Director, IS&e Business Management

July 25 2024
Industries Bank, Insurance, Financial services
Categories Bank, Insurance, Financial services,
Toronto, ON • Full time

Job Summary

Provides the strategy, definition, development, delivery and support of IT systems and services as required to establish new or enhance existing business processes. Manages activities through senior managers and managers and implements corporate and divisional strategic plans and budgets.

Job Description

What will you do?

  • Lead and provides oversight for key activities that enable the effective and efficient operation the team.
  • Responsible for the business and financial management functions, as well as key Business reporting and performance management activities within a highly complex, medium to large Team while supporting key transformational initiatives within the organization.
  • Collaborate with Finance to manage the creation and management of the Group Operating Plan including Annual budget and forecasts; 5-year plan; tracking actuals vs plan; spend vs budget; progress against plan; financial forecasting to transit managers; FTE, contractors, and professional fees budget; track group savings/cost containment/cost avoidance etc.)
  • Perform necessary reporting to satisfy Finance requirements.
  • Identify cost saving opportunities and optimization initiatives | Provide accounting support to SMT in cost avoidance and toil determination.
  • Develop business cases and PARs. Track PARs and ensure appropriate adherence to PAR requirements.
  • Collaborate with Finance teams globally to improve data integrity of the financial records.
  • Preparation and execution of financial transactions (TRF request, approval and initiate budget orders).
  • Leads and or supports monthly business review (MBR) process with VP and SMT.

What do you need to succeed?

Must-have

  • 7 - 10 years of experience in a technology environment, preferably in banking.
  • Undergraduate degree in business or equivalent experience.
  • Experience in managing and leading highly complex, medium to large technology and infrastructure teams, with focus process and technology cost allocation.
  • Process and technology cost allocation in a banking environment.
  • Finance and budgeting process.
  • How technology is used and what drives costs in technology.

Nice-to-have

  • MBA, CMA and/or Project Management
  • Finance background an asset
  • Experience in managing and leading technology and infrastructure teams, with focus process and technology cost allocation
  • Risk assessment and quantification.

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
  • Flexible work/life balance options
  • Opportunities to do challenging work
  • Opportunities to take on progressively greater accountabilities

#LI-HYBRID

#LI-POST

Job Skills

Financial Accountability, Financial Accounting, Financial Management

Additional Job Details

Address:

330 FRONT ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

TECHNOLOGY AND OPERATIONS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-07-25

Application Deadline:

2024-09-27

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.
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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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