{bc}
indeed

Manager - Product Control

RBC
Toronto, CAN
Full-time
Senior
Onsite
Discovered Today
P&L production and decompositionBalance sheet substantiationReconciliation and attestationCapital MarketsInterest-rate financial instrumentsMicrosoft Excel

Full Job Posting

Role overview

The Product Control Central Funding Canada Team supports RBC Capital Markets desks through P&L production, P&L decomposition and balance-sheet substantiation.

The Manager is responsible for P&L production, attestations and month-end activities for assigned Central Funding businesses, analyzing Front Office performance and managing risk to financial results.

Responsibilities

  • Produce daily and month-end P&L, P&L decomposition, balance-sheet substantiation and independent price verification completeness reporting.
  • Report daily and month-to-date results to CFG desks; compare estimated and actual P&L, explain variances and obtain sign-off.
  • Comment on significant P&L movements for Front Office, Financial Control and Risk, monitoring relevant operational and market issues.
  • Build knowledge of RBC repo and fixed-income products and system flows; maintain relationships with business partners across the organization.
  • Act as primary contact for queries and issues, escalate irregularities and potential exposures, and provide guidance or cross-training as needed.
  • Prioritize activities and reports to meet deadlines; identify, test and implement process enhancements and support onboarding products, systems and process flows.
  • Participate in internal and external audits and keep procedures current.

Must-have qualifications

  • Bachelor’s degree or equivalent and at least 2 years of Capital Markets experience.
  • Excellent Excel skills, including VLOOKUP, Pivot Tables and SUMIF.
  • Strong oral and written communication and analytical skills; good understanding of interest-rate financial instruments.
  • Sound knowledge of reconciliation and attestation processes and understanding of process improvement.
  • Proactive, organized and detail-oriented, with initiative, integrity, ownership and ability to meet tight daily and monthly deadlines.

Preferred qualifications

  • Relevant Product Control experience at a financial institution is an asset.
  • Familiarity with RBC fixed-income and general-ledger applications such as TOMS, Monaco, Apex, ADP or PEGA is an asset.
  • VBA proficiency and experience developing, debugging or optimizing code in Excel, Access or Outlook is an asset.
  • Procedure and documentation experience is an asset.

Benefits

  • The posting describes a comprehensive Total Rewards Program with bonuses and flexible benefits, development opportunities, and work in a collaborative team.

Work details

  • Employment type is full time; the posting lists a 37.5-hour work week and a Toronto office address.

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