Business Manager

We are looking for an experienced Business Manager to support our sector teams in Investment Banking. The Business Manager will drive achievement of superior business performance and "best in class" managed efficiencies, through supporting the strategic direction and implementation of transformational and sustaining strategies aligned to RBC Capital Market's (RBCCM) operating philosophy.

Responsibilities:

• Responsible for driving financial planning and operational initiatives in partnership with the group heads
• Lead and take accountability for recommendations that enhance the effectiveness and efficiency of the business line
• Provide recommendations to group head, typically focused on new initiatives around enhanced capabilities or cost management, In alignment with overall Capital Markets(CM) strategic priorities
• Ensures business awareness of key projects; securing and providing business approval of aspects of key projects where the business has an approval right
• Participates in COO and business line updates and events for purposes of integration, shared learning and strategic updates; Act as point of integration for the business line and functional groups.
• Assists the business heads in the preparation of strategic business reviews, actively engaging with CM Strategy, Finance, Risk and other functions to ensure the review incorporates a holistic view of risk and appropriate financial and risk performance metrics.
• Develops recommendations in coordination with functional groups, including Operations, Risk, Legal, Human Resources, Finance, and Communications resources
• Represents the business in business specific or broader support and cross control function projects
• Proactively identify operational risks/ control deficiencies in the business.
• Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions promptly
• Understand and exemplify our people driven, client focused leadership model; driving impact, unlocking the potential of our people, adapt quickly, always learning and speaking up for the good of RBC.
• Growth mindset and a focus on always learning; promotes a values based and inclusive workplace; embraces diverse styles and perspectives; Actively mitigates bias and improves diversity representation. Acts as transferor of knowledge at the strategic and tactical level through the identification, analysis and provision of proactive advice to the /business heads after active collaboration and brainstorming with Function and Ops/IT experts.
• Demonstrates proven impact and influence skills to engage cross-functional team members.
• Partners with HR on workforce planning.
• Ability to establish the necessary monitoring structure and mechanism to drive adherence to control requirements on behalf of the business unit.
• Fosters an environment based on individual responsibility to drive superior client experience, operational and sales excellence and value.

Requirements:

• Bachelor’s degree; MBA, MA or MS or equivalent; emphasis in finance/accounting preferred
• Understanding of Investment Banking / ; Investment Banking experience is preferred)
• Demonstrated advanced financial analysis skills and experience.
• Strong leadership abilities, excellent communication and speaking skills.
• Familiarity with compliance & regulatory awareness to support Business Head and liaise with functional areas.
• Familiarity with operational & financial control and support environments and issues.
• Demonstrated project management skills.
• Highly motivated, committed and responsible, with a demonstrated ability to manage conflicting priorities and requests.
• Ability to take initiative and function independently balanced with strong teaming skills.
• Maintain high standards of professional and ethical conduct.
• Strategic Business Sense & skilled in setting strategic priorities.
• Organizational Awareness
• Demonstrated Change Leadership skills

What's in it for you?

• 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
• Opportunities to do challenging work
• Opportunities to building close relationships with clients