Manager, Valuations

0000050571 Royal Bank of Canada, Singapore Branch; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading global financial institution is seeking a Manager, Valuation in Toronto to oversee Independent Price Verification (IPV) and ensure compliance in fair value assessments. The ideal candidate will leverage financial expertise to analyze market data and support financial reporting. This full-time role promotes collaboration in a dynamic environment and offers comprehensive resources for professional growth.

Benefits

Competitive compensation

Excellent career development opportunities

Comprehensive Total Rewards Program, including bonuses

Best in Class Employee Recognition Program

Qualifications

• 2+ years expertise in financial products, including derivatives.
• Strong understanding of valuation processes and impacts.
• Attention to detail and excellent multi-tasking skills.

Responsibilities

• Conduct daily, weekly, and monthly IPV and VA calculations.
• Provide analysis to various business sectors on valuation results.
• Develop and enhance existing valuation policies and procedures.

Skills

Expertise in financial products across asset classes

Advanced knowledge of Excel

Good written and verbal communication skills

Education

Undergraduate degree in accounting, finance, or business administration

Tools

Knowledge of VBA

Knowledge of financial analytics software (e.g., Bloomberg, Reuters)

Job description

time left to apply End Date: August 25, 2025 (25 days left to apply)

job requisition id R-0000134928

Job Summary

Job Description

What is the opportunity?

The Manager, Valuation will:

Control function to perform Independent Price Verification (IPV) and other Valuation Adjustments (VA) for RBC’s fair value inventory.

Design and maintain a robust valuations environment to ensure fair value compliance.

Ensure fair value estimates are accurate, timely and representative of traded markets.

What will you do?

Conducting daily, weekly and monthly IPV and VA calculation relating to various FX related products, including derivatives.

Leverage and develop knowledge of financial markets, products and quantitative background to evaluate IPV results and support resolution of IPV difference. Ensure IPV issues outside accepted tolerances are reported and dealt with promptly.

Explore market data sources for the best measure of fair value on the financial instruments.

Ensure that existing VA/IPV processes continue to be aligned and keep pace with the business, and Regulator and Accounting Best Practice.

Provide detailed reports and analysis to RBC regional valuations committees, business heads, senior managers and heads of Valuations, Market Risk and Finance on VA/IPV results.

Communicate with Front Office and/or related counterparties to explain IPV/VA results and/or month over month movement. Lead the coordination of solutions in partnership with product controllers, front office, market risk and other internal groups.

Develop new and enhance existing Valuation policies, including methodology and procedure documentation and sources of external market data, ensure that all VA/IPV processes are complete and follow RBC’s risk policies and procedures.

Challenge existing IPV methodologies, working practices and improve data quality and process efficiencies.

What do you need to succeed?

Must-have

2+ years expertise in any financial products across asset classes, including derivatives (fixed income, equity, FX, repo, etc.)

Undergraduate degree within accounting, finance, business administration or any other relevant discipline

Advanced knowledge of excel

Strong understanding of valuation process and impact

Good written and verbal communication skills

Nice to have

Knowledge of VBA, Python and database tool such as SQL is a plus

Knowledge of Bloomberg, Markit/Totem, Reuters and other financial analytics software is a plus.

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 operate collaboratively in an office environment where we are onsite 4 days per week. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

Excellent exposureto communicate with various business partners and stakeholders

Opportunity to obtain hands-on experience throughout your role

Working with an exciting, close-knit, supportive & dynamic group

Opportunity to collaborate with other business segments within RBC

Access to top tier learning resources to help shape your professional career

Excellent career development and progression opportunities

A comprehensive Total Rewards Program including bonuses and flexible benefits

Competitive compensation

“Best in Class” Employee Recognition Program

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

* Drives RBC’s high-performance culture

* Enables collective achievement of our strategic goals

* Generates sustainable shareholder returns and above market shareholder value

#LI-POST

Job Skills

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

Job Summary

Job Description

What is the opportunity?

The Manager, Valuation will:

• Control function to perform Independent Price Verification (IPV) and other Valuation Adjustments (VA) for RBC’s fair value inventory.

• Design and maintain a robust valuations environment to ensure fair value compliance.

• Ensure fair value estimates are accurate, timely and representative of traded markets.

What will you do?

• Conducting daily, weekly and monthly IPV and VA calculation relating to various FX related products, including derivatives.

• Leverage and develop knowledge of financial markets, products and quantitative background to evaluate IPV results and support resolution of IPV difference. Ensure IPV issues outside accepted tolerances are reported and dealt with promptly.

• Explore market data sources for the best measure of fair value on the financial instruments.

• Ensure that existing VA/IPV processes continue to be aligned and keep pace with the business, and Regulator and Accounting Best Practice.

• Provide detailed reports and analysis to RBC regional valuations committees, business heads, senior managers and heads of Valuations, Market Risk and Finance on VA/IPV results.

• Communicate with Front Office and/or related counterparties to explain IPV/VA results and/or month over month movement. Lead the coordination of solutions in partnership with product controllers, front office, market risk and other internal groups.

• Develop new and enhance existing Valuation policies, including methodology and procedure documentation and sources of external market data, ensure that all VA/IPV processes are complete and follow RBC’s risk policies and procedures.

• Challenge existing IPV methodologies, working practices and improve data quality and process efficiencies.

What do you need to succeed?

Must-have

• 2+ years expertise in any financial products across asset classes, including derivatives (fixed income, equity, FX, repo, etc.)

• Undergraduate degree within accounting, finance, business administration or any other relevant discipline

• Advanced knowledge of excel

• Strong understanding of valuation process and impact

• Attention to detail

• Excellent multi-tasking skills

• Good written and verbal communication skills

Nice to have

• Knowledge of VBA, Python and database tool such as SQL is a plus

• Knowledge of Bloomberg, Markit/Totem, Reuters and other financial analytics software is a plus.

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 operate collaboratively in an office environment where we are onsite 4 days per week. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• Excellent exposureto communicate with various business partners and stakeholders

• Opportunity to obtain hands-on experience throughout your role

• Working with an exciting, close-knit, supportive & dynamic group

• Opportunity to collaborate with other business segments within RBC

• Access to top tier learning resources to help shape your professional career

• Excellent career development and progression opportunities

• A comprehensive Total Rewards Program including bonuses and flexible benefits

• Competitive compensation

• “Best in Class” Employee Recognition Program

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

* Drives RBC’s high-performance culture

* Enables collective achievement of our strategic goals

* Generates sustainable shareholder returns and above market shareholder value

#LI-POST

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:

2025-07-29

Application Deadline:

2025-08-25

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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About Us

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com .

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