Managing Director, CNB Technology Business Office

What is the opportunity?

As the Managing Director of the CNB (City National Bank) Technology Business Office, you will be accountable for the oversight of the technology spend in support of CNB Business and Regulatory Remediation activity. The ideal candidate will be responsible for facilitating consistent communication between our technology business units, IT Managers, and various cross-functional teams. You will possess a strong understanding of IT finance management principles and Technology Business Management methodologies.

What will you do?

• This role is responsible for developing and administering aggregate oversight of technology spending incurred in support of CNB Business and Regulatory Remediation activities.

• The role provides for operational/administrative effectiveness across the entire CNB technology portfolio.

• Develop reporting incorporating all forecasted technology spend that is or will be allocated

• to CNB, including software development, infrastructure charges, support costs,

• vendor contracts, and software or service licensing.

• Lead annual technology portfolio and resource planning activities across CNB tech teams, ensuring overall alignment with CNB and CUSO Business Strategic Plan and allocated budget.

• Develop financial forecasting and actual spend reporting on all vendor-based technology

• delivery or support charged to CNB, inclusive of in-business or enterprise services as

• well as external technology organizations.

• Develop and own skillsets assessment, analysis and recommend management actions to achieve desired target state.

• Provide critical analysis of value for spend with CNB vendors, including evaluation of

• engagement models and delivery criteria.

• Identify efficiency opportunities within the CNB technology spend through reorganization,

• renegotiation, consolidation and replacement strategies and opportunities.

• Collaborate across US IT to establish consistent processes and management reporting working with relevant stakeholders.

• Direct management of any staff hired into the CNB Technology Business Office team

What do you need to succeed?

Must-have

• 10+ years of Financial Management experience.

• Experience in Financial Control and Reporting

• Experience in partnering closely with program leaders and technology service providers on

• financial planning and analysis activities.

• Experience in leading and participating in enterprise-wide initiatives.

• Developing and assessing financial indicators and reporting across a varied portfolio

• Ability to navigate within large matrix organizational structures.

• Strong People Management / Resource Management skills

• Excellent stakeholder management

• Strong Excel and presentation tool skillset

• Demonstrated Financial management across a portfolio, working at scale.

• Strong written and oral communication skills to program and executive leadership

• Strong focus on collaboration and customer service

• Effective at working diplomatically across teams with varying objectives.

What's in it for you?

We thrive on the challenge to be our best. Our team is defined by progressive thinking to keep growing and working together to deliver thoughtful and strategic communications counsel to our partners. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

Approachable and caring leaders who support your development through coaching and managing opportunities

Work in a dynamic, collaborative, progressive, and high-performing team that prioritizes employee well-being and work-life balance

Opportunities to do challenging work

The expected salary range for this particular position is $175K - $250K + discretionary bonus, depending on your experience, skills, and registration status, market conditions and business needs.

Job Skills

Additional Job Details

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 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.