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Royal Bank of Canada

Global banking, wealth management, and insurance

Manager – Product Control

Financial AccountingConfirmed live in the last 24 hours
Full-timeToronto, ON, CanadaNo salary listedIn-person

About the Job

Requirements

  • At least 2 years of experience in a sophisticated Treasury or Capital Markets environment supporting a trading desk.
  • Excellent Microsoft Excel skills, including Visual Basic for Applications (VBA), database skills, and Structured Query Language (SQL) or Python skills; experience exploring process automation using artificial intelligence.
  • Strong analytical, problem-solving, interpersonal, and communication skills.
  • Ability to work effectively and reliably under pressure.
  • Advanced understanding of procedures and operational controls related to trading systems and workflows.

Responsibilities

  • Produce daily profit and loss (P&L), complete month-end reporting, and perform reconciliations.
  • Serve as the primary point of contact for Front Office queries and issues, and monitor, track, and complete tasks in a timely manner.
  • Perform daily valuation and analyze mark-to-market (MTM) movements by measuring the impact of new deals, amendments, cancellations, and changes in yield curves, volatilities, convexity bias, rate resets, and time decay where applicable.
  • Proactively monitor operational, valuation, and risk management issues pertaining to assigned trading portfolios.
  • Communicate daily, month-to-date (MTD), and year-to-date (YTD) results to the Desk Head; compare estimated and actual P&L, explain variances, and obtain sign-off.
  • Prepare monthly accounting entries to the general ledger (G/L) and conduct reconciliations to ensure figures tie back to systems of record.
  • Support statutory and regulatory reporting and Head Office reporting for the business by completing relevant templates and providing supporting documentation.
  • Identify opportunities to improve P&L, valuation, and risk reports, and proactively streamline processes to improve productivity.
  • Perform daily P&L and balance sheet reconciliations to ensure figures tie back to systems of record.

About the Company

Royal Bank of Canada

Global banking, wealth management, and insurance

What does RBC do? It provides a wide range of financial services including personal and commercial banking, wealth management, insurance, investor services, and capital markets to clients in Canada, the United States, and 27 other countries. How do its products work? It earns revenue from loans, mortgages, investment products, and advisory services, and uses technology to deliver a seamless client experience across a diversified set of financial services, with an emphasis on digital tools and customer service. How is RBC different from competitors? It combines scale and global reach with a principles-led culture, a strong focus on community impact, and a large, diverse workforce (94,000+ employees) to drive client outcomes and continuous innovation. What is RBC’s goal? To help clients prosper and communities thrive by delivering reliable financial solutions and services while adapting to changing needs and maintaining leadership in the financial sector.

Company size
10,001+
Company stage
IPO
Headquarters
Toronto, Canada
Founded
1864

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