Senior Manager, Commercial Banking Finance, P&CB Finance

What is the opportunity?

The Senior Manager, Commercial Banking Finance, P&CB Finance is the lead role in the preparation of Cash Management and FX financials relating to annual plans, quarterly forecasts, monthly financials and strategic planning documents as well as providing ongoing decision support and analysis; as well as provide financial advice and counsel to Cash Management, including PayEdge/FX product teams

This role will work closely with the FAs supporting the Transaction Banking distribution/client support team in developing business models and other strategic initiatives as well as presentations to Commercial Banking OC as needed. Also, providing senior management with critical financial advice to efficiently manage and guide the strategic direction of the business.

What you will do?

• Advisor for the Cash Management (incl. PayEdge) and FX product teams, providing monthly reporting, forecasting and planning, including the support to the ongoing growth strategies
• Ensures timely reporting and communicates effectively with Transaction Banking Product Business leadership teams; responsible for the production of monthly Scorecard and monthly/quarterly financial reporting
• Track RBC core and HBCA performance separately; ensure HBCA related revenue is tracking to initiatives target
• Lead proactive financial management of products including forecasting, planning and ongoing decision support and financial analysis
• Ensure cash management revenue from Capital Markets is filtered accurately; monitor and advise business the cash management revenue retained within Capital Markets to support the business recover appropriate cost for servicing these clients
• Detail analysis of FX volume, including spread earned by Capital Markets to provide insights to the business
• Monitor/track PayEdge performance and provide timely reporting to the PayEdge Executive Advisory Committee; attend bi-weekly PayEdge performance meeting and have meaningful discussion with the business participants; ensure PayEdge performance is tracking to the capital injection PAR
• Facilitate reporting FX revenue to correct client segments
• Facilitate or develop financial modeling for strategic initiatives; Provides valuable inputs and review the models and assumptions for validity

What you need to succeed?

Must Have

• 5+ years of relevant finance and industry experience with preferably strong knowledge of RBC planning, reporting and forecasting processes
• CPA/CFA//MBA Strong understanding of the drivers of performance and outcome measures of Business products, RBC, and the financial industry
• Cross enterprise mindset
• Excellent written and oral communication skills and ability to influence.
• Focused on continuous improvement
• Creative, innovative, proactive and strategic business sense
• Strong understanding of the drivers of performance and outcome measures of Business products, and the financial industry
• Cross enterprise mindset
• Superior financial modeling skills (ie. strong Excel modeling skills)
• Strong technical skills preferred (ie. Tableau database management)

Job Skills

Additional Job Details

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