Business Strategy Associate

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

Business Strategy Associate

Job Description

What is the opportunity?

This ISN'T your traditional role! Join RBC and help define our future through your direct involvement with multiple projects aimed at identifying and implementing changes to current business practices and strategies. You will challenge your curiosity and think strategically.

This role encompasses business and financial analyst activities while adding key components such as compiling strategic plans, identifying obstacles to the successful execution of plans, analyzing alternative approaches to achieving business financial and non-financial objectives, and recommending cost-saving or revenue generating opportunities for the business. You'll extrapolate data to "tell the story" through metrics, heat maps, industry research and your understanding of how the business functions.

This role has daily interaction with the Wealth Management, U.S. executive leadership team. Therefore, you will need strong financial/business analyst skills and experience, and the maturity and confidence to interact with corporate executives and present your view point through supporting data, metrics and other business indicators. Candidates having experience in a large, global consulting firm, preferably within the strategy or finance practice, should find this role to be of high interest.

What will you do?

• Analyze a variety of complex business opportunities and financial issues. This includes determining the appropriate analytical methodologies, developing and presenting alternative solutions, summarizing results, and making recommendations to assist in managerial decision-making. The analyses may involve, but are not limited to, interpretation of market data and group performance relative to industry peers to identify opportunities for improvement.
• Conduct research on identified needs and business opportunities across the organization, relative to strategic priorities and business objectives.
• Prepare and distribute reports to business leaders to enhance the decision-making process. Recommend changes in business practices to improve business line profitability using data to support recommendations.
• Participate in multiple projects aimed at identifying and implementing changes to current business practices. This requires the identification of major stakeholders, contributing to the development of consensus solutions, assisting in the follow-up to ensure that project proposals receive appropriate approvals, using analysis to adjust ongoing earnings expectations, and monitoring projects for successful completion.

What do you need to succeed?

Must-have

• Bachelor's degree
• 2+ years of business or financial analysis experience
• Excellent analytical, mathematical and communications skills
• Advanced Microsoft Excel skills
• Highly proficient with PowerPoint and creating business presentations utilized at the executive level

Nice-to-have

• Advanced degree such as an MBA
• Experience in business annual or strategic planning processes
• Prior experience in services and consulting and/or working with senior level executives

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 managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business

Job Summary

Analyzes information technology (IT) requirements in business processes, through requirements elicitation, solutions identification, risk analysis and collaboration across (IT) teams. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments.

Address:

Minneapolis, Minnesota, United States of America

City:

USA-MN-MINNEAPOLIS

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

Wealth Management

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2023-06-02

Application Deadline:

2023-10-07

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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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 rbc.com/careers.