- Location
- RBC CENTRE, 155 WELLINGTON ST W:TORONTO, Canada
- Type
- Full-time
- Seniority
- Director
- Closing date
- Today
- Source
- Workday
Description
Job Description
What is the opportunity?
Join the Wealth Management Canada (WMC) Chief Administrative Officer's team as Director of Strategic Initiatives—a pivotal leadership role reporting directly to the CAO. In this position, you will own the strategic execution of critical business initiatives with a primary focus on WMC’s real estate strategy, serving as both a strategic architect and hands-on leader. You will drive real estate initiatives (including lease transactions and capital projects) that shape WMC's future while maintaining meticulous attention to tactical delivery, ensuring alignment with corporate priorities and exceptional execution standards. This is an opportunity to make a measurable impact on a growing business, working at the highest levels of the organization on matters that directly influence competitive positioning and shareholder value.
Key Relationships
- WMC CEO and CAO
- WMC Business leaders, Regional/Managing Directors and Branch Management Teams
- Cross-functional partners: Corporate Real Estate (CRE), Finance, Compliance, Risk, and Governance functions
- External stakeholders: Third-party providers
What will you do?
As a strategic leader who executes, you will own multiple dimensions of excellence, balancing strategic vision with direct delivery:
Strategic Real Estate Portfolio Management
- Working closely with the CEO and CAO to define WMC's premises strategy and oversee its execution as a cornerstone of the business strategy
- Lead the WMC Real Estate Committee, setting strategic agendas, reviewing, and prioritizing initiatives, presenting decision items, and directing all key stakeholders on outcomes
- Develop comprehensive business cases and financial models with Enterprise Decision Support and key stakeholders (including annual Macro PAR, other PARs as needed and RBC Enterprise PARs)
- Provide ongoing status reporting on all initiatives against approved budgets and timelines
- Direct lease strategy (renewals, expansions, new locations) to third-party brokers and CRE transaction teams; review and arrange execution of lease documentation per delegation of authority; deliver closing reports to business leaders
- Direct and oversee capital projects (for new locations, expansions, renovations and reconfigurations), ensuring design standards are maintained, providing branch teams with project milestone updates, and reviewing P&Ls for proper capitalization and depreciation
- Serve as escalation contact for WMC branches and CRE teams on facilities management issues
Operational Excellence & Performance Management
- Lead the annual real estate planning and forecasting process with WMC leaders, review occupancy metrics, and develop/maintain rigorous key performance indicators (quantitative and qualitative) to inform strategic decisions
- Analyze financial and operational trends to identify optimization opportunities and drive bottom-line impact
- Provide strategic direction on development and enhancement of real estate reporting and analytical tools (including the WMC Occupancy Planning Tool) to support ongoing business decision-making
- Deliver data-driven insights on key metrics and financials related to business initiatives to track trends and identify areas of financial/operational efficiency
Strategic Planning & Governance
- Lead the annual strategic business process review (BPR), meeting with key contributors and stakeholders to create consolidated strategic documents for executive presentation
- Own decision-making processes across all initiatives, providing strategic direction and tactical day-to-day support
- Participate and represent WMC on enterprise-wide real estate initiatives and other strategic initiatives, ensuring alignment with WMC objectives
Team Leadership & Organizational Development
- Build and mentor a high-performing team, developing talent for future leadership roles
- Foster a culture of strategic thinking, accountability, execution excellence, and continuous improvement
What do you need to succeed?
Must have:
- 5+ years of progressive senior leadership in Wealth Management or financial services,
- Proven track record of delivering strategic initiatives on time and within budget
- Senior leadership presence with exceptional communication presentation skills
- Strategic thinker who balances vision with tactical execution and hands-on delivery
- Change management expertise with strong stakeholder influence and alignment abilities
- Advanced analytical, financial and business acumen
- Entrepreneurial mindset; self-directed with strong initiative and execution drive
- Exceptional relationship-building, organizational, and time management skills
- Sound judgment and decision-making capabilities
- Strong work ethic with demonstrated commitment to achieving ambitious goals
- Ability to work effectively in a dynamic, collaborative environment
Nice-to-have:
- Experience working on real estate related initiatives
What is 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
- 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 take on progressively greater accountabilities
- Opportunities to building close relationships with Wealth Management Canada leadership teams and client facing teams
Job Skills
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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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