Job Summary
Job Description
What is the Opportunity?
The U.S. Strategy team at Royal Bank of Canada (RBC) is responsible for setting the long-term strategic direction for RBC U.S. The Strategy Senior Director helps design and oversee the strategic planning process. This colleague collaborates with the LOB executives and other cross-functional leaders to align strategies across the Bank and identify cross-LOB strategic initiatives. This colleague is a thought leader with the ability to turn vision into action, motivate others to achieve goals, and follow through on decisions.
What will you do?
Design the strategic planning process and manage execution
Enhance the planning process to incorporate regulatory and business requirements, ensuring coordination with financial planning, app dev planning and capital planning
Act a trusted advisor to the LOB executives on their strategy creation
Organize, lead, and facilitate cross-LOB initiative design and execution
Work with the business to identify and prioritize new initiatives to drive business strategy, mitigate potential risks and control gaps, financial return, and/or positive client impact
Oversee a portfolio of strategic initiatives. Provide credible review and challenge on progress of the initiatives. Facilitate executive decisioning and escalations on the initiatives
Oversee risk assessment (e.g., RiskID, RCSA, BCM) and audit of strategic planning process
Have a broad understanding of the banking industry and specialized understanding of a few areas
Understand key metric impacting their divisions. Work with finance to provide a data based approach to understand and improve business strategy and decisions
Share lessons learned and best practices with others throughout the Bank when appropriate.
Build strong relationships with key stakeholders across their division
Mentor junior team members, including strategy analysts
What do you need to succeed?
Bachelor's Degree or equivalent
Minimum 10 years of experience in financial services/consulting/technology or similar analytical industry
Minimum 8 years of experience conducting business analysis, managing complex projects and/or implementing business/technology strategy
Minimum 5 years of experience coordinating resources (e.g., third party vendors, FTEs, project managers)
Nice to Have
MBA preferred
Ability to create documents with strong storyline for executive conversations
Strong process management capabilities in scenarios which required interaction with senior business leaders and achieving consensus across wide range of objectives
Comfort in working under ambiguous, complex, multi-stakeholder and fast-moving situations whilst still driving a project to its successful completion
Good understanding of key banking products, platforms, industry dynamics and trends
Ability to support several strategic initiatives simultaneously
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
Flexible work/life balance options
Opportunities to do challenging work
Opportunities to take on progressively greater accountabilities
Access to a variety of job opportunities across business
The good-faith expected salary range for the above position is $200,000-325,000 (New Jersey/California) depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements that comprise our total compensation package, which includes the following: commission sharing eligibility for select roles, a discretionary bonus, a paid time-off plan, our 401(k) program with company-matching contributions, and our health, dental, vision, life and disability insurance.
RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
· Drives RBC’s high performance culture
· Enables collective achievement of our strategic goals
· Generates sustainable shareholder returns and above market shareholder value
#LI-POST
#LI-Hybrid
Job Skills
Adaptability, Commercial Acumen, Creative Visioning, Decision Making, Long Term Planning, Managerial Courage, Organizational Leadership, Organizational Savvy and Politics, Strategic ThinkingAdditional Job Details
Address:
BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORKCity:
New YorkCountry:
United States of AmericaWork hours/week:
40Employment Type:
Full timePlatform:
HUMAN RESOURCES & BMCCJob Type:
RegularPay Type:
SalariedPosted Date:
2025-02-18Application Deadline:
2025-04-30Note: 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 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.
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