Associate Director

WHAT IS THE OPPORTUNITY?

Reporting to the Managing Director, Subsidiary Treasury Management, Planning & Policies, the position mandate is to support the governance activities for Corporate Treasury (CT) from a planning and policy perspective. 

As a valued and critical partner, the position assists in the overall responsibilities for CT Policies and related governance including all relevant policies, frameworks and standing orders.  These responsibilities involve coordination across CT together with key organizational stakeholders including GRM to ensure policies meet accepted governance practices and are updated as required. 

The position also supports CT’s involvement in RBC’s Resolution & Recovery plans by providing timeline coordination, ensuring CT deliverables to the respective plans are met in a timely manner.

In the broader context of CT, the incumbent will also provide support on division wide projects and initiatives relating to RBC and its subsidiaries globally. The incumbent will assist in key subsidiary initiatives including governance, funding strategies, organizational restructuring and capital optimization as required.

WHAT WILL YOU DO?

CT Resolution and Recovery Planning

• Assist in the development and act as coordinator for plan production process including CT production calendars for Scenario Analysis and other CT financial inputs to the Resolution and Recovery plans. Lead CT Team meetings, solicit input and feedback and production plan (including responsibilities, timelines, milestones etc.) to keep production on time to meet CT’s Resolution and Recovery deliverables.
• Participate in broader Resolution and Recovery working groups with GRM to track overall production timelines.  Communicate updates to CT working group and track deliverables in overall CT production timelines and workplan.
• Coordinate CT inputs into the Resolution and Recovery plans, soliciting input and feedback and collating responses across CT and other functional and business partners for review by Senior team members.  Assist the Director, Subsidiary Treasury Management, in the development of committee materials, milestone updates and overall updates review by Senior Management for presentation to Treasurer and other Senior Executives.
• Stay up to date on developments from RBC’s prudential regulators with respect to Resolution and Recovery including OSFI and CDIC.  Act as first point of contact for CT for all Resolution and Recovery and related processes (e.g. geopolitical review & other related reviews).

CT Governance

• Create and maintain inventory of all CT policies, frameworks and standing orders across all regions (US, Europe, Caribbean and APAC) which includes:
  • Ensuring all policies, frameworks and standing orders are up to date by identifying required updates and seeking input from CT SMEs to advance updates and approvals.
  • Regularly liaise with CT SMEs to ensure off-cycle updates to policies, frameworks and standing orders are considered (e.g. from changes to business, regulations, other RBC-wide policies etc.).
  • For all policy, framework and standing orders, liaise with SMEs throughout the development/update process to ensure timelines are being met and appropriate input is sought both within CT and across RBC.
  • Provide initial review of policy, framework and standing order drafts and/or updates from CT SMEs to ensure consistency across CT policies
  • Review updated policies, frameworks and standing orders with Managing Director, Subsidiary Management Planning and Policies to finalize for advancement to various committees/external stakeholders for approval.
  • Prepare materials for submission to committees for approval and for updates to Treasurer and other Senior Executives as needed.
• Lead Ongoing Governance for CT policies, frameworks and standing orders.  This involves publishing CT policies to GRM’s Policy and Procedure Library (PPL), ensuring policies, frameworks and standing orders are distributed appropriately and liaising with GRM on changes to Governance around CT policies, frameworks and standing orders and ensure CT SMEs are updated with any changes impacting existing or new policies.

Other

• Identify opportunities for process improvements for Planning and Governance responsibilities including leveraging automation and other AI capabilities.
• Support STM/CT projects and initiatives relating to RBC and its subsidiaries globally to execute funding strategies, organizational restructuring, capital optimization, Planning, Governance etc.

WHAT DO YOU NEED TO SUCCEED?

 Must have:

• Working knowledge of regulatory environments both in Canada and outside of Canada, ideally with a focus on Resolution and Recovery frameworks (CDIC, OSFI) and standard Governance practices as well as the structure of RBC Group’s subsidiary network and treasury objectives from both management and legal entity points of view.
• Ability to have both “big picture” strategic view / global mindset as well as utmost attention to detail. Including exceptional organization skills to keep track of numerous deadlines and deliverables.
• Strong data management and analytics skills with working knowledge of various tools such as Excel VBA, SQL, Python, Tableau, etc.
• Self-starter, independent thinker with a willingness to learn and improve and strong written and oral communication skills.  Collaborative and consultative team player with strong interpersonal skills.
• Understanding of RBC’s capital management and risk management framework, operational processes, financial products, risk management activities.

Nice-to-have:

• Risk management or other Governance or Treasury experience
• Experience in Resolution & Recovery and/or policies in a large Financial Institution

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.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• A world-class training program in financial services
• Flexible work/life balance options
• Opportunities to do challenging work

#LI-POST

Job Skills

Analytical Thinking, Commercial Acumen, Decision Making, Financial Regulation, Financial Services Industry, Knowledge Organization, Operational Risks, Risk Management, Strategic Thinking, Treasury Management

Additional Job Details

RBC CENTRE, 155 WELLINGTON ST W:TORONTOTorontoCanada37.5Full timeOFFICE OF THE CFORegularSalaried2025-12-012026-01-30

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.