Financial Analyst - Strategic Compensation

RBC • Minneapolis, MN

1d • $55,000 - $95,000

About The Position

What is the opportunity? The Financial Analyst will support Strategic Compensation by performing accurate financial analysis, compensation measurement, and reporting. The individual will ensure timely execution of recruitment compensation activities while maintaining data integrity across quarterly reporting processes that align with RBC's productivity drivers. This involves guiding advisors and field leadership as a point of contact related to those functions. What will you do? Execute anniversary recruitment award processes in a timely and accurate manner; validate data and reconcile discrepancies Create, maintain, and quality-assure recruit compensation comparisons; ensure competitive positioning analysis is current and reliable Coordinate and oversee completion of all Strategic Compensation quarterly reporting initiatives Gather, validate, and synthesize compensation data from multiple sources Prepare financial summaries, variance analyses, and insights for executive review Ensure accuracy, consistency, and timeliness of all reporting deliverables while maintaining documentation and audit trails Maintain compensation databases and analytical tools; ensure data quality and security Identify process inefficiencies and recommend improvements to enhance accuracy and timeliness What do you need to succeed? Must-have Four year college degree or equivalent work experience in Finance, Accounting, Business or related field 2+ years of financial services or investment industry experience Deadline-driven and results-oriented; able to meet consistently high quality standards while handling a variety of tasks and deadlines simultaneously Excellent interpersonal skills, including the ability to work with and influence many levels within an organization Dedicated team player, willing to assist where necessary to make the team successful Nice-to-have Experience in a role that works directly with financial advisors Advanced Excel and financial analysis skills Strong attention to detail and commitment to accuracy Series 7, or willingness to obtain 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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off. 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 build close relationships with clients For Minnesota: The good-faith expected salary range for the above position is $55,000 - $95,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that: Drives RBC’s high performance culture Enables collective achievement of our strategic goals Generates sustainable shareholder returns and above market shareholder value #LI-Post #TECHPJ

Requirements

• Four year college degree or equivalent work experience in Finance, Accounting, Business or related field
• 2+ years of financial services or investment industry experience
• Deadline-driven and results-oriented; able to meet consistently high quality standards while handling a variety of tasks and deadlines simultaneously
• Excellent interpersonal skills, including the ability to work with and influence many levels within an organization
• Dedicated team player, willing to assist where necessary to make the team successful

Nice To Haves

• Experience in a role that works directly with financial advisors
• Advanced Excel and financial analysis skills
• Strong attention to detail and commitment to accuracy
• Series 7, or willingness to obtain

Responsibilities

• Execute anniversary recruitment award processes in a timely and accurate manner; validate data and reconcile discrepancies
• Create, maintain, and quality-assure recruit compensation comparisons; ensure competitive positioning analysis is current and reliable
• Coordinate and oversee completion of all Strategic Compensation quarterly reporting initiatives
• Gather, validate, and synthesize compensation data from multiple sources
• Prepare financial summaries, variance analyses, and insights for executive review
• Ensure accuracy, consistency, and timeliness of all reporting deliverables while maintaining documentation and audit trails
• Maintain compensation databases and analytical tools; ensure data quality and security
• Identify process inefficiencies and recommend improvements to enhance accuracy and timeliness

Benefits

• A comprehensive Total Rewards Program include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
• 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 build close relationships with clients

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level