Manager, Product Control at Royal Bank of Canada | Ontario | Rezi

Manager, Product Control at Royal Bank of Canada

Manager, Product Control

Royal Bank of Canada · Ontario

Today

Manager, Product Control

Royal Bank of Canada · Ontario

12 hours ago
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About the Role

As a Manager Product Control, you will provide quality analytical support to the Capital Markets’ Treasury Services Product Control area by performing daily and monthly mark-to-market valuation, P&L reconciliation, and generating risk/position reports accurately and timely.

Responsibilities

  • Perform daily P&L production, month-end reporting, and reconciliation.
  • Act as the primary point person for Front Office queries and issues, monitoring and completing tasks promptly.
  • Conduct daily valuation and analyze MTM movements, measuring the impact of new deals, amendments, cancellations, and changes in yield curves, volatilities, convexity bias, rate reset, and time decay.
  • Pro-actively monitor operational, valuation, and risk management issues for assigned trading portfolios.
  • Communicate Daily, MTD, and YTD results to the Desk Head, comparing P&L Estimate vs. Actual results and explaining variances.
  • Prepare monthly accounting entries to the G/L and conduct reconciliations.
  • Provide support to Statutory and Regulatory Reporting and Head Office.
  • Identify opportunities to improve PNL, valuation, and risk reports and streamline processes.
  • Perform daily PNL and Balance Sheet reconciliations.

Requirements

  • 2+ years of experience in a sophisticated Treasury or Capital Markets environment, supporting a trading desk.
  • Advanced understanding of procedures and operational controls related to trading systems and workflows.
  • Ability to work effectively and reliably under pressure.

Skills

  • Microsoft Excel (with VBA)
  • Database
  • SQL/Python
  • AI for process automation
  • Analytical skills
  • Problem-solving skills
  • Interpersonal skills
  • Communication skills
  • Accounting
  • Business Analytics
  • Financial Accounting Systems
  • General Ledger (GL)
  • General Ledger Administration
  • Group Problem Solving
  • Microsoft Access
  • Microsoft Excel Functions
  • Microsoft Excel Macros
  • Microsoft Excel VBA Programming
  • Pivot Tables

Location

  • ROYAL BANK PLAZA, 200 BAY ST:TORONTO
  • Toronto
  • Canada

Work Type

  • Full time
  • Salaried

Experience Level

  • Manager

Benefits

  • Bonuses
  • Flexible benefits
  • Competitive compensation
  • Commissions
  • Stock where applicable

About the Company

  • At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC.
  • We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world.
  • Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities.
  • RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.