Associate Director, Portfolio Management

Job SummaryJob DescriptionWhat is the opportunity?The primary objective of the CAPEX Financial Governance role within the Capital Market Operations Group is to oversee the strategic management of capital expenditures (CAPEX) toOptimize resource allocationDrive operational efficiency, andSupport the achievement of business objectives while ensuring compliance with financial policies and regulatory requirements.What will you do?CAPEX Management:Budget Planning: Collaborate with senior management to develop CAPEX budgets aligned with strategic priorities and business goals.Investment Analysis: Evaluate proposed CAPEX projects based on their potential return on investment, strategic alignment, and impact on operational performance.Financial Oversight: Monitor CAPEX spending, tracking actual expenditures against budgeted amounts and identifying variances for timely corrective action.Governance Framework: Establish and maintain a robust governance framework for CAPEX management, including approval processes, controls, and reporting mechanisms.Compliance Assurance: Ensure that all CAPEX activities adhere to internal financial policies, regulatory requirements, and accounting standards.Risk Management: Identify, assess, and mitigate risks associated with CAPEX projects, including financial, operational, and regulatory risks.Stakeholder Engagement: Collaborate with cross-functional teams, including finance, operations, technology, and project management, to align CAPEX initiatives with business priorities and objectives.Performance Monitoring: Define key performance indicators (KPIs) to measure the effectiveness and efficiency of CAPEX investments, providing regular updates to senior management and stakeholders.Continuous Improvement: Identify opportunities to streamline CAPEX processes, enhance cost-effectiveness, and improve decision-making through the implementation of best practices and process improvements.Talent Development: Develop and mentor a high-performing team responsible for CAPEX financial governance, fostering a culture of accountability, collaboration, and continuous learning.Relationship Management:In conjunction with BCS management, liaise with businesses on CM initiatives and BU initiatives that impact BCSWork with technology partners (QTS) to provide transparency and guidance to BCS and QTS leadership on overall CAPEX portfolioWhat you need to succeed?Minimum Bachelors degree in Finance, Engineering, Science or Math desirable7 - 10 years of relevant experience with strong knowledge of supporting systems used within Operations and project management expertiseExpertise in managing project financials for a broad portfolio $50MM+Proven people management & development skills; ability to work effectively in a project team environment, demonstrated facilitation and leadership skills, strong listening and interview skills.Good working knowledge of Capital Markets operational functions and processes.High Level understanding of the fundamentals of Capital Markets trading and the transaction lifecycleHigh Level understanding of RBC Capital Markets organizational structure (front office sales and trading, middle office, product control, BCS, regulatory/compliance, etc.)Familiarity with regional differences in operational processing within RBC Capital Markets.Self-motivated, able to work independently and within a teamAbility to prioritize, plan and execute work to meet tight deadlinesStrong innovative, problem-solving and analytical skills; a self-starter capable of functioning in an autonomous manner.Capable of building strong relationships with clients and stakeholders across the enterpriseProvide concise and effective updates to the Director, Business Management, as well as guidance to the applicable Project Managers where applicableWhats 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 compensationLeaders who support your development through coaching and managing opportunitiesWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workFlexible work/life balance optionsJob SkillsAccounting, Decision Making, Financial Analysis and Reporting, Financial Planning and Analysis (FP&A), Results-OrientedAdditional Job DetailsAddress:RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity:TORONTOCountry:CanadaWork hours/week:37.5Employment Type:Full timePlatform:Capital MarketsJob Type:RegularPay Type:SalariedPosted Date:2024-04-19Application Deadline:2024-05-06Inclusion and Equal Opportunity EmploymentAt 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.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.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 jobs.rbc.com.