Vice President, Business Management

Overview

VP - Business Management As Vice President, Business Management, you will act as a strategic business leader responsible for driving operational excellence, financial performance, and strategic initiatives for RBC Clear. This role combines deep analytical expertise with executive leadership to optimize business operations and support growth objectives while ensuring alignment with enterprise-wide strategic priorities. The role seeks an ambitious self-starter who is comfortable both with leading a team and building from the ground up. RBC Clear Business is a unique opportunity to build the cash management business of the future from the ground up, with a chance to join a growing team focused on building a best-in-class cash management business.

What will you do?

Strategic Planning & Execution: Support development and lead execution of comprehensive business strategies, annual operating plans, and multi-year strategic roadmaps. Partner with senior leadership to translate corporate strategy into actionable business unit objectives and performance metrics.

Financial Management & Performance: Support P&L responsibility, including resourcing, expense management, and margin enhancement. Drive financial planning, forecasting, and budgeting processes with robust financial controls and governance. Collaborate with Finance partners to ensure the overall health and wealth of RBC Clear business.

Business Analytics & Insights: Leverage advanced analytics and data-driven insights to inform strategic decisions, identify market opportunities, and optimize business performance. Establish key performance indicators and reporting frameworks.

Cross-Functional Leadership: Collaborate with partners across technology, operations, risk management, compliance, and other areas to deliver integrated business solutions. Build and maintain strong stakeholder relationships to drive cross-organizational initiatives.

Team Leadership & Development: Lead and develop a high-performing team of business management professionals, fostering a culture of accountability, innovation, and excellence. Provide coaching, mentorship, and career development opportunities.

Operational Excellence: Oversee day-to-day business operations, identify and implement process improvements, efficiency gains, and scalability enhancements. Champion operational discipline and continuous improvement methodologies across all functions.

What is required to succeed? Must Have

Undergraduate Degree required; MBA or equivalent advanced degree preferred in Business, Finance, Economics, or related field.

7+ years of progressive business management experience in financial services or related industry, preferably in Cash Management/Transaction Banking; 4+ years in progressively responsible leadership roles.

Proven track record of driving business growth and operational improvements.

Strong financial acumen and analytical capabilities.

Excellent leadership and team development skills.

Outstanding communication and stakeholder management abilities.

Strong numerical sense and ability to multitask and manage high-pressure executive-level requests.

Ability to collaborate with risk, compliance, technology and navigate a matrixed environment.

Nice-to-have

Experience in capital markets, investment banking, or wealth management.

Demonstrated success in managing complex, multi-functional initiatives.

Experience with digital transformation and technology-enabled business solutions.

Professional certifications (CFA, CPA, FRM) preferred.

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 opportunities.

Opportunity to make a meaningful difference and lasting impact.

Dynamic, collaborative, progressive, and high-performing team environment.

Challenging work and opportunities to build close relationships with clients.

Job Skills Business-oriented, Communication, Decision making, Long-term planning, Organizational change management, Program management, Resource coordination, Results-oriented, Team management, Time management.

Additional Job Details Address: RBC Centre, 155 Wellington St W, Toronto

City: Toronto Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: Capital Markets Job Type: Regular Pay Type: Salaried Posted Date: 2025-08-11

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

Inclusion and Equal Opportunity Employment At RBC, we believe an inclusive workplace with diverse perspectives is core to our growth. RBC strives to deliver a respectful, belonging-oriented workplace that supports performance and collaboration for clients and communities.

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