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Associate Director

Associate Director

CompanyRoyal Bank of Canada
LocationNew York, NY, USA
Salary$110000 – $190000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • Bachelor’s degree in business (Finance, Accounting, Economics, Marketing), Data Science, Statistics, or other similar majors preferred.
  • 5+ years relevant experience, preferably in executive management reporting.
  • Experience with Funds Transfer Pricing and/or Financial Resource Optimization a plus.

Responsibilities

  • Support financial performance analysis (IFRS) for US Platforms (all RBC businesses in US) on a monthly basis for US senior management and management committees, including actuals, plan, forecast, by coordinating with various businesses (Capital Markets, CNB, Wealth Management, RBC Bank, etc.) and functions.
  • Develop month-end management reporting for US Region Management view including updated forecast for rest of the year, analyzing results and assisting with variance analysis.
  • Develop financial performance analytics for quarterly RIHC Board meetings and partner with various platform finance teams for commentary.
  • Support the production of the annual business plan/ 5 year outlook/ quarterly forecasts and presenting the regional view US CFO /senior management.
  • Partner with the CIB business and CNB, WM and RBC Bank finance teams as a trusted advisor to support growth and strategic initiatives and develop insightful analytics that benefits the businesses and helps senior management to facilitate decision making.
  • Support financial performance analysis (US GAAP) and strategic projects for US Legal entities (including RIHC, CUSO, and CMLLC) and integration of RBC’s management reporting framework/system into RBC’s Combined US Operations (CUSO) and the Intermediate Holding Company (IHC).
  • Support legal entity forecasting process (both US GAAP and IFRS) to provide critical inputs to US and Head Office Tax teams for tax planning. Partner with Financial Control teams for IHC and CM LLC goodwill impairment analysis by providing critical inputs such as legal entity earnings forecasts.
  • Maintain and enhance US Finance reporting capabilities through automation, EPM enhancements, and development of new analytics.

Preferred Qualifications

  • Experience with Funds Transfer Pricing and/or Financial Resource Optimization a plus.