Valuations Control Analyst

Job Summary

Job Description

What is the Opportunity?

The Valuations Control Analyst will perform Independent Price Verification (IPV) and other Valuation Adjustments (VA) across a wide range of mainly FX derivative positions for RBC. The Analyst will design and maintain a robust valuations environment while ensuring market valuations are accurate, timely, and representative of traded markets.

What will you do?

• Play a key role in the production and methodology for IPV and VAs relating to the designated complex trading books. Ensure IPV issues outside accepted tolerances are reported and dealt with promptly. Calculate monthly valuation adjustments.
• Play a key role in the provision of detailed reports and analysis to RBC risk committees, business heads, senior managers, and heads of Valuations, Market Risk, and Finance on VA/IPV results.
• Ensure that existing VA/IPV processes continue to be aligned and keep pace with the business, and Regulator and Accounting Best Practice.
• Ensure that all VA/IPV processes are complete and follow RBC’s risk policies and procedures. Identify and escalate appropriate improvements.
• Develop new and enhance existing Valuation policies. Documentation of Methods & Practices, Sources of Market Data, Prudential Valuations & Stress Test of Valuations.
• Ongoing review of related valuations analysis conducted in the Market Risk Group and Product Control to ensure accuracy and consistency across all trading books.

What do you need to succeed?

Must-have

• University Degree in finance, economics, or other quantitative discipline.
• 2+ years’ experience in a relevant area – Valuations or Market Risk experience is an advantage.
• Practical knowledge of financial product pricing and portfolio valuation.
• Advanced understanding of procedures and operational controls as they relate to trading systems and workflows.
• Excellent Excel Skills.
• Strong problem-solving, interpersonal, and communication skills.

Nice-to-have

• Accountancy designation, CFA Charter Holder, FRM, or PRM certification.
• Proficiency in VBA.

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, 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.

Job Skills

Accounting, Balance Sheet Account Reconciliations, Business Analytics, Financial Accounting, Financial Accounting Systems, General Ledger Administration, Group Problem Solving, Month End Reporting, Valuating (Inactive).

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: 2025-04-16

Application Deadline: 2025-05-01

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.

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 jobs.rbc.com.