Manager, Financial Instruments & Securities Reporting

RBC•Toronto, ON

1d•Onsite

About The Position

The Manager, Financial Instruments & Securities Reporting will be responsible for supporting the Senior Manager in efficient and effective delivery of the enterprise wide financial instruments classification, securities reporting processes and disclosures. These processes are critical to providing governance and control and ensuring meaningful disclosures regarding RBC’s financial instruments and securities portfolio are provided to Shareholders, Regulators and the Analyst community. The Manager will also support the implementation of process changes to drive efficiency and meet changing external requirements, while maintaining an exceptional control environment.

Requirements

CPA designation or equivalent
Bachelors Degree in Accounting/Finance field
Ability to think critically, challenge financial data when inconsistent or illogical through data analysis, and excellent attention to detail
Independently propose solutions to problems and, leveraging business and strategic insights, recommend a course of action to reporting manager and team members
Manage timelines and project progress through both personal accountability and through coordinating with team members, manager and other stakeholders
Ability to document complex subject matter though strong written and oral-communication skills
Talent for analyzing large data sets using advanced Excel functions
Curiosity to explore better ways of working maintaining a strong governance mindset, accompanied by a drive to take ownership for and resolve issues with a sense of urgency.
Ability to multitask and handle multiple requests on an ongoing basis

Nice To Haves

CFA designation
Experience and understanding of RBC’s businesses and transactions, and associated risks & returns.
Financial reporting or securities reporting experience is preferred

Responsibilities

Consolidate the monthly Securities portfolio to populate quarterly disclosures and monthly deliverables while adding transparency and maintaining financial controls
Support the coordination of bank wide reporting of various disclosures such as but not limited to Financial Instruments Levelling, Level 3 Roll forward, Sensitivities and Unobservable Inputs.
Conduct complex data analysis with large datasets to identify trends, insights and analyze reports and related data for completeness, accuracy, consistency with other disclosure and identify data quality issues.
Prepare regulatory reports while ensuring accuracy and timely delivery
Prepare consolidation elimination entries, reconciliations and variance analysis for review by team members or manager in support of monthly and quarterly close processes
Prepare and maintain process documentation, accounting guidance, and operational guidance for assigned financial disclosures and regulatory returns
Work with internal and external auditors to ensure effectiveness of internal controls and audit of external disclosures
Collaborate with Business Platforms, Finance, Group Risk Management and Treasury, and valuations for reporting purposes
Provide and implement recommendations on process improvements, automation, and opportunities to enhance controls and/or processes
Be an active participant in cross-training with other team-members to ensure team resilience and business continuity planning
Work cross functionally with the P&L team in relation to the preparation of certain P&L related deliverables
Preparation of certain P&L accrual reconciliations.
Consolidate and prepare non-financial related metrics for RTS.

Benefits

bonuses
flexible benefits
competitive compensation
commissions
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
Opportunities to do challenging work