Manager, Product Control

Royal Bank of Canada•Toronto, ON

21h•Onsite

About The Position

As a Manager, Product Control, you will be responsible to provide quality analytical support to the Corporate Treasury Product Control area by performing Weekly NII and mark-to-market valuation, P&L reconciliation and generating risk / position reports on an accurate and timely basis.

Requirements

2+ years' of experience in a sophisticated Treasury or Capital Markets environment, supporting a trading desk
Excellent MS Excel, VBA,SQL, Database
Strong analytical, problem-solving, 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

Nice To Haves

Canadian Securities Course
CPA or Accounting Background
CFA Candidates or Charter holders
SQL data coding experience

Responsibilities

Weekly and Monthly NII and P&L production, month-end reporting and reconciliation
Act as the primary point person for all Front Office queries and issues and effectively monitor, track, and complete tasks in a timely fashion
Perform weekly NII and MtM movements by measuring the impact of new deals, amendments, cancellations as well as changes in yield curves etc.
Pro-actively monitor all operational, valuation and risk management issues pertaining to the trading portfolios assigned
Communication of Weekly, MTD and YTD results to the Desk Head, compare P&L Estimate vs. Actual results –explain variances and obtain sign-off
Prepare all monthly accounting entries to the G/L and conduct reconciliations to ensure figures are properly tied back to the systems of record
Provide support to Statutory and Regulatory Reporting and Head Office as it relates to the business – filling out relevant templates and providing adequate back up
Identify opportunities to improve valuation and risk 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