Senior Manager, Chief Investment Office Finance
RBC
Job Description
What is the Opportunity?
As a Senior Manager, Chief Investment Office Finance you will play a central role within the Total Fund Management team of the Chief Investment Office of RBC Insurance. You will be responsible for the Finance aspects of the Chief Investment Office, including capital management, financial planning and analysis (FP&A), and budget oversight.
This position will provide insights and support on financial strategy while collaborating with senior leaders and will have the unique opportunity to support the Chief Investment Office in managing and reporting on critical financial aspects of RBC Insurance.
Your work will directly contribute to the effective management of capital, risk, and performance within the Chief Investment Office.
What will you do?
- Lead duration of equity risk reporting and rebalancing by legal entity, including currency impacts, in collaboration with Corporate Treasury.
- Provide front office perspectives on excess capital and dividend strategy in collaboration with Risk and the CFO Office.
- Develop and deliver OCI (Other Comprehensive Income) forecasting by portfolio, providing explanations for deviations vs. plan (e.g., credit spreads, interest rates).
- Partner with Data Analytics to build front office view of forecasted PnL by portfolio, including variance explanations.
- Collaborate with CFO Office on Non-Interest Expense planning, providing progress updates and management commentary.
- Own the annual IFRS9 Solely Payments of Principal and Interest (SPPI) testing process.
What do you need to succeed?
Must-have
- 6-8 years of progressive experience in treasury, accounting, capital management, FP&A, or asset management.
- Undergraduate degree in a relevant field (Finance, Accounting, Economics, etc.).
- Strong analytical mindset with experience explaining PnL, budget utilization, and forecasts to stakeholders.
- Proven ability to collaborate with senior leaders and influence financial strategy across business units.
Nice-to-have
- Technical Master’s degree (Finance, Economics, etc), CFA or Risk designation.
- Experience with IFRS9 SPPI testing and financial risk management processes.
- Exposure to product pricing and embedded risk considerations.
- Proficiency with Data Science and analytical tools (Python, Snowflake, Tableau, Power BI).
What’s in it for you?
At RBC, our culture is deeply supportive and rich in opportunity and reward. You will have the opportunity to make a difference and build lasting relationships with colleagues and leaders across the organization. We care about each other, reaching our potential, making a difference to our communities, and achieving success together.
- A comprehensive Total Rewards Program including competitive compensation, flexible benefits, and discretionary bonus opportunities.
- Exposure to senior leaders and the opportunity to influence key treasury and trading decisions.
- Leaders who support your growth with coaching and career development opportunities.
- Work in a dynamic, collaborative, high-performing team within the Chief Investment Office.
- The opportunity to take on challenging and meaningful work that directly impacts liquidity, capital efficiency, and risk management outcomes.
- RBCI software tools to boost your productivity
Job Skills
Analytical Thinking, Commercial Acumen, Critical Thinking, Decision Making, Financial Regulation, Interest Rate Risk Management, Risk Management, Strategic Thinking, Treasury ManagementAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.