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'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.

Job Title Vice President, Business Transformation Canada



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).

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

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: 2022-11-18-08:00

Application Deadline: 2022-12-03-08:00

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.