What is the opportunity?

As a Manager, Product Control, you will be responsible to provide quality analytical support to the Corporate Treasury  Product Control area by performing Weekly NII and  mark-to-market valuation, P&L reconciliation and generating risk / position reports on an accurate and timely basis.

What will you do? 

• Weekly and Monthly NII and P&L production, month-end reporting and reconciliation

• Act as the primary point person for all Front Office queries and issues and effectively monitor, track, and complete tasks in a timely fashion

• Perform weekly NII and MtM movements by measuring the impact of new deals, amendments, cancellations as well as changes in yield curves etc.

• Pro-actively monitor all operational, valuation and risk management issues pertaining to the trading portfolios assigned

• Communication of Weekly, MTD and YTD results to the Desk Head, compare P&L Estimate vs. Actual results –explain variances and obtain sign-off

• Prepare all monthly accounting entries to the G/L and conduct reconciliations to ensure figures are properly tied back to the systems of record

• Provide support to Statutory and Regulatory Reporting and Head Office as it relates to the business – filling out relevant templates and providing adequate back up

• Identify opportunities to improve valuation and risk reports and pro-actively streamline processes to improve productivity

• Perform daily PNL and Balance Sheet reconciliations to ensure figures are properly tied back to the systems of records

What do you need to succeed?

Must have

• 2+ years' of experience in a sophisticated Treasury or Capital Markets environment, supporting a trading desk

• Excellent MS Excel, VBA,SQL, Database

• Strong analytical, problem-solving, interpersonal and communication skills

• Able to work effectively and reliably under pressure

• Advanced understanding of procedures and operational controls as they relate to trading systems and workflows

Nice-to-have

• Canadian Securities Course

• CPA or Accounting Background

• CFA Candidates or Charter holders

• SQL data coding experience

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 and competitive compensation

• Leaders who support your development through coaching and managing opportunities

• Ability to make a difference and lasting impact

• Flexible work/life balance options

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

• Opportunities to do challenging work

Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.

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.