Hedge Accounting Analyst

RBC; Toronto; On-site; CAD 150,000 - 200,000; Full time

Job summary

A leading bank in Toronto seeks a Hedge Accounting Analyst to manage financial control responsibilities in the Enterprise Controllership Group. The role includes managing hedging workflows, preparing regulatory reports, and ensuring effective transactions. Ideal candidates have an undergraduate degree in finance or related fields, strong financial analytical skills, and advanced Excel capabilities. This position offers competitive compensation, a comprehensive rewards program, and opportunities for professional development.

Benefits

Comprehensive Total Rewards Program including bonuses

Competitive compensation and commissions

Flexible work/life balance options

World-class training program in financial services

Qualifications

• Proven knowledge of complex financial instruments and transactions.
• Highly developed communication and interpersonal skills.
• Experience in process improvement and operations management.
• Strong presentation and report writing abilities.

Responsibilities

• Manage end-to-end hedging workflows and system operations.
• Prepare daily inception documentation and validate transaction details.
• Monitor effectiveness testing and prepare net investment hedge reports.
• Assist in preparing monthly and quarterly external regulatory reports.
• Participate in ad-hoc projects as directed by the reporting manager.

Skills

Accounting

Controllership

Decision Making

Detail-Oriented

External Financial Reporting

Finance

Oral Communications

Results-Oriented

Teamwork

Education

Undergraduate degree in Accounting, Finance, Economics or another quantitative field

Tools

Advanced Excel Skills

Job description

Job Description

The Hedge Accounting Analyst will be responsible to manage the financial control responsibilities in the Enterprise Controllership Group with the objective of delivering timely, accurate and reliable financial information. In this capacity, you will be working on the reporting and production aspects of RBC’s Net Investment Hedge thereby helping the bank mitigate its FX risk.

What is the Opportunity

The Hedge Accounting Analyst will be responsible to manage the financial control responsibilities in the Enterprise Controllership Group with the objective of delivering timely, accurate and reliable financial information. In this capacity, you will be working on the reporting and production aspects of RBC’s Net Investment Hedge thereby helping the bank mitigate its FX risk.

What will you do?

• Manage end-to-end hedging workflows and system operations
• Prepare daily inception documentation through validating transaction details
• Perform designations, monitor effectiveness testing, and prepare reporting of the net investment hedge program
• Assist in preparing monthly, quarterly, and yearly external reporting including FS, note disclosures, regulatory reporting & management reporting
• Identify and assist in system and process enhancement initiatives
• Assist in the investigation of all financial and regulatory reporting matters. Maintain technical knowledge and keep abreast of all new accounting developments including hedge accounting changes.
• Participate in ad-hoc projects as directed by reporting manager.

What do you need to succeed?

Must Have

• Knowledge of complex financial instruments and transactions, together with a willingness and interest in developing that knowledge.
• Highly developed communication, interpersonal and negotiation skills are considered necessary for the success of this role. Strong financial, analytical, judgmental and conceptual skills.
• Ability to manage operations workflows and process improvement experience
• Excellent presentation and report writing skills.
• Strong team skills and work ethic.
• Undergraduate degree in Accounting, Finance, Economics or another quantitative field
• Advanced Excel Skills

Nice to Have

• Strong knowledge of the RBC financial systems
• Hedge accounting knowledge is an asset
• Working towards a professional designation such as CFA or CPA

What’s in it for you?

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and 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

Job Skills

• Accounting
• Controllership
• Decision Making
• Detail-Oriented
• External Financial Reporting
• External Reporting
• Finance
• Group Problem Solving
• Oral Communications
• Regulatory Reporting
• Results-Oriented
• Teamwork

Additional Job Details

Address: ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City: Toronto

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: OFFICE OF THE CFO

Job Type: Regular

Pay Type: Salaried

Posted Date: 2025-12-08

Application Deadline: 2026-01-23

Note

Applications will be accepted until 11:59 PM on the day prior to the application deadline date above.

Inclusion and Equal Opportunity Employment

At 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.

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