City : TORONTO, Ontario, Canada

Category : Strategy | Project & Program Management

Industry : Financial/Banking

Employer : RBC

What is the opportunity?

The Business Transformation team supports Capital Markets by working closely with business partners across Front Office as well as functional teams to help enable change by executing business-driven transformation.

The role will support the IBOR Transition Program, working in the capacity as a Project Manager.  The candidate will work closely with various Capital Markets business lines and functional partners to ensure that businesses are prepared for the cessation of Interbank Offered Rates (IBORs) such as LIBOR and CDOR, and are transitioning to Risk Free Rates (RFRs).

***Please note, this is hybrid role. The expectation is that the incumbent will work 2 – 3 days from office.***

What will you do?

• Develop key relationships within the Business, Functions, and across RBC segments, to execute on project deliverables

• Work with various Capital Markets business lines to deliver new Risk Free Rate (RFR) product support, capabilities, and ensure that new processes are considered

• Ensure that businesses have plans in place and are actively transitioning their legacy IBOR transactions in time for regulatory cessation deadlines

• Lead working groups with cross functional teams to deliver results, triage issues, and drive progress

• Contribute to the preparation of senior management meeting materials, such as Steering Committee and Executive Committee meetings, as well as other regularly scheduled program forums

• Support Program status reporting across the Program and at the Executive level to ensure Program goals and objectives are executed and clearly, consistently communicated across all teams

• Ensure that project plans are maintained and that tasks are on track to meet project milestones

• Facilitate issue resolution/escalation, manage interdependencies and ensure the accurate maintenance of the RAID log

• Work with third party suppliers/consultants as required to deliver on Program objectives

• Provide leadership and direction to junior staff

What do you need to succeed?

Must Have

• Undergraduate university degree in Business, Finance or a related field required

• MBA or relevant professional designation strongly preferred

• 5+ years of program management experience with a demonstrated track record of leadership, problem solving, and relationship management

• Experience with large regulatory programs

• Strong communication skills, both verbal and written

• Strong knowledge of Capital Markets products/services (e.g. derivatives, loans)  and processes

• Ability to collaborate, partner with senior business stakeholders, project managers and team members

• Advanced proficiency with Excel (pivot tables, lookups), Visio (process flows) and PowerPoint (strong storyboarding of executive presentations)

• Comfort with ambiguity

• A passion for learning

Nice to Have  

• Project Management Professional (PMP) Certified

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.

• Leaders who support your development through coaching and managing opportunities

• Variety of assignments over the course of your placement

• Ability to make a difference and lasting impact

• Work in a dynamic, collaborative, and high-performing team

• Opportunities to do challenging work