Director, Principal Data Strategist

Job Summary

Job Description

PRINCIPAL DATA STRATEGIST

What is the opportunity?

By fulfilling the role and mandate of the Principal Data Strategist for RBC US Initiatives, the organization will achieve unified data capabilities, improved operational efficiency, regulatory compliance, and competitive advantage in the US Marketplace. This will ultimately contribute to RBC's overall success and growth in the US Market.

Enhance efficiency of specific business functions, risk management capabilities, and operational efficiency through the strategic application of technology solutions across US lines of business. Ensure compliance with regulatory requirements and industry standards while delivering innovative and scalable data solutions. Foster collaboration and innovation across RBC US to drive the evolution of mandated capabilities and deliver value to clients and stakeholders.

What will you do?

Develop Data Strategy and Roadmap:

• Devise a comprehensive data strategy and roadmap aligning with the objectives of RBC US.

Collaboration with US Lines of Business:

• Work closely with the data teams across the US entities to understand their specific data needs and challenges, ensuring aligning with the overarching data strategy.

Drive Data Governance Initiatives:

• Establish and enforce robust data governance policies and procedures to ensure data quality, privacy, security, and compliance across RBC US.

Analytics, Risk Management, and Compliance:

• Proactively identify and mitigate data related risks within RBC US. Ensure compliance with relevant regulations, industry standards, and best practices when it comes to the data, while also implementing robust security measures to protect data. Additionally, help drive actionable insights, enhance decision-making processes, and drive business value by leveraging Data.

Additionally:

• Offer strategic guidance and advisory series to senior leadership and stakeholders on leveraging data assets to achieve business objectives, improve operational efficiency, and foster innovation.

• Stay abreast of industry trends and emerging data technologies relevant to RBC US. Identify opportunities for innovation and evaluate the potential impact of innovative data technologies on business processes and outcomes. Drive initiatives to pilot and implement innovative solutions that enhance competitiveness and drive business growth.

Synergy Upliftment and Growth Acceleration: Focus on fostering synergies among US LOB operations and accelerating growth by leveraging collective strengths, resources, and expertise. It aims to optimize collaboration across business units to drive efficiency, innovation, and market expansion.

Enabling Synergies and Business Growth: Ensure technology initiatives closely match RBC US's strategic objectives and core functions. Through collaboration, clear roadmaps are defined to optimize operations, enhance client experiences, and drive revenue growth.

Collaboration, Partnership, and Innovation: Focus on forging strong relationships with all stakeholders including FinTech companies, industry partners, and RBC COEs. By fostering a culture of collaboration, RBC US can tap into all internal and external expertise, cutting-edge technologies, and navigate reg landscape more effectively. This approach enables RBC US to stay agile, innovate faster, and deliver value-based solutions to clients while mitigating risks and ensuring compliance.

What do you need to succeed?

Must-have

• Bachelor's degree in computer science, information technology, engineering, or related field; master's degree in FinTech or MBA preferred, with 12-15 years of experience in engineering leadership, technology strategic planning, and enterprise level system development in the financial tech/service industry.

• Enterprise-Level Data Platform Building: Solid background of designing, building, and leading development of enterprise level data systems, including experience in data architectures, scalability, integration, rationalization, and performance optimization.

• Data Analysis: Proficiency in data analysis techniques to drive insights from the data and inform decision-making.

• Business Acumen: Understanding of core banking, capital markets, cash management, payments, and myriad of business processes, industry trends, and competitive landscape to inform technology strategies.

• Vendor Management: Experience in vendor management to evaluate and select technology vendors, negotiate contracts, and manage vendor relationships.

• Data Analysis: Proficiency in data analysis techniques to drive insights from the data and inform decision-making.

• Technical Proficiency: Understanding of current and emerging technologies relevant to the banking industry, such as cloud computing, cybersecurity, AI, and data analytics.

Nice-to-have

• Advanced degree in computer science, FinTech or MBA 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 managing opportunities

• Ability to make a difference and lasting impact

• Work in a dynamic, collaborative, progressive, and high-performing team

• A world-class training program in financial services

• Flexible work/life balance options

• Opportunities to do challenging work

The good-faith expected salary range for the above position is $160,000-$250,000 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

Job Skills

Adaptability, Analytical Thinking, Change Management, Commercial Acumen, Communication, Creative Visioning, Data Analysis, Decision Making, Enterprise Data, Enterprise Data Architecture, Enterprise Data Strategy, Excellent Business Acumen (Inactive), Innovation, Leadership, Long Term Planning, Organizational Leadership, Organizational Savvy and Politics, Project Management, Risk Management, Strategic Thinking, Technical Knowledge, Vendor Management

Additional Job Details

Address:

GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY

City:

Jersey City

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

TECHNOLOGY AND OPERATIONS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-06-24

Application Deadline:

2024-07-19

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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