Royal Bank of Canada

Manager, Major Initiatives Advisory

Royal Bank of Canada • $100K — $120K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Undergraduate degree in finance/business or related field
  • 2 years of experience in complex wholesale business activity with a focus on Capital Markets
  • Experience in management reporting, analysis, and stakeholder interactions
  • Strong team leadership abilities and interpersonal skills
  • Excellent analytical skills with the ability to multitask under pressure
  • Proficiency in Microsoft Excel and PowerPoint, with data mining skills
  • Strong problem-solving abilities and adaptability in new tasks

Responsibilities

  • Prepare financial insights for strategic investment decisions
  • Enhance internal capabilities in cost reporting across CM Finance
  • Develop subject matter expertise in cost lines for savings initiatives
  • Oversee financial governance and reporting for major initiatives
  • Utilize technologies like Tableau for project standardization
  • Support the Project Management Office in governance materials creation
  • Conduct month-end close activities and monitor financial variances

Benefits

  • Comprehensive Total Rewards Program including bonuses and flexible benefits
  • Leaders support development through coaching and opportunities
  • Opportunity to make a significant impact
  • Work in an agile, collaborative, and high-performing team
  • Interface with executives across the organization
Full Job Description
Job Description

What is the opportunity?

This role offers a dynamic opportunity to serve as a financial advisor to the Major Initiatives PMO team, where you will be instrumental in driving strategic financial planning and analysis across RBC's Capital Markets division. You will build strong partnerships with Major Initiative Projects, providing comprehensive financial advisory support that enhances project delivery and strengthens Finance's strategic alignment. Your key responsibilities will include developing scalable frameworks for project controls, reporting, and analytics, while delivering exceptional financial analysis to support continuous performance monitoring. You will enable critical business decisions through rigorous financial analysis spanning investment prioritization, staffing optimization, and asset planning.

This fast-paced, high-visibility role is ideal for forward-thinking professionals who thrive in innovative environments, embrace complex challenges, and are committed to making a tangible impact on RBC's strategic priorities around productivity and efficiency.

What will you do?

  • Prepare financial insights for the head of Major Initiatives and the Regulatory Review Board to enable strategic decisions on investments, hiring and cost management. This spans both departmental expenditures as well as financial insights and advisory to the group's interactions with other CM businesses on a recurring basis.
  • Further enhance and build on Finance's internal capabilities in cost reporting to proliferate learnings and best practices across CM Finance's Advisory teams.
  • Building subject matter expertise on all cost lines and opportunities that can be used to further support cost saving initiatives.
  • Responsible for the financial governance, reporting, controllership and advisory to CM Major Initiatives such as the IBOR program, Regulatory Margin Requirements and Global Surveillance Programs. This includes a deep understanding of the allocation of each project to the front office.
  • Proliferate the use of technologies such as Tableau and automation to create scale and standardization across projects.
  • Support the Project Management Office and represent CM CFO across these programs by helping to create materials for their governance forums (e.g., Steering Committees, Executive Committees).
  • Support the development of PAR Financials and analysis of proposed business cases for CM to ensure alignment with CM priorities.
  • Provide line of sight and business case review for COO sponsored initiatives.
  • Perform select month end close activities and assist in the preparation of transit financial plan for select COO Functions areas and monitoring variances to forecast.


What do you need to succeed?

Must Have

  • Undergraduate degree in finance/business or related fields
  • 2 Years' Experience in complex wholesale business activity, namely a thorough understanding of Capital Markets businesses and transactions, and associated risks & returns.
  • Experience in management reporting and analysis, stakeholder interactions and relationship management.
  • Strong team and people management abilities, and ability to play a leadership role across a wide group of peers.
  • Keen sense of numbers and strong analytical skills with ability to multitask and handle high-pressure executive level requests on a continuous basis
  • Excellent leadership and interpersonal skills with a strong ability to influence stakeholders and mobilize groups to deliver on common goals.
  • Excellent organizational, analytical and problem-solving skills.
  • Able to consistently exercise independent thought and judgment and adapt to new tasks quickly.
  • Proactive and persistent in issue resolution.
  • Experience in complex wholesale business activity, management reporting and analysis, and/or financial resource optimization (capital, funding, and liquidity).
  • Very strong Microsoft Excel and PowerPoint Presentation skills required, with data mining skill and ability to explore new technologies to enhance the delivery of financial information.


Nice-to- Have

  • Pursuing CPA or CFA designation
  • Solid experience and good understanding of bank structure, financial markets and instruments


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 executives from many different parts of the organization


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

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:

2026-08-12

Application Deadline:

2026-09-30
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
Finance & Insurance
5 Year Trend
+8.7%
NASDAQ
RY
* Ladders Estimates

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