RBC

Manager, Product Control - Cash Financing (BB-0489B)

Found in: Neuvoo CA

Description:

What is the opportunity?

The Manager, Product Control will provide quality support to various asset classes and trading strategies within Capital Markets. The Manager will perform daily mark-to-market analysis on Fixed Income securities including Repos & Reverse Repos; as well as perform P&L & P&L Decomposition analysis, reconciliation, and reporting on an accurate and timely basis.

This role will liaise with Front Office, Middle Office, Information Technology, Trading Processing, Financial Control and other operating units to facilitate trading activities, daily P&L production and strategic initiatives.

What will you 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

    • What do you need to succeed?

    Must-have

  • University Degree in finance, economics or other quantitative discipline
  • 2+ years of Product Control or related experience
  • Product knowledge with various other assets classes (IRS’s and bonds)
  • Advanced understanding of procedures and operational controls as they relate to trading systems and workflows
  • Excellent Excel Skills
  • Strong problem-solving, interpersonal and communication skills

    • Nice-to-have

  • Canadian Securities Course
  • CFA Candidates or Charter holders

    • What’s in it for you?

    We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • A comprehensive Total Rewards Program including bonuses and flexible benefits
  • Leaders who support your development through coaching and managing opportunities
  • Ability to make a difference and lasting impact
  • Work in an agile, collaborative, progressive, and high-performing team
  • The opportunity to interface with senior level executives from many different parts of the organization

    • About RBC
    Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit

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    Inclusion and Equal Opportunity Employment
    RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.

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