Associate - Product Controller
RBC Capital
Job Description
**Please note special working hours: 6.30 am to 3pm EST as you will be supporting the London desk**
What is the opportunity?
As an Analyst Product Control – Production, you will responsible to provide quality support to various banking platforms across multiple asset classes and strategies, by performing daily mark-to-market valuation, Profit and Loss (P&L) reporting and reconciliation on an accurate and timely basis, liaise with other parts of Product Control, Front Office, Middle Office, Information Technology, Trade Processing, Financial Control and other operating units to facilitate trading activities and daily P&L production
What will you do?
Accountable for certain P&L production, reporting and reconciliation tasks within a platform or multiple platforms across the bank.
Inform senior management of any irregularities that may present potential exposure to the firm and work closely with all members of the Product Control team, providing guidance and cross training when required.
Identify opportunities to improve 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.
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 and Pro-actively monitor all operational issues pertaining to the trading portfolios assigned.
Develop an advanced understanding of procedures and operational controls as they relate to trading systems and workflows.
Working hours: 6.30 am to 3pm EST.
What do you need to succeed?
Must-have
- University Degree in a business, accounting, or related field
- Excellent Excel Skills (VLOOKUPs and Pivot tables, VBA)
- Good understanding of financial instruments
- Strong problem-solving, interpersonal and communication skills
Nice-to-have
- Canadian Securities Course
- CFA Candidates or Charter holders
- Strong ability to work independently with minimal guidance from manager.
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
- Opportunities to do challenging work
Job Skills
Accounting, Business Analytics, Financial Accounting Systems, General Ledger Administration, Group Problem SolvingAdditional 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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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.