Manager - Product Control – Central Funding Group

RBC; Toronto; On-site; CAD 90,000 - 130,000; Full time

Benefits offered by this job

Total rewards program including bonus

Development opportunities

Collaborative team environment

Job summary

RBC in Toronto is seeking a Product Control professional to manage daily P&L production and reconciliations across platforms. You will liaise with Front/Middle Office, IT, and Trading Processing to ensure timely and accurate reporting.

The role requires 4+ years in Product Control, strong Excel skills, and solid knowledge of investment products. You will support audits and continuously improve valuation processes within the Office of the CFO.

Qualifications

• Must have an University Degree.
• Product Control experience.
• Experience with Cash Funding products (Repos/RevRepos).
• Product knowledge with various other assets classes (IRS’s and bonds).
• Minimum 4 years of Product Control or related experience.
• Excellent Excel skills.
• Good understanding of Investment products.
• Strong problem-solving, interpersonal and communication skills.
• Able to work effectively and reliably under pressure.

Responsibilities

• Accountable for P&L production and analysis across one or multiple platforms.
• Inform senior management of irregularities with potential exposure.
• Prepare monthly G/L entries and perform reconciliations to systems of record.
• Collaborate with Product Control team and provide guidance/training.
• Identify opportunities to streamline valuation reports and processes.
• Perform daily P&L and Balance Sheet reconciliations to ensure accuracy.
• Maintain knowledge of asset handling by Front Office systems.
• Provide information to satisfy audit requests from internal and external auditors.
• Develop understanding of RBC operations and business units.

Skills

P&L reporting

Analytical thinking

Problem-solving

Communication skills

Attention to detail

Independence under pressure

Education

University Degree

Canadian Securities Course

CFA Candidate or Charter holder

Tools

Excel

G/L systems

Trading platforms / Front Office systems

Job description

What is the Opportunity?

Provide quality support to the Central Funding business by performing daily mark-to-market valuation, P&L reporting and reconciliation on an accurate and timely basis. Liaise with Front Office, Middle Office, Information Technology, Trading Processing, Financial Control and other operating units to facilitate trading activities and daily P&L production.

What will you do?

• Accountable for the P&L production and analysis across within a platform or multiple platforms across the bank


• Inform senior management of any irregularities that may present potential exposure to the firm


• Prepare all monthly accounting entries to the G/L and conduct reconciliations to ensure figures are properly tied back to the systems of record


• Work closely with all members of the Product Control team, providing guidance and cross training when required


• Identify opportunities to improve valuation 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


• Maintain a solid knowledge base of how various asset classes are handled by the Front Office systems


• Provide information to satisfy audit requests from both internal and external auditors


• Develop an understanding of RBC operations and the functions of various business units across the firm


• Pro-actively monitor all operational issues pertaining to the trading portfolios assigned


• The role involves covering London Desk so login would be 6:30am

What do you need to succeed

Must have:

• University Degree


• Product Control experience


• Experience with Cash Funding products (Repos/RevRepos)


• Product knowledge with various other assets classes (IRS’s and bonds)


• Minimum 4 years of Product Control or related experience


• Excellent Excel Skills


• Good understanding of Investment products


• Strong 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

Nice-to-have:

• Canadian Securities Course


• CFA Candidates or Charter holders

What’s in it for you

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits


• Leaders who support your development through coaching and managing opportunities


• Ability to make a difference and lasting impact


• Work in an agile, collaborative, progressive, and high-performing team


• The opportunity to interface with senior level executives from many different parts of the organization

Job Skills

Accounting, Business Analytics, Financial Accounting Systems, General Ledger Administration, Group Problem Solving, P&L Reporting

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: 2026-11-05

Application Deadline: 2026-12-31

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

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.