Manager Product Control
RBC Capital
Job Description
What is the opportunity?
The Manager Product Control will provide quality support to various banking platforms across Global Equity strategies, by performing daily mark-to-market valuation, P&L reporting and reconciliation on an accurate and timely basis. Additionally, the will 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?
Responsible for daily P&L production, month-end reporting and reconciliations
Accountable for the P&L production and analysis 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
Maintain a solid knowledge base of how various asset classes are handled by the Front Office systems
Perform testing of new system update releases
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
What do you need to succeed?
Must-Have
University Degree
Experience with Equities and equity derivative products
Product knowledge with various other assets classes
Minimum two 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, 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
Opportunities to do challenging work
Job Skills
Accounting Journal Entries, Balance Sheet Account Reconciliations, Balance Sheets, Daily Reporting, Derivatives, Equities, Month End Reporting, Monthly Accounting, P&L Reporting, Problem Solving, Product Controlling, Working IndependentlyAdditional Job Details
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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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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.