Job Description

What is the opportunity?

Reporting to the Senior Director, Product, Plans, and Pricing, the Director, Product Taxation, Savings & Investments will support the oversight and execution of the RBC’s Personal Bank Savings & Investments product tax strategy, ensuring compliance with evolving legislative requirements and regulatory standards as applicable to both deposit taking financial institutions and Mutual Fund Dealers (Royal Mutual Funds Inc - RMFI). This role is responsible for monitoring legislative changes, overseeing the timely implementation of tax updates, managing critical tax tools and systems, and acting as a control owner for key tax processes. The incumbent also serves as the primary point of contact for complex tax-related matters, collaborating closely with the Tax Advisory Group (TAG) and external tax authorities to resolve issues and provide expert guidance. The role helps foster a culture of compliance, accountability, and operational excellence across Savings & Investments, partnering with stakeholders across the business to support strategic objectives and mitigate risk.

What will you do?

Supporting the identification and implementation of changes to Canadian product tax reporting legislation impacting Savings & Investments (S&I), and leading assigned compliance initiatives to ensure effective adherence.

Acting as a primary point of contact for complex or unusual tax-related issues, including coordination with the Tax Advisory Group (TAG) and external tax authorities such as CRA and Revenue Québec.

Managing ongoing dialogue and collaboration between product teams, Operations, Technology, and business leaders to evaluate the impact of tax changes and drive timely, compliant solutions.

Overseeing the end-to-end implementation of legislative changes, including presenting recommendations to business leaders to obtain decisions and required funding.

Coordinating the planning and execution of annual tax season activities across impacted stakeholder groups to ensure operational readiness and compliance.

Managing relationships with tax-related vendors and serving as the sign-off authority for the release of tax slips to clients and tax authorities, including annual and monthly amendments.

Monitoring the effectiveness of tax-related controls within the operational ecosystem, including oversight of controls owned by other functions but reported to the Tax Director.

Supporting the identification of emerging tax risks and working with control owners across S&I to maintain a robust and effective control environment.

Promoting accountability, compliance, and transparency in the application of tax governance standards across the S&I business.

Act as Control Owner and ensure Product related tax controls and documentation are appropriately designed, implemented, and operating effectively to mitigate relevant tax risks. 

What do you need to succeed?

Must have:

Minimum of 7 years of progressive experience in tax advisory, compliance, and planning, with at least 3 years in a leadership or management role.

Proven track record in managing complex tax matters for large organizations, preferably within a public accounting firm or corporate tax department.

Extensive experience with federal, state, and international tax regulations and reporting requirements

Undergraduate degree.

CPA or equivalent

Nice to have:

Previous experience in a financial institution or public accounting firm is strongly desired.

Experience with mutual fund expectations would be an asset.

Completion of CICA In Depth Tax Course

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.

Ability to make a difference and lasting impact

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

Opportunities to do challenging work

Job Skills

Accountability, Auditing, Audits Compliance, Business Analytics, Collaborating, Decision Making, Financial Risk, Financial Risk Management (FRM), Information Security Management, Investments, Mitigated Risks, Occupational Safety and Health, Operational Delivery, Quality Management, Results-Oriented, Retail Banking, Risk Management, Security Management, Strategic Thinking, Taking Initiative, Tax Governance, Training Programs

Additional Job Details

Address:

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

PERSONAL & COMMERCIAL BANKING

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-02-05

Application Deadline:

2026-02-14

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.

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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.