Senior Manager, Retail Funds Transfer Pricing

Job Description What is the Opportunity? Corporate Treasury Retail Funds Transfer Pricing (FTP) team is responsible for maintaining a comprehensive and consistent FTP framework across the retail segments of the bank. We provide risk-based pricing and profitability guidance to product and portfolio managers; transfer relevant risks out of a business to a central unit at a fair and transparent price and provide a consistent basis for measurement of product and portfolio profitability. We are seeking a highly motivated and analytical Senior Manager to join the Retail Funds Transfer Pricing (FTP) team. In this role, you will be responsible for overseeing BAU reporting and FTP deliverables for RBC Retail segments (mainly Wealth Management), ensuring accuracy and efficiency in processes, and acting as a key point of contact for stakeholder inquiries. You will work closely with various internal stakeholders including Corporate Treasury, Businesses, and Finance partners, and provide insights that drive strategic decision-making. This position offers an opportunity to access one of the most important tools to execute the bank’s asset/liability management strategy and obtain valuable knowledge about banking product risks and profitability. You’ll be part of a collaborative team that values innovation and continuous improvement. We are looking for a candidate that has a good understanding of finance and accounting concepts as well as excellent communication with the ability to convey/explain complex topics. Hands-on experience with data visualization tools such as Tableau/Power BI and VBA/Python coding will also be valuable. What will you do? Lead the preparation, validation, and delivery of routine FTP reports for RBC Wealth Management and Canadian Banking. Act as a key liaison for FTP-related inquiries, providing clarity and resolving issues proactively for RBC Wealth Management. Collaborate with internal partners, including Corporate Treasury, Finance, and Business Units, to ensure alignment on FTP methodologies and reporting requirements. Support ad hoc analysis and projects related to FTP, contributing to strategic initiatives. Prepare documentation and control checks for 2nd line review and 3rd line audit. Maintain and update documentation to reflect process changes and ensure transparency. Present findings and recommendations to senior leadership when necessary. What do you need to succeed? Must Have 3+ years of relevant experience in funds transfer pricing, financial reporting, treasury, or related fields. Strong ability to analyze complex financial data and explain complicated topics. Knowledge on treasury management of non-trading book products. Proficient with Excel and SQL. Experience with data visualization tools such as Tableau/Power BI. Excellent verbal and written communication skills, ability to work effectively with cross-functional teams. Experience in identifying and implementing process enhancements to drive efficiency. Nice to Have Experience with QRM. Professional designation/certificate of CPA, CFA or FRM. Ability to code via VBA or Python. 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, commissions, and stock where applicable. Leaders who support your development through coaching and managing opportunities. Ability to make a difference and lasting impact. Work in a dynamic, collaborative, progressive, and high-performing team. A world-class training program in financial services. Flexible work/life balance options. Opportunities to do challenging work. Job Skills Analytical Thinking, Commercial Acumen, Decision Making, Financial Regulation, Financial Services Industry, Knowledge Organization, Operational Risks, Risk Management, Strategic Thinking, Treasury Management. 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. 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. 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. #J-18808-Ljbffr