Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

Manager, Product Control

Job Description

P&L production, accounting entries, 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 valuation and analyze MTM movements of swaps, bonds and securitized products in the trading book by measuring the impact of new deals, amendments, cancellations as well as changes in yield curves, rate reset and time decay where applicable

Submit all monthly accounting entries to the general ledger and conduct reconciliations to ensure figures are accurate and complete and properly tied back to the systems of records.  Ensure there are key controls in place to attest to the integrity of Corporate Treasury P&L. 

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

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 on a monthly basis.

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

BA / BS or equivalent with emphasis in finance, economics or other quantitative discipline

3+ years of experience in a sophisticated Finance environment with an understanding of retail banking products

Strong analytical, problem solving, interpersonal and communication skills.

Above average quantitative and PC skills an asset; Database, programming skills a plus

Ability to work effectively and reliably under pressure

Nice-to-have

Working knowledge of database design concepts

Experience relating to data analytics and visualization

Continuous improvement and innovation mindset

Solid understanding of procedures and operational controls as they relate to Canadian Banking

Job Summary

As a Manager, Product Control, you will be responsible to provide quality analytical support to the Capital Markets’ Mortgage Investment Group and Corporate Treasury Product Control area by performing mark-to-market valuation, P&L reconciliation and reporting on an accurate and timely basis. Become SME for the Securitization business unit.

Address:

TORONTO, Ontario, Canada

City:

CAN-ON-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:

2022-04-01-07:00

Application Deadline:

2022-04-15-07:00

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.

​​​​​​​

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.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers.