Director, Statutory Transfer Pricing

What is the opportunity?

The STP Centre of Excellence (CoE) comprises of three pillars; Policy, Implementation and Governance and Controls (G&C). Policy establishes Transfer Pricing Policy (appropriate methodology to achieve arm’s length pricing) for RBC while the Implementation processes those recommendations.   G&C establishes controls and oversight to ensure both Policy and Implementation are working to provide intended results accurately, efficiently, effectively.

What will you do?

The Director of STP Governance and Controls establishes the CoE’s control framework to ensure that RBC satisfies all global STP requirements while working closely with Taxation to ensure RBC entities reflect the appropriate allocations for tax return purposes.

The Governance and Controls (G&C) pillar acts as centre for all STP audit queries from internal, external and tax auditors.   G&C will co-ordinate with Tax, Policy and Implementation to formulate responses accurately and on time.

• Develop and establish control framework to oversee other STP pillars (Implementation and Policy) to ensure completeness and accuracy of transaction processing. 
• Develop and establish controls to monitor the automation tool’s (Oracle) calculation and posting (Posting Express) to subledgers through to General Ledger (EPM).
• Display leadership abilities to engage team of 7 to “drive to impact” and achieve team goals.
• Develop reporting (Tableau) to both enhance the control framework as well as stakeholder requirements / requests.
• Promote and establish controls and guidance for onboarding TP transactions currently maintained outside of STP into the Centre of Excellence (COE).
• Develop and improve analysis, calculations and metrics to improve overall control framework across all pillars.
• Drive automation and efficiency improvements through reporting and re-engineering processes.
• Develop, maintain and enhance controls and governance around monthly entries through automation and standardization.
• Engage Financial Controllers and business stakeholders to promote STP and drive improvements.
• Develop controls to identify and remediate potential transfer pricing transaction control weaknesses such as duplication or incorrect / inconsistent allocations.
• Establish operating procedures across all pillars to ensure up to date documentation and suggest key improvements to enhance efficiencies and mitigate control weaknesses.

What do you need to succeed?

Must-have

• Work experience:  minimum 5-10 years of post-qualification experience preferably with experience in the financial services industry.
• Accounting designation (CA, CPA).
• Leader who will engage and inspire G&C team’s growth and development.
• Leader who will engage with stakeholders to promote the STP brand globally and act as a key business partner.
• Exposure / understanding of Transfer Pricing theory
• Knowledge of international corporate taxation.
• Exceptional verbal and written communication skills.
• Ability to successfully lead a team through change
• Organized and process oriented individual while able to see big picture
• Curious, innovative and solution oriented: desire to lead re-engineer processes and understand the details, improve implementation and drive impactful change

Nice-to-have

• Working knowledge of financial and managerial accounting systems within RBC would be an asset.
• Ideally, will have worked in a big 4 accounting firm in the financial services industry and/or at RBC. 
• Data analytics background would be an asset
• Strong technical skills, exposure to Oracle and or Tableau

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           
• Access to a variety of job opportunities across business and geographies

Job Skills

Accounting, Audit Assurance, Auditing Techniques, Business, Communication, Decision Making, Generally Accepted Accounting Principles (GAAP), Knowledge Organization, Leadership, Process Implementations, Tax Regulations

Additional Job Details

180 WELLINGTON ST W:TORONTOTorontoCanada37.5Full timeOFFICE OF THE CFORegularSalaried2026-03-052026-03-23

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.