Job Description

What will you do?

• Responsible for accurate and complete financial and regulatory reporting for all supported business lines by reviewing monthly GL data, financial results and variances to ensure accuracy, including monitoring of allocations and other intergroup activities.
• Responsible to ensure new products and new transactions are appropriately captured in RBC financial reporting systems, and that appropriate accounting methodologies are applied. In particular, prepare analyses that take into account IFRS accounting implications and external and internal reporting requirements including MD&A, B/S, P&L, note disclosures & supplemental formats.
• Lead and develop a team of finance professionals by providing proper training, coaching, clear direction and expectations. Ensure employees understand RBC vision and purpose, as well as encourage targeted behaviours that align to RBC leadership model.
• Manage the monthly Global Attestation review program to ensure proper financial controls supporting external financial results are in place.  Ensure that global policies and procedures are adhered to by all stakeholders, including Product Control, Operations, and Head Office Financial and Regulatory Reporting.
• Subject matter expert for lending, impairment, consolidation, de-recognition and securitization accounting issues. Maintain technical knowledge and ensure Financial Control, Product Control, and Front Office teams are kept abreast of all new accounting developments.
• Independently manage, coordinate (with Front Office, other Finance groups and Accounting Policy), and execute operational implementations of new accounting and regulatory standards. 
• Coordinate preparation, review, and external audit of various structured entities financial statements.
• Manage and represent Finance function on platform/global IT system projects/initiatives.
• Ensure SOX and RBC EUDA documentation compliance and completeness including new controls/processes.
• Provide SOX sign-offs to Senior Director on monthly financial results.
• Participate in ad-hoc projects as directed by Senior Management.

What do you need to succeed?

Must-have

• CPA designation or equivalent, with 8-10 years of experience.
• Technical mastery of relevant financial and regulatory accounting standards.
• Highly developed communication, interpersonal and collaboration skills are considered necessary for the success of this role. Strong financial, analytical, judgmental and conceptual skills.
• Detailed knowledge of complex financial instruments, financing, securitization and lending transactions.
• Excellent presentation and report writing skills.
• Strong leadership, people management, and team building skills.
• Strong interpersonal skills, due to frequent interaction with Front Office Senior Management, with the ability to explain complex accounting issues in a concise and meaningful manner.

Nice to Have

• Strong knowledge of RBC financial systems.

Job Summary

The Director, Wholesale Finance will be responsible for leading, managing, and empowering a team of accounting and finance professionals, whilst managing the financial control and reporting responsibilities in the Wholesale Finance group with the objective of delivering timely, accurate and reliable financial information.

In addition to being responsible for financial and regulatory reporting, the Director will focus on maintaining a strong internal controls and governance framework within the team and function, analyzing and advising on key business transactions, and partnering and liaising with various business partners and stakeholders to conduct financial analysis and reporting for senior business leaders.