Strategic Financial Analyst

3 weeks ago


Toronto, Ontario, Canada Royal Bank of Canada> Full time
Job Description

About the Role

We are seeking a highly skilled Strategic Financial Analyst to join our Wealth Management Performance Management team. As a key member of our team, you will play a critical role in providing insightful financial analytics and management presentations to senior Finance and Wealth Management Executives.

Key Responsibilities

  • Support the team in reporting and analysis of balance sheet management and Net Interest Income (NII), including Liquidity Cost Allocation (LCA) reporting, Risk-Weighted Assets (RWA), and capital.
  • Contribute to the Financial Planning and Analysis (FP&A) process for Wealth Management globally, including periodic forecasts, weekly estimates, annual planning, and 5-year planning.
  • Develop performance reports of the Wealth Management (WM) platform, including summary forecast financials, business unit analyses, commentaries, performance metrics, and trend analyses.
  • Support the WM PM team in preparing monthly and quarterly operating results packages for the WM Operating Committee and quarterly business review packages for senior management.
  • Assist with integrated drivers-based analytics efforts across the WM Platform, focusing on key performance metrics (financial and non-financial) related to the WM industry.
  • Drive operational efficiencies and optimize processes to enhance WM Performance Management effectiveness.
  • Own/support ad hoc projects/initiatives.

Requirements

  • Degree in Finance/Accounting/Business or a quantitative discipline; prior work experience in wealth management or the broader financial services industry.
  • Solid analytical and problem-solving skills, with strong attention to detail.
  • Strong communication skills.
  • Self-motivated and independent worker with a solutions-driven mind-set.
  • Advanced proficiency in Microsoft Office (Excel, PowerPoint, Word).

Nice-to-Have

  • Knowledge of or experience in the wealth management/asset management industry.
  • Financial modeling skills.
  • Experience with automating and streamlining reporting processes.
  • Knowledge of data analytics and visualization tools.

Job Skills

  • Accounting.
  • Analytical Thinking.
  • Annual Budgeting Process.
  • Annual Budgets.
  • Budgeting.
  • Communication.
  • Decision Making.
  • Finance Strategy.
  • Financial Analysis.
  • Financial Information.
  • Financial Planning and Analysis (FP&A).
  • Financial Reporting and Analysis.
  • Management Reporting.
  • Results-Oriented.
  • Statistical Analysis.

Additional Job Details

This role is based in the Royal Bank of Canada (RBC) office and reports to the Director Wealth Management (WM) Finance. The team provides financial analytics and management presentations to senior Finance and Wealth Management Executives.



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