sheet, RWA, Leverage, and Capital) subject matter expertise with data reporting capabilities. This position will support business stakeholders in understanding financial resource reporting while pursuing data enhancements to streamline processes and improve calculation efficacy across model reporting.

The Manager , Balance Sheet Advisory will support and assist initiatives to advise on optimization opportunities for Balance Sheet, RWA, Leverage, and Capital and support the implementation of an enhanced Weekly RWA / Leverage reporting model and process, increasing the operational efficiency and imploring new and independent sources of information.

This position will support the development of balance sheet analytical expertise and forward looking analytical support as well as planning and forecasting of Capital Markets' Balance Sheet, including RWA, leverage exposure and liquidity.

What you will do?
  • Assist in the enhancement of data to support RWA and Leverage calculation and reporting. Support the implementation of an enhanced Weekly RWA/ Leverage reporting model and process, increasing the operational efficiency and imploring new and independent sources of information.
  • Support in the development of a center of expertise related to Balance Sheet, RWA, Leverage, and Capital to advise, educate and inform a wide audience of stakeholders, with an overarching goal to initiate and implement financial resource optimization efforts to maximize resource utilization and returns.
  • Support the advisory to business stakeholders on areas of potential risk and capital optimization and collaborate with key stakeholders to implement optimization efforts.
  • Assist in the enhancement of in-depth Wholesale businesses financial resources analytics to support emerging regulatory environment and strategic business growth.
  • Assist in managing the planning, forecasting and strategic business (and legal entity) reviews of CM balance sheet, Risk Weighted Assets (RWA) and leverage exposure in collaboration with BU Advisors and report on the overall monthly/quarterly/annual results
  • Assist in the management and development of risk and returns ratios under key financial resource constraints; identify red flags and implement processes to ensure the potential impacts of such developments and potential mitigating actions are communicated to CM OC for timely entity analysis and new business proposals, driven by various stakeholders across CM, RBC HO and/or OSFI.
  • Support the development and maintenance of analytical models and drivers to proactively identify growth impacts on the balance sheet, clearly identify incremental value of key balance sheet lines and the potential impact on RWA/ leverage exposure growth.
  • Collaborate with Corporate Treasury, Wholesale Finance Control Team, and BU Advisors to understand, analyze and report on RWA and Leverage for Wholesale Businesses.
  • Participate in various projects as required and support and prepare monthly, quarterly and annual Head Office and Investor Relations related materials to report on consolidated CM business results, ad-hoc analysis and potential impacts and sensitivities.


What you need to succeed?

Must Have
  • Accounting or Finance Designation including CPA, CFA, or MBA
  • 3+ years' experience working in a Performance Management type role in a Financial Institution
  • Advanced level of expertise in Excel - you will need to be fully proficient in building Pivot Tables, Slicers, and debugging VBA code
  • Experience with MS Access, Python, and TM1 is needed.
  • You will need to know how to build a dashboard from scratch on Tableau.
  • Your SQL knowledge will need to be upper intermediate, you'll be creating tables, you will have mastered joins and data aggregation.
  • Strong verbal and written communication skills
  • Organization skills and ability to multi-tasking, attention to detail
  • Ability to work flexibly and to adapt to changing priorities
  • Exposure to Capital Markets products - you will need to understand RWA and Leverage concepts.


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, Decision Making, Financial Planning and Analysis (FP&A), Financial Reporting and Analysis, Results-Oriented

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST: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:

2026-04-08

Application Deadline:

2026-06-12
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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