VP, Business Transformation (Capital Markets)
City : TORONTO, Ontario, Canada
Category : Strategy | Project & Program Management
Industry : Financial/Banking
Employer : RBC
Come Work with Us!
At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.
Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.
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?
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
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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers.