Manager, Product Control

RBC • Toronto, ON

1d • 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

• Must have 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

Benefits

• bonuses
• flexible benefits
• competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Flexible work/life balance options

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed