Senior Associate / Associate Director - Projects and Reg Reporting - Chief Financial Office

$80,000 - $190,000/Yr

Royal Bank of Canada - Jersey City, NJ

Full-time - Mid Level

Jersey City, NJ

Credit Intermediation and Related Activities

About the position

The Senior Associate or Associate Director within the U.S. CFO Operations Office, Data Strategy & Analytics group will play a pivotal role in driving various strategic initiatives across all verticals within the US Finance team, with an initial focus on Regulatory Reporting. This position is designed for a candidate who is adept at transforming business processes while collaborating with multiple functions and stakeholders across the Enterprise. The successful candidate will be responsible for designing, implementing, and maintaining comprehensive project plans that align with the future-state corporate strategy, particularly in the areas of regulatory and business innovation initiatives. In this role, you will enhance existing Regulatory Reporting processes, including the TIC series, and manage all front-to-back aspects of projects to ensure that milestones are achieved within set deadlines. You will partner with various functions, including regulatory report owners, to gather current state requirements that support the adoption of strategic solutions. Effective execution of analysis and requirements gathering by team members will be crucial, as will leading the end-to-end change management cycle, from project initiation through to closure and postmortems. You will also lead Working Group meetings with cross-functional teams to deliver results, triage issues, and drive progress. Preparing materials for senior management meetings, performing risk assessments to identify potential risks and opportunities, and recommending mitigation strategies will be key responsibilities. The role requires you to successfully deliver on all project objectives while ensuring that business stakeholders are well-informed of the future-state benefits. You will represent business needs while interfacing with functional and technology teams for major initiatives, working collaboratively on scope and plan definition. Additionally, managing multiple Regulatory and Data Strategy tasks simultaneously and preparing budget approval submissions and change requests will be part of your duties.

Responsibilities

• Enhance existing Regulatory Reporting processes, including TIC series.
• Manage all front-to-back aspects of a project to ensure that milestones are accomplished within a set deadline.
• Partner across functions, including regulatory report owners to collect current state requirements to support the adoption of various strategic solutions.
• Ensure effective execution of analysis and requirements gathering by team members.
• Lead the execution and implementation of the end-to-end change management cycle (program/project initiation through project closure and postmortems).
• Lead Working Group meetings with cross-functional teams to deliver results, triage issues, and drive progress.
• Prepare senior management meeting materials.
• Perform risk assessments in order to identify potential risks/opportunities and recommend mitigation strategies.
• Successfully deliver the implementation of all project objectives and ensure business stakeholders are well-informed of the future-state benefits.
• Represent the business needs while interfacing with functional and technology teams for major initiatives, working collaboratively on scope and plan definition.
• Manage multiple Regulatory and Data Strategy tasks simultaneously.
• Prepare budget approval submissions, change requests and partner with stakeholders to determine impact analysis.

Requirements

• Graduate or Undergraduate Degree, with a focus in Business, Finance, Project Management, or a related field preferred.
• Minimum 5+ years of relevant work experience.
• Knowledge of US regulatory space, including reporting, bank capital management, and stress testing processes.
• Prior experience with regulatory-focused projects/initiatives.

Benefits

• 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.