Manager, Product Control - Toronto, Canada - Royal Bank of Canada

Royal Bank of Canada

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Job Summary

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?
Daily P&L production, month-end reporting and reconciliations

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 proactively 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
Proactively monitor all operational issues pertaining to the trading portfolios assigned

What you need to succeed?

Must Have

University Degree
2+ years of Product Control or related experience
Excellent Excel Skills
Good understanding of Investment products
Strong problemsolving, 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 mínimal guidance from manager

Nice to Have

Canadian Securities Course

Job Skills
Accounting, Business Analytics, Financial Accounting Systems, General Ledger Administration, Group Problem Solving

Additional Job Details

Address:

ROYAL BANK PLAZA, 200

BAY ST:

TORONTO

City:

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:

Application Deadline:

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.

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