Job Description

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\xe2\x80\x99re 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.

Job Title Associate, Pricing & Business Management



What is the opportunity?

To support the business in a manner consistent with the growth, retention and risk mitigation strategies of GTB. The incumbent will support (a) the client pricing process by tracking, reviewing and making recommendations on fee and interest arrangements; (b) premises/real estate components of business management (c) and other administrative areas as assigned from time to time.

What will you do?

Pricing & Planning

• Support the GTB Senior Management team to set pricing priorities for the year and implement a plan to deliver repricing across all client segments
• Support pricing strategy and ensure Coverage and Client Management are equipped to execute and are held accountable for delivery of revised pricing
• Engage client management and coverage team for pricing contracts coming due to ensure pricing process is initiated months in advance
• Review and analyze pricing proposals by client management
• Recommend pricing proposals for approval by senior management and ensure implementation by the Coverage and Client Management teams

Business Management

• Provide ongoing support to the team in all areas related to business management to ensure business objectives can be met, including premises, records management, etc.
• Manage numerous internal projects/initiatives on behalf of GTB ensuring prioritization based on client and business impact
• Act as an advocate for GTB in the enterprise across a number of project and other related divisional and bank-wide initiatives

Revenue Maximization & Transformation

• Support to develop framework, strategies and procedures to optimize and maximize revenues
• Support the transformation of pricing to simplify the process and ensure end to end effectiveness from analysis to post review
• Define the requirements for data management team to develop dashboards to replace MIS reporting and manual processes related to client pricing and terms & conditions

Administration

• Primary owner for SharePoint site supporting GTB activities
• Train client management to load and maintain Terms & Conditions and other documents
• Co-ordinates requisitions for furnishings, electrical, mechanical and communications equipment, as required

What you need to succeed?

• Bachelor\xe2\x80\x99s degree with a focus in business, accounting, economics, engineering, mathematics or other quantitative field, and relevant work experience
• Previous banking experience or transaction banking experience; knowledge of clearing, payments, trade finance would be an asset
• Ability to read and understand complex legal documents (e.g. fees and interest rate arrangements)
• Strong analytical skills including the ability to critically assess client pricing and other client reports to draw reasoned conclusions and recommend a course of action
• Excellent written and verbal communication, with strong negotiation skills and an ability to manage conflicting demands and viewpoints, and multiple stakeholder expectations
• Ability to work effectively within a team environment and to interact at all levels within a large organization
• Ability to prioritize, perform well under pressure and meet time sensitive deadlines
• Ability to strike a balance in putting \xe2\x80\x9cClient First\xe2\x80\x9d while ensuring that internal standards are maintained and deliverables are provided
• Strong general PC Skills (Excel, Word and PowerPoint)

Nice to have:

• Advanced Data Skills (e.g. SQL)

What\xe2\x80\x99s 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
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Flexible work/life balance options

Job Summary

Address: TORONTO, Ontario, Canada

City: CAN-ON-TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: Capital Markets

Job Type: Regular

Pay Type: Salaried

Posted Date: 2023-04-06

Application Deadline: 2023-04-21

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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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.

Royal Bank of Canada