Director, Management, Commercial Credit

What is the opportunity? The Director, Performance Management, Commercial Credit will be a strategic and analytically rigorous individual leading the planning, forecasting, performance management, and decision support for the Commercial Credit business. This leader will serve as a senior trusted advisor to the executive leadership team for Business Credit including the SVP of Commercial Credit, driving financial insights that enable profitable growth, sound credit lending management and thought leadership to influence decision making.

• Lead end-to-end Performance Management for the Commercial Credit portfolio, including month-end and quarter-end reporting, forecasting, annual planning and 5-year strategic outlooks
• Partner with senior business leaders to drive actionable insights and strategies, support business case analysis, evaluate product profitability and spreads, client segment performance, client profitability and risk-adjusted return on capital
• Partner with Financial Control and Product Control to ensure financial integrity of reported results and compliance with accounting standards
• Develop financial models to support all volume and revenue modeling including net interest income and net-interest margin
• Develop and maintain robust product profitability models guiding management on the use and interpretation of product profitability and related driver information supporting strategic decisions and capital optimization
• Development and review of business cases, including cross-enterprise initiatives related to Business Credit
• Lead business credit forecasting processes collaborating with Risk, Treasury, Canadian Banking Platform Finance and Head Office Performance Management
• Monitor and explain key business drivers including volumes, spreads, and fees
• Translate financial insights into clear narratives and recommendations for executive-level reporting, board materials, and investor day commitments
• Manage and mentor a team of 2 to 3 high-performing finance professionals

• Bachelor’s degree in Finance, Accounting, Economics, or a related field
• Professional designation – MBA, CFA, or CPA preferred
• Strong executive presence and ability to provide thought leadership on key decisions and business matters
• 8+ years of progressive experience in FP&A, Commercial Banking, or Credit Risk, with at least 3 years in a leadership role
• Demonstrated experience in people leadership inspiring the team to be the best version of themselves based on a clear vision to support their development and build talent for the future
• Experience working in a matrix model, executing with a high degree of collaboration with partners and effectively influencing stakeholders resulting in a better outcome via strong interpersonal skills and trust
• Ability to manage many competing priorities within tight timelines, navigate through change management and clearly communicate priorities and desired outcomes to the team and partners
• Proven ability to work cross-functionally with business partners, platform and head office performance management, credit risk and treasury
• Demonstrated experience preparing financial content for senior management
• Exceptional financial modeling, data analysis, and communication skills
• High level of integrity, business acumen, and sound judgment
• Strong knowledge of Microsoft Excel and visual storytelling on Power Point

• Expertise in funds transfer pricing (FTP)
• Knowledge of SQL and Python for data analytics
• Experience with PowerBI, Tableau, Thinkcell, EPM, and People Soft
• Experience with VBA macros in Excel

• A comprehensive Total Rewards Program including bonuses and flexible benefits
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in an agile, collaborative, progressive, and high-performing team
• The opportunity to interface with senior level executives from many different parts of the organization

Accounting, Business Analytics, Decision Making, Financial Planning and Analysis (FP&A), Interpersonal Relationships, Organizational Leadership, Team Management

• Address: RBC WATERPARK PLACE, 88 QUEENS QUAY W: TORONTO
• City:
  Toronto
• Country:
  Canada
• Work hours/week: 37.5
• Employment Type:
  
  Full time
• Platform: OFFICE OF THE CFO
• Job Type: Regular
• Pay Type:
  
  Salaried