Job Summary
Job Description
What is the opportunity ?
The Director of Business & Performance management Middle Office (MO) & Settlement and Clearing (S&C) is to provide strategic and operational leadership, ensuring the effective functioning of the group within the larger framework of capital markets. The role involves overseeing the operational processes that support trading, investment and risk management activities while ensuring compliance with regulatory requirements and industry standards. You will act as a bridge between senior management, operations and other key stakeholders, providing insights, optimizing workflows and managing budgets. Key responsibilities include resource allocation, process improvement, performance analysis and risk mitigation, ensuring that the groups operations align with the organization's broader financial goals and capital markets strategies.
What will you do ?
Pre-Post Business & Performance Management:
Headcount: Evaluate & Monitor headcount within the MO/S&C pillar ensuring that resources are being leveraged in an optimal manner. Ensuring that MO/S&C employee's roles have clear and detailed updated procedures.
Metrics: With the help of the operating committee lead, define pillars key KPI's and ensure that they are updated monthly.
Budget Planning: Collaborate with senior management to develop annual CAPEX budgets aligned with strategic priorities and business goals.
Investment Analysis: Evaluate proposed CAPEX projects based on their potential return on investment, strategic alignment, and impact on operational performance.
Financial Oversight: Review and when necessary, assist with business case development (IFR). Review pillar NIE and look for opportunities to reduce spend.
MO/S&C Senior Leadership Forum: Chair the leadership forum ensuring that pillars KPI's, Audits, Regulatory Reporting, EUC's are monitored and updated monthly.
Risk Management: In partnership with process SME's, Identify, assess, and mitigate risks associated with current state.
Stakeholder Engagement: Collaborate with cross-functional teams, including finance, operations, technology, and project management, to align CAPEX initiatives with business priorities and objectives.
Performance Monitoring: Track key performance indicators (KPIs) to measure the effectiveness and efficiency of the CDMG group.
Continuous Improvement: Help to Identify opportunities to streamline CDMG processes, enhance cost-effectiveness, and improve decision-making through the implementation of best practices and process improvements.
Risk & Control: Monitor pillar ORE's, Audit and Regulatory issues and ensure timely resolution.
Relationship Management:
In conjunction with BCS management, liaise with businesses on CM initiatives and BU initiatives that impact BCS
What do you need to succeed ?
7 to 10 years of related work experience
Proven examples of being Entrepreneurial minded
Proven people management & development skills; ability to work effectively in a project team environment, demonstrated facilitation and leadership skills, strong listening and interview skills.
Deep working knowledge of Capital Markets operational functions and processes within Middle Office and Settlement & Clearing.
Deep Level understanding of the fundamentals of Capital Markets trading and the transaction lifecycle of the asset classes that BCS operations support.
Deep Level understanding of RBC Capital Markets organizational structure (front office sales and trading, middle office, product control, BCS, regulatory/compliance, etc.)
Familiarity with regional differences in operational processing within RBC Capital Markets.
Self-motivated, able to work independently and within a team.
Ability to prioritize, plan and execute work to meet tight deadlines.
Strong innovative, problem-solving and analytical skills; a self-starter capable of functioning in an autonomous manner.
Capable of building strong relationships with clients and stakeholders across the enterprise
Provide concise and effective updates to the Director, BCS Global Business Management, as well as guidance to the applicable Project Managers where applicable
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, flexible benefits and competitive compensation.
Opportunities to learn continuously and develop professionally
Opportunities to build close relationships with coverage companies, investors and others internally within Capital Markets
Access to a variety of job opportunities across business and geographies
Job Skills
Adaptability, Business Performance Management, Customer Service, Decision Making, Interpersonal Relationship Management, Operational Delivery, Process Improvements, Time ManagementAdditional Job Details
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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.
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