Job Summary

Job Description

What is the opportunity?

The Manager, Product Control will provide quality support to various banking platforms across multiple asset classes and strategies, by performing daily mark-to-market valuation, P&L reporting and reconciliation on an accurate and timely basis. They will also liaise with Front Office, Middle Office, Information Technology, Trading Processing, Financial Control and other operating units to facilitate trading activities and daily P&L production.

What you will do?

Daily P&L production, month-end reporting and reconciliations:

Accountable for the P&L production and analysis across within a platform or multiple platforms across the bank.Inform senior management of any irregularities that may present potential exposure to the firmPrepare all monthly accounting entries to the G/L and conduct reconciliations to ensure figures are properly tied back to the systems of recordWork closely with all members of the Product Control team, providing guidance and cross training when requiredIdentify opportunities to improve valuation reports and pro-actively streamline processes to improve productivityPerform daily PNL and Balance Sheet reconciliations to ensure figures are properly tied back to the systems of recordsMaintain a solid knowledge base of how various asset classes are handled by the Front Office systemsPerform testing of new system update releasesProvide information to satisfy audit requests from both internal and external auditorsDevelop an understanding of RBC operations and the functions of various business units across the firmPro-actively monitor all operational issues pertaining to the trading portfolios assigned

What you need to succeed?

Must Have

University Degree2+ years of Product Control or related experienceExcellent Excel SkillsGood understanding of Investment productsStrong problem-solving, interpersonal and communication skillsAble to work effectively and reliably under pressureAdvanced understanding of procedures and operational controls as they relate to trading systems and workflowsStrong ability to work independently with minimal guidance from manager

Nice to Have

Canadian Securities CourseCFA Candidates or Charter holders

Job Skills

Accounting, Business Analytics, Financial Accounting Systems, General Ledger Administration, Group Problem Solving

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-01-09

Application Deadline:

2025-01-25

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 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.
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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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