- Location
- RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO, Canada
- Type
- Full-time
- Department
- Finance
- Seniority
- Senior
- Education
- Master
- Closing date
- Today
- Source
- Workday
Description
Job Description
What is the opportunity?
The Savings & Investments team is looking for a results-driven and analytical professional to manage Retail Deposit Pricing Solutions. In this high-impact role, you will shape how we determine client interest rates for our Personal Banking & Investments deposit portfolio of over $250 billion. You will analyze client responses to interest rate offers across our full suite of retail deposit products and partner with cross-functional teams to create and manage new AI-driven pricing capabilities. This is an excellent opportunity to drive innovation at Canada's largest bank while deepening your expertise in financial products, analytics, technical implementation, and strategy.
What will you do?
Pricing Project Business Representative
- Develop and maintain a register of requirements for pricing capabilities
- Represent Savings & Investments on cross-disciplinary teams to implement new pricing capabilities (with stakeholders from across the organization, including Technology, AI, Operations, and Finance, and others as required)
- Serve as pricing subject matter expert on assigned projects, ensuring solutions meet business objectives
- Report to Savings & Investments leadership on project status and progress
Pricing Reporting and Analysis
- Work with the retail deposit product and pricing teams to evaluate pricing performance and identify opportunities to optimize spread-to-volume trade-offs
- Conduct quantitative and qualitative analysis to assess effectiveness of pricing initiatives across products, segments, and programs
- Present findings and recommendations to leadership
- Develop and deliver pricing analysis and reporting as assigned
Pricing Capability Development
- Partner with product and pricing teams to identify and enhance pricing capabilities
- Build and maintain expertise in pricing applications, technologies, and how they deliver business value
- Create proposals for new pricing capabilities with clear business cases
- Establish and manage a roadmap of the future of retail deposit pricing
Business Risk and Safe AI Evaluation Support
- Responsible to evaluate pricing models and AI capabilities against RBC’s risk standards and responsible AI requirements under the Risk Triage Assessment (RTA) and Safe AI frameworks (in collaboration with Risk, AI, and cross-functional teams)
- Document inherent risks, mitigating controls, and key controls in pricing solutions
- Ensure pricing initiatives align with risk management and regulatory compliance standards
- Support the assessment and approval process for new pricing capabilities through relevant governance workflows
Support Deposit Management
- Participate in day-to-day pricing management as required
- Contribute to ongoing pricing strategy
- Mentor junior colleagues and peers
What do you need to succeed?
Must have:
- Undergraduate degree in Finance, Mathematics, Business, Analytics, Data Science, or equivalent experience
- Experience translating ideas into real, functional capabilities
- Ability to analyze complex problems and create insights from incomplete data
- Deposit business acumen
- Strong communication and stakeholder engagement skills
- Ability to work independently in a fast-paced environment
- Proficiency in Excel and data visualization tools (e.g., Think-cell, Tableau, Power BI)
Nice to have:
- Master-level education such as an MBA or CFA Charter
- Large financial institution or regulated environment experience
- AI and client behaviour analytics background
- Consulting background with expertise in stakeholder requirements gathering and solution design
- Data analytics experience with hands-on project leadership
- Python and SQL
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.
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
Job Skills
Business Case Design, Communication, Critical Thinking, Data Analytics, Decision Making, Pricing Analysis, Professional Presentation, Results-OrientedAdditional Job Details
Address:
City:
Country:
Work hours/week:
Employment Type:
Platform:
Job Type:
Pay Type:
Posted Date:
Application Deadline:
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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
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.
