[ref. b10885704] Senior Manager, Client Profitability

apartmentRoyal Bank of Canada placeToronto calendar_month 

Job Summary

Job Description

What is the opportunity?

The Client Experience Design & Insights (CXDI) Team consists of COEs from Design Thinking, Market Research, Profitability and Analytics with a focus on the delivery of optimized end-to-end client experiences that are aligned to the collective needs or our clients, employees, and business partners.
The Senior Manager, Client Profitability supports Personal and Commercial Banking (P&CB) strategic priorities by ensuring the accuracy of multiple client profitability models (CCVM) and engaging business and finance stakeholders in supporting strategic initiatives which leverage client profitability information.

The role is accountable for promoting how to successfully integrate client profitability within RBC’s data strategy to enhance and differentiate the client experience. The role is also accountable for the successful achievement of agreed upon goals and objectives, contributing to a high level of performance, a superior client experience, and high levels of employee engagement.

What will you do?
  • Effectively engage business and finance stakeholders to facilitate appropriate use of client profitability information in the synthesis of business strategies.
  • Engage key business and finance stakeholders to identify potential enhancements that will solve business problems and add business value.
  • Responsible for the accuracy of the client profitability model through periodic reconciliation to P&CB financial reports.
  • Monitor industry best practices in client profitability measurement and recommend changes as appropriate.
  • Manage client profitability development activities to ensure on time on budget project completion.
  • Enhance governance procedures to ensure financial accuracy of the model.
  • Promote how client profitability application (CCVM) can be leveraged for client pricing, client incentives, and product design decisions by providing advice on profitability and client diagnostic drivers to support Business Case opportunities and ROI measurements.

What do you need to succeed?

Must-have:

  • A strategic business analytics professional with 5+ years of progressively responsible experience in the Financial Industry.
  • A strong business / finance / profit orientation.
  • Advanced analytical and problem-solving skills.
  • Strong consulting mindset to thoroughly understand what we are solving for and how to model profit drivers.
  • Growth mindset: doesn’t accept the status quo. Asks ‘is there a better way to do this?’

Nice to Have:

  • Undergraduate or Master’s degree with focus in quantitative discipline (Statistics, Engineering, Economics, Finance)
  • Proficient with programming languages such as SQL

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, competitive compensation
  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to take on progressively greater accountabilities.

Job Skills

Business Intelligence (BI), Commercial Acumen, Critical Thinking, Customer Analytics, Detail-Oriented, Requirements Analysis, Results-Oriented

Additional Job Details

Address:

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

  1. 5

Employment Type:

Full time

Platform:

PERSONAL & COMMERCIAL BANKING

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-11-05

Application Deadline:

2024-11-20

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 embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

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.

apartmentRoyal Bank of CanadaplaceToronto
Job Summary Job Description What is the opportunity? As Senior Manager, High Risk Sectors you support the Director, High Risk Sectors (High Risk Client Management) by providing tactical direction and end-to-end ownership and execution of core...
apartmentBDO CanadaplaceToronto
we offer an award-winning environment that fosters a people-first culture with a high priority on your personal and professional growth. Your Opportunity Our National Office is looking for an experienced and dynamic Senior Manager, Executive Trainer...
business_centerHigh salary

Senior Manager, Decommissioning Lead

apartmentScotiabankplaceToronto
of Scotiabank’s top priorities. This program has enterprise-wide impact and requires effective communications, strategic planning, management, and execution. The Senior Manager, Decommissioning Lead plays a critical role as both a technical and strategic business...