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 Senior Manager, Product Analytics



What is the opportunity?\xe2\x80\x8b

As the Senior Manager, Product Analytics, you will be responsible for supporting the analytics and data needs of the Personal Lending Product team. This includes providing actionable insights, data-driven product strategy, and recommendations to senior leadership to drive growth and profitability.

What will you do?\xe2\x80\x8b

• Develop and maintain origination pricing strategies for Unsecured Lines of Credit, Education Financing and Installment loans to ensure an optimal balance between profitability and acquisition volumes
• Identify and execute on price optimization opportunities for revolving credit product portfolios to achieve profitability targets and improve KPIs.
• Monitor competitor activity and develop benchmarking to inform pricing strategies.
• Work closely with partner groups to manage the pricing lifecycle (strategy, execution, performance monitoring and refinement) for all PL products
• Support the analytics needs of the PL business, including developing a deeper understanding of segment economics and customer behaviour, support for business cases, deep dives on new product innovation and special projects
• Provide ad hoc analysis with actionable insights to enable strategic, fact-based discussions and facilitate better decision-making within PL

What do you need to succeed?

Must-Have

• 3+ years related work experience developing pricing strategies and financial models
• Programming experience to extract data and complete complex analytics (SAS / SQL)
• Strategic mindset and ability to own the development and execution of pricing strategies
• Ability to demonstrate proficiency for critical thinking and analytics
• Strong written and verbal communication skills

Nice-To-Have

• Bachelor\xe2\x80\x99s degree in a quantitative field (e.g. Business, Economics, Engineering, Statistics, etc.) Programming experience with R and/or Python
• Credit fundamentals including risk modeling and credit strategy development
• Subject matter expertise on developing price sensitivity and propensity mode

Job Summary

Address: TORONTO, Ontario, Canada

City: CAN-ON-TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: Personal and Commercial Banking

Job Type: Regular

Pay Type: Salaried

Posted Date: 2022-11-22-08:00

Application Deadline: 2023-03-23-07:00

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