Manager, Product Control

Royal Bank of Canada; Toronto; On-site; CAD 80,000 - 140,000; Full time

Job summary

The Manager Product Control at a leading bank in Canada will analyze daily P&L reports and ensure accuracy in accounting practices. This role requires strong analytical skills, capital markets experience, and the ability to collaboratively work with various units within the bank to facilitate financial processes.

Qualifications

• 2 years of Capital Markets experience.
• Strong accounting experience.
• Ability to work effectively under pressure.

Responsibilities

• Perform daily P&L reconciliation and analysis.
• Provide insightful P&L commentary.
• Liaison between Traders and Information Technology.

Skills

Analytical

Communication

Problem Solving

Data Analytics

Time Management

Job description

The Manager Product Control will provide quality analytical support to RBCs QSG desk as well as daily P&L reporting and analysis on an accurate and timely basis. The position requires a seasoned professional able to work closely with multiple traders and able to manage the integrity of the local general ledger. The individual must possess an excellent understanding of P / L production comprehensive knowledge of various equity products and balance sheet maintenance.

This is a highly visible role due the nature of the position. The results reported by the individual are relied upon by the Senior Product Controller Senior Management and Front Office to manage the businesses and report financial results to the head office in Canada. They will act as the liaison with Front Office Operations / BCS Information Technology Trading Processing Financial Control and other operating units to facilitate the requirements of the business. Though youll serve as individual contributor youll work within a cohesive collaborate team with a multitude of collective experience from which you can draw.

Youll also have direct exposure to several lines of business as well as an opportunity to interact with Senior Management and Finance teams throughout the organization. These connections and experiences will position you well for further growth at RBC one of the largest financial services firms in the world.

What you will do

• Perform a daily P&L reconciliation and analysis function while maintaining effective validation and controls.
• Responsible for the breakdown and analysis of both sequential and risk-based P&L decomposition
• Provide insightful PL commentary (daily / weekly / monthly)
• Meeting Reporting deadlines and investigating and documenting breaches
• Highlight and analyze New Deal activity including production of Significant Transaction Reviews
• Delivering an alternative method for analyzing different strategies
• Provide advice to the Traders and Senior Managers on trade bookings accounting treatment and reserving for new transactions
• Liaison between the Traders and Information Technology
• Compare and reconcile the Sub Ledger to the General Ledger
• Collaborate with other areas within the firm (FC IT Ops FO IPV Risk Tax)
• Provide documentation and initial responses to queries from internal audit
• Assist in ongoing projects and Ad hoc projects (investigations and development of new tools)

What you need to succeed

Must Have

• 2 years of Capital Markets experience
• Strong accounting experience
• 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
• Strong ability to work independently with minimal guidance from manager

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

Posted Date :

Application Deadline :

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

I nclusion 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.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs career tips and Recruitment events that matter to you.

Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at .

Required Experience :

Manager

Key Skills

Time Management,Data Analytics,Analytical,Agile,Requirement Gathering,Strategic thinking,Visio,Communication,Problem Solving,Market Research,UML,Cross Functional Teams

Experience : years

Vacancy : 1

Create a job alert for this search