Job DescriptionWhat is the opportunity?As a Senior Manager, Commercial Banking Performance Management, you will be a strategic and analytically rigorous individual supporting the planning, forecasting, and performance management reporting for the Transaction Banking business. Acting as a strategic co-pilot for business, you will lead the preparation of business and product financials relating to annual plans, quarterly forecasts, and monthly and quarterly actual reporting. This role demands the ability to synthesize financial outcomes and insights to identify risks and opportunities and develop actionable strategies, all vital to supporting the business in driving superior long-term bank performance.
What will you do?- Lead end-to-end Performance Management for the Transaction Banking Fee Stream portfolio, including month-end and quarter-end reporting, forecasting, annual planning, and 5-year strategic outlooks
- Provide timely and insightful analysis and reporting of financials to Transaction Banking executives to support business decision-making
- Produce monthly and quarterly operating results for executive management
- Serve as the first point of contact for Transaction Banking on Finance-related inquiries and issues
- Develop and support strategic business case analysis and modeling
- Partner with Financial Control and Product Control to uphold financial integrity and support reconciliation of reporting variances
- Build and maintain financial planning models to support volume and revenue modeling, including net interest income and net interest margin analysis
- Monitor and explain key business drivers including volumes, spreads, and fees
- Translate financial insights into clear narratives and recommendations for executive-level reporting
- Conduct ad-hoc financial analysis for various product groups
- Serve as a key member of the Canadian Banking Financial Advisory team
What do you need to succeed?Must Have- Bachelor's degree in Finance, Accounting, Economics, or a related field
- 5+ years of progressive experience in FP&A, Commercial Banking, or Credit Risk
- Strong executive presence and ability to make the complex simple
- Ability to manage multiple competing priorities within tight timelines, prioritize, and work autonomously
- Proven ability to build trust with business partners and finance peers, working cross-functionally to get things done
- Demonstrated experience preparing financial content for senior management
- Exceptional financial modeling, data analysis, and communication skills
- High level of integrity, business acumen, and sound judgment
- Execute with a high sense of urgency
- Strong attention to detail
Nice to Have- Designation including CPA, CFA, and/or MBA
- Experience working in a matrix model with a high degree of confidence and collaboration with partners
- Previous track record working in a financial institution
- Experience with PowerBI, Tableau, Thinkcell, EPM, or PeopleSoft
What's in it for you?We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
- 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 SkillsBudget Management, Communication, Financial Planning and Analysis (FP&A), Organizational Leadership, Process Management, Professional Presentation
Additional Job DetailsAddress: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:2026-08-20
Application Deadline:2026-09-03
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
