Senior Manager, Retail & Grocery Cobrand Cards Finance

What is the opportunity?

As Senior Manager, Retail & Grocery Cobrand Cards Finance, you will collaborate with Finance & Credit Cards business partners to drive profitable growth through insightful business and financial analysis. With strong financial modelling skills, solid statistical understanding and exceptional business acumen, you will develop business cases and perform ad hoc analyses to guide business decisions. This role provides support for financial results and planning processes. Applies extensive, in-depth knowledge, skills, and practices to perform complex assignments.

What you will do?

• Partner with the Credit Cards Co-Brand and Grocery segment team delivering analysis and insights to support business case development, profitability analysis, program performance and strategic initiatives
• Collaborate with Credit Cards business and finance colleagues to setup new products requirements and ensure financial results are accurate
• Develop Credit Cards business case models to ensure consistency of financial analysis leveraging best practices, product profitability and campaign profitability data sets
• Enhancing finance effectiveness through forecast/planning model improvement, improve data insights and reporting
• Collaborate with partners across the Bank on key initiatives and ensure financials are accurate and insightful, to inform business decision making
• Create Grocery Co-Brand P&L for management reporting and collaborate with Linked Loyalty finance team to look at Retail/Grocery more holistically, and drive insights and considerations from a Partnership perspective
• Responsible for reporting, forecast/planning Revenue and NIE for Co-brands, Networks and Interchange
• Responsible for establishing the proper ongoing governance structures with business partners
• Responsible for establishing key performance monitoring activities to track progress against key milestones and proactively identify profitable strategies to exceed targets
• Responsible for monthly Co-Brand financial reporting, business performance review and presentation to Senior Management Team
• Monthly NIE and analysis, including variances, accrual, invoices; and driving actionable insights and recommendations
• Proactively explore and implement opportunities to improve and streamline processes to increase capacity for deeper analysis and proactive deep-dives on topical areas of interest
• Co-ordinate and consolidate month-end reporting, and forecasting/planning FP&A related activities for Cards & Loyalty
• Ad hoc support for Cards & Loyalty team as required

What do you need to succeed?
​Must-have

• CA, CPA, CFA, MBA or equivalent with +5 years of relevant finance and industry experience
• Exceptional financial modelling and business partnering capabilities
• Extensive knowledge and understanding of Credit Cards and Networks
• Understanding of finance theory / application; understanding of financial / statistical concepts and approaches
• Working in a matrix model, execute with a high degree of collaboration with partners and effectively influence stakeholders resulting in a better outcome via strong interpersonal skills and trust
• Ability to manage competing priorities within tight timelines
• Excellent written and verbal communication skills and presentation skills; effective communicator and ability to influence and defend recommendations
• Previous track record working in a financial institution
• Execute with a high sense of urgency
• Independent, self-directed with growth and continuous improvement mindset
• Curious, innovative, proactive, and strategic business sense
• Strong attention to detail

Nice-to-have

• Experience with Credit Cards, Loyalty and Rewards programs, Payments and Networks
• Experience with PowerBI, Tableau, Thinkcell, EPM, PeopleSoft

Job Skills

Accounting, Business Case Development, Business Development, Business Performance, Communication, Decision Making, Finance, Financial Analysis, Financial Modeling, Financial Planning and Analysis (FP&A), Financial Reporting and Analysis, Interpersonal Communication, Management Reporting, Performance Management (PM), Planning Ability, Product Profitability, Results-Oriented, Teamwork, Variance Analysis

Additional Job Details

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTOTORONTOCanada37.5Full timeOFFICE OF THE CFORegularSalaried2025-03-282025-04-06

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.