Job Summary

Job Description

What is the opportunity?

You will be a Product Controller in the London Fixed Income, Currencies and Commodities (FICC) Structured Rates Product Control team.

What will you do?

To provide an effective link between Front Office (FO) & other stakeholders within the wider Finance team, bringing specialist product knowledge into the arena, so that any disagreements in daily P+L are resolved on a timely basis & ultimate P+L agreement with FO is achieved, evidenced & logged.

Daily production of p&l and decomp reporting to the front office traders, includes an analytical review of the risk-based decomposition, comparison of trader flash versus actual and other end of day reports.

To ensure integrity of the banks books and records, including reconciliation to banks ledger systems, attestation of the books and records each month end.

To ensure the wider Product Control team and stakeholders are immediately aware of revaluation issues that may affect downstream activity.

Production of analytical reporting to the business and Finance team, in addition to ad-hoc reporting as required by Front Office & senior management.

Involvement in key change management projects to deliver improvements to our daily processes.

To ensure PC remains & is seen to be an independent control function.

To support and provide training to the junior members of the team.

What do you need to succeed?

Must-have

Strong vanilla options, structured interest rates and note issuance product and revaluation skills.

Competent accountancy skills; preferably fully qualified CIMMA/ACA/ACCA or equivalent / similar.

Excellent numerical skills with the ability to problem solve in a logical manner.

Excellent communication skills especially with Front Office members.

Capable of working to tight deadlines & under severe time pressure.

Effective in allocating priorities.

Nice-to-have

University Degree or similar / equivalent.

Accounting Qualification, ACA, ACCA, CIMA or similar / equivalent.

What is 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, flexible benefits and competitive compensation

Leaders who support your development through coaching and managing opportunities

Opportunities to work with the best in the field

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 working options fully supported.

Agency Notice

RBC Group does not accept agency resumés.  Please do not forward resumés to our employees, nor any other company location.  RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.

Job Skills

Additional Job Details

Address:

100 BISHOPSGATE:LONDON

City:

London

Country:

United Kingdom

Work hours/week:

35

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-02-24

Application Deadline:

2025-03-10

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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