Job Description
What is the opportunity?
The Financial Analyst will support Strategic Compensation by performing accurate financial analysis, compensation measurement, and reporting. The individual will ensure timely execution of recruitment compensation activities while maintaining data integrity across quarterly reporting processes that align with RBC's productivity drivers. This involves guiding advisors and field leadership as a point of contact related to those functions.
What will you do?
Execute anniversary recruitment award processes in a timely and accurate manner; validate data and reconcile discrepancies
Create, maintain, and quality-assure recruit compensation comparisons; ensure competitive positioning analysis is current and reliable
Coordinate and oversee completion of all Strategic Compensation quarterly reporting initiatives
Gather, validate, and synthesize compensation data from multiple sources
Prepare financial summaries, variance analyses, and insights for executive review
Ensure accuracy, consistency, and timeliness of all reporting deliverables while maintaining documentation and audit trails
Maintain compensation databases and analytical tools; ensure data quality and security
Identify process inefficiencies and recommend improvements to enhance accuracy and timeliness
What do you need to succeed?
Must-have
Four year college degree or equivalent work experience in Finance, Accounting, Business or related field
2+ years of financial services or investment industry experience
Deadline-driven and results-oriented; able to meet consistently high quality standards while handling a variety of tasks and deadlines simultaneously
Excellent interpersonal skills, including the ability to work with and influence many levels within an organization
Dedicated team player, willing to assist where necessary to make the team successful
Nice-to-have
Experience in a role that works directly with financial advisors
Advanced Excel and financial analysis skills
Strong attention to detail and commitment to accuracy
Series 7, or willingness to obtain
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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
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
Opportunities to do challenging work
Opportunities to build close relationships with clients
For Minnesota: The good-faith expected salary range for the above position is $55,000 - $95,000 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 of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.
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
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Job Skills
Accounting, Decision Making, Financial Reporting and Analysis, Results-OrientedAdditional Job Details
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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.
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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.