Job Summary Job Description What is the opportunity? As the Senior Director & Head, Fund Business Management, you will lead a vertical in the Chief Investment Office of RBC Insurance, which focuses on the business management aspects of the CIO office, including (but not limited to) 1B function including risk limits, product partnership/pricing, cash/collateral/fx management, and FP&A. What will you do? Oversee staff that are responsible for the 1B drafting, Enterprise alignment, and maintenance of risk limits/thresholds Oversee staff that work with the CRO office to measure/monitor limits Oversee staff that work with the CFO office to manage attributed and excess capital Oversee staff that work with the CFO office to provide a front office view of PnL Partner with global peers to measure/manage collateral in a cost effective fashion Partner with global peers to measure/manage FX in a cost effective fashion Own all business management aspects of the CIO office (including cost analysis, administration of access controls, etc) Partner with the data science group to create dashboards related to the above What do you need to succeed? Must-have Knowledge of risk frameworks (market risk limits, investment policies, trade governance, etc), treasury frameworks (capital, transfer pricing, collateral management, fx/repos, and finance frameworks (FP&A, front line PnL estimates, expense management) Technical master’s degree Working knowledge of Data Science (Python, Snowflake, Tableau) Culture Carrier – leading by example with an inclusive, collaborative agile mindset Nice-to-have FSA, CFA, CERA, CAIA Designations Deep understanding of CAR and LICAT capital guidelines History of designing governance policies, limit constructs, and benchmarking portfolio performance History of trade administration (Bloomberg AIM, Fenergo, etc) 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 and competitive compensation RBCI software tools to boost your productivity Leaders who support your development through coaching and managing opportunities Work in a dynamic, collaborative, progressive, and high-performing team Opportunities to take on progressively greater accountabilities Access to a variety of job opportunities across business and geographies Job Skills Additional Job Details Address: RBC CENTRE, 155 WELLINGTON ST W:TORONTO City: TORONTO Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: INSURANCE Job Type: Regular Pay Type: Salaried Posted Date: 2025-06-04 Application Deadline: 2025-06-18 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. Join our Talent Community Stay 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. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.? We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.
