Manager, Product Control
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
About the Role
RBC is seeking a Manager, Product Control to provide quality support to various banking platforms by performing daily mark-to-market valuation, P&L reporting, and reconciliation.
Key Skills for This Role
Responsibilities
- Accountable for the P&L production and analysis across within a platform or multiple platforms across the bank
- Inform senior management of any irregularities that may present potential exposure to the firm
- Prepare all monthly accounting entries to the G/L and conduct reconciliations to ensure figures are properly tied back to the systems of record
- Work closely with all members of the Product Control team, providing guidance and cross training when required
- Identify opportunities to improve valuation 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
- Maintain a solid knowledge base of how various asset classes are handled by the Front Office systems
- Perform testing of new system update releases
- Provide information to satisfy audit requests from both internal and external auditors
- Develop an understanding of RBC operations and the functions of various business units across the firm
- Pro actively monitor all operational issues pertaining to the trading portfolios assigned
Requirements
- 2+ years of Product Control or related experience
- Excellent Excel Skills
- Good understanding of Fixed Income Derivative products
- Strong 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
- Strong ability to work independently with minimal guidance from manager
Full Job Posting
What is the opportunity?
- The Manager, Product Control will provide quality support to various banking platforms across multiple asset classes and strategies, by performing daily mark to market valuation, P&L reporting and reconciliation on an accurate and timely basis.
- They will also liaise with Front Office, Middle Office, Information Technology, Trading Processing, Financial Control and other operating units to facilitate trading activities and daily P&L production.
What you will do?
- Accountable for the P&L production and analysis across within a platform or multiple platforms across the bank.
- Inform senior management of any irregularities that may present potential exposure to the firm
- Prepare all monthly accounting entries to the G/L and conduct reconciliations to ensure figures are properly tied back to the systems of record
- Work closely with all members of the Product Control team, providing guidance and cross training when required
- Identify opportunities to improve valuation 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
- Maintain a solid knowledge base of how various asset classes are handled by the Front Office systems
- Perform testing of new system update releases
- Provide information to satisfy audit requests from both internal and external auditors
- Develop an understanding of RBC operations and the functions of various business units across the firm
- Pro actively monitor all operational issues pertaining to the trading portfolios assigned
Must Have
- 2+ years of Product Control or related experience
- Excellent Excel Skills
- Good understanding of Fixed Income Derivative products
- Strong 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
- Strong ability to work independently with minimal guidance from manager
Nice to Have
- Canadian Securities Course
- CFA Candidates or Charter holders
What’s in it for you?
- A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
- Leaders who support your development through coaching and managing opportunities
- 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 work/life balance options
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at RBC
Senior Manager, Business Information Management and Business Intelligence
Toronto, CAN
RBC seeks a Senior Manager to lead a team of data and BI professionals, overseeing end-to-end data pipeline and reporting solutions for Regional Banking. The role requires expertise in ETL, big data, and team leadership
Senior Manager Digital Product Design – Design Systems
Toronto, CAN
RBC is hiring a Senior Manager Digital Product Design to lead the Design System team. You will provide product design direction for a mobile native design system, empower a team, and collaborate with cross-functional par
Senior Manager, Brand Identity
Toronto, CAN
RBC seeks a Senior Manager, Brand Identity to lead the development and execution of the company's visual identity, ensuring consistent brand messaging across all channels. This creative and strategic role involves archit
Principal AI Engineer, Agentic Models and Data Platforms
Calgary, CAN
RBC is seeking a Principal AI Engineer to drive the development of scalable data pipelines and agentic AI systems on enterprise hybrid multi-cloud platforms. The role involves architecting RAG solutions, building evaluat
Analyst, Source Data & Document Traceability- EN
Montreal, CAN
RBC seeks an Analyst for Source Data & Document Traceability to participate in Transaction Testing by requesting and validating source documents. The role involves maintaining the SDDT Directory, collaborating with stake
Senior IAM Systems Support Analyst (Global security)
Calgary, CAN
RBC is seeking a Senior IAM Systems Support Analyst to provide technical support, troubleshooting, and operational management of Identity Access and Authorization services. The role involves supporting identity provision
Director, AI Business Enablement
Toronto, CAN
RBC seeks a Director for AI Business Enablement to drive AI transformation opportunities within a Line of Business. You will engage VP/SVP-level stakeholders, develop AI solution concepts, and partner with technical team
GenAI QE Strategy Lead
Vancouver, CAN
RBC is seeking a GenAI QE Strategy Lead to design and implement testing strategy and automation tools for a GenAI-based development project. The role requires expertise in GenAI testing, Python, CI/CD, and test automatio
Senior Manager, Business Information Management and Business Intelligence
Toronto, CAN
Senior Manager Digital Product Design – Design Systems
Toronto, CAN
Senior Manager, Brand Identity
Toronto, CAN
Principal AI Engineer, Agentic Models and Data Platforms
Calgary, CAN
Analyst, Source Data & Document Traceability- EN
Montreal, CAN
Senior IAM Systems Support Analyst (Global security)
Calgary, CAN
Director, AI Business Enablement
Toronto, CAN
GenAI QE Strategy Lead
Vancouver, CAN