Director, Pension Accounting and Reporting
City : TORONTO, Ontario, Canada
Category : Operations
Industry : Financial/Banking
Employer : RBC
Job Summary
Job Description
What is the opportunity?
The incumbent is responsible for daily operation, overall operating model and project delivery of Pension Accounting and Reporting department. The primary focus lies in planning and executing optimization of end-to-end pension accounting and reporting processes, improving client satisfaction, and fostering a low-risk operational framework. Key responsibilities include driving initiatives geared towards streamlining, standardizing, and effectively implementing operational changes, encompassing operations and system enhancements.
Additionally, the role entails envisioning and orchestrating future-oriented strategies and planning endeavors, aimed at optimizing operations, adopting industry-leading practices, and perpetuating a culture of continuous improvement. The cultivation of a culture of coaching, career development, and performance management. Proficiency in navigating and adhering to the Canada’s regulatory and industry standard landscape governing pension accounting and reporting is imperative. Close collaboration with internal enterprise stakeholders and industry authorities is paramount to accurately representing and supporting business needs.
What will you do?
- Oversee end to end review and modernization of operational processes impacting Pension fund’s operations and associated systems and technology.
- Sponsor, drive, coordinate, and prioritize initiatives, transformation and change. Lead future facing strategy planning.
- Develop and engage employees, performance management, setting ambitious goals with clear outcomes.
- Continuous improvement processes, client and employee experience creating simplified, scalable, risk averse processes that meet regulatory requirements.
What do you need to succeed?
Must have:
- 7+ years financial industry experience specifically in asset servicing for pension funds or pension plan
- Ability to set strategic direction, and drive execution towards achieving organizational goals
- Proficiency in implementing and optimizing Pension Accounting and pension Reporting processes to ensure efficiency, accuracy and compliance
- Understanding of financial principles, including risk management, cost optimization, and budgeting
- Knowledge of Canada’s regulatory requirements and industry standards governing pension funds
- Familiarity and experience with end-to-end Pension fund Accounting and Reporting process flow
- Capability to develop and execute long-term strategies for Pension Accounting and Reporting operations, aligning with organizational objectives and market trends
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.
- Excellent exposure to communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriate
- Opportunity to obtain hands-on experience throughout your role
- Working with an exciting, close-knit, supportive & dynamic group
- Opportunity to collaborate with other business segments within the bank
- Excellent career development and progression opportunities
- A comprehensive Total Rewards Program including bonuses and flexible benefits
- Competitive compensation
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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Inclusion and Equal Opportunity Employment
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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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