Manager, Product Control

RBC•Toronto, ON

6d•Onsite

About The Position

As a Manager, Corporate Treasury Product Control, you will manage the delivery of Profit & Loss reporting and reconciliations for the Corporate Treasury Product Control team, specifically supporting the Asset Liability Management (ALM) business. Analyze & report the weekly and monthly trading activity in the books, and ensure that all activity, as well as reconciliations and attestations, are accurate and complete. Conduct reconciliations to ensure figures are properly tied back to the systems of records. Ensure there are key controls in place to attest to the integrity of Corporate Treasury P&L.

Requirements

Excellent analytical, problem solving, interpersonal and communication skills
2+ years of experience in a Capital Markets environment and/or supporting a trading desk
Familiar with fixed income products and strategies, including bond and swaps
Proficient in SQL and Microsoft Office (particularly Excel)
Ability to work in a high demanding environment with tight deadlines; solve and fix problems within a short period of time
Ability to deal with problems that are not well defined and create clear and concise solutions with feedback from stakeholders
Experience creating and analyzing large datasets to drive business insights.
Strong understanding of loans and deposits systems as well as downstream Finance systems, such as OLMS, OLBB, DDA, BVI, CGID, and ALRET.

Nice To Haves

CFA Candidates or Charter holders, pursuing accounting designation or CPA holder
Experience building financial models
Experience with trading system migration and change management

Responsibilities

Collaborate closely with Finance, business, risk management, and IT partners to enhance control environment and drive transparency
Assist in developing a robust ALM P&L reporting process through leveraging existing and new data infrastructure
Responsible for the production of weekly & monthly P&L, month-end reporting and reconciliation
Review & enter all monthly accounting entries to the General Ledger and conduct reconciliations to ensure figures are properly tied back to the systems of records as these figures are reported in the Bank’s financials
Address queries from external and internal clients with regards to trade booking, P&L, spreads, reporting issues
Prepare analysis / reports to meet ad-hoc requests as necessary, such as mark-to-market, performance metrics or regulatory disclosure requirements
Ensure that all daily and monthly procedure manuals and documentation are complete and up-to-date for the area
Identify opportunities to improve the desks’ reconciliation and reports and pro-actively streamline processes to improve productivity
Provide recommendations to ensure adequate internal controls and data integrity across systems and databases

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