Manager, Product Control

RBC; Toronto; On-site; CAD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a Manager for Product Control to provide analytical support in Capital Markets. In this role, you will manage daily mark-to-market valuations, P&L reconciliations, and risk reports while collaborating closely with the Front Office. Your expertise in financial systems and strong analytical skills will drive improvements in processes and reporting. Join a dynamic team where your contributions will enhance operational efficiency and support strategic decision-making. This is a fantastic opportunity to grow your career in a leading financial institution committed to innovation and excellence.

Qualifications

• 2+ years of experience in Treasury or Capital Markets supporting a trading desk.
• Excellent analytical, problem-solving, and communication skills required.

Responsibilities

• Daily P&L production, month-end reporting, and reconciliation tasks.
• Monitor operational, valuation, and risk management issues for trading portfolios.

Skills

Analytical Skills

Problem-Solving

Communication Skills

MS Excel

Database Skills

SQL Skills

Education

Canadian Securities Course

Derivative Fundamental Course

CFA Candidates or Charter holders

Tools

General Ledger Administration

Financial Accounting Systems

Job description

Job Summary

Job Description

What is the opportunity?

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

Please note working hours for this role will be 7:00am to 3:00pm.

What will you do?

• Daily 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 daily valuation and analyze MTM movements by measuring the impact of new deals, amendments, cancellations as well as changes in yield curves, volatilities, convexity bias, rate reset and time decay where applicable
• Pro-actively monitor all operational, valuation and risk management issues pertaining to the trading portfolios assigned
• Communication of Daily, 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

What do you need to succeed?

Must have

• 2+ years' of experience in a sophisticated Treasury or Capital Markets environment, supporting a trading desk
• Excellent MS Excel, Database and SQL Skills
• 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-have

• Canadian Securities Course
• Derivative Fundamental Course
• CFA Candidates or Charter holders

Job Skills

Accounting, Business Analytics, Financial Accounting Systems, General Ledger Administration, Group Problem Solving

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: 2025-04-03

Application Deadline: 2025-04-19

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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