Manager Product Control

Job SummaryJob DescriptionWhat is the opportunity?As a Manager, Product Control, you will be responsible to provide quality analytical support to the Capital Markets’ Treasury Services Product Control area by performing daily mark-to-market valuation, P&L reconciliation and generating risk / position reports on an accurate and timely basis.Please note working hours for this role will be 7:00am to 3:00pm.What will you do?Daily P&L production, month-end reporting and reconciliationAct as the primary point person for all Front Office queries and issues and effectively monitor, track, and complete tasks in a timely fashionPerform daily valuation and analyze MTM movements by measuring the impact of new deals, amendments, cancellations as well as changes in yield curves, volatilities, convexity bias, rate reset and time decay where applicablePro-actively monitor all operational, valuation and risk management issues pertaining to the trading portfolios assignedCommunication of Daily, MTD and YTD results to the Desk Head, compare P&L Estimate vs. Actual results – explain variances and obtain sign-offPrepare all monthly accounting entries to the G/L and conduct reconciliations to ensure figures are properly tied back to the systems of recordProvide support to Statutory and Regulatory Reporting and Head Office as it relates to the business – filling out relevant templates and providing adequate back upIdentify opportunities to improve valuation and risk reports and pro-actively streamline processes to improve productivityPerform daily PNL and Balance Sheet reconciliations to ensure figures are properly tied back to the systems of recordsWhat do you need to succeed?Must have2+ years' of experience in a sophisticated Treasury or Capital Markets environment, supporting a trading deskExcellent MS Excel, Database and SQL SkillsStrong analytical, problem-solving, interpersonal and communication skillsAble to work effectively and reliably under pressureAdvanced understanding of procedures and operational controls as they relate to trading systems and workflowsNice-to-haveCanadian Securities CourseDerivative Fundamental CourseCFA Candidates or Charter holdersJob SkillsAccounting, Business Analytics, Financial Accounting Systems, General Ledger Administration, Group Problem SolvingAdditional Job DetailsAddress: ROYAL BANK PLAZA, 200 BAY ST:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: OFFICE OF THE CFOJob Type: RegularPay Type: SalariedPosted Date: 2025-04-03Application Deadline: 2025-04-19Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above.Inclusion and Equal Opportunity EmploymentAt 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 CommunityStay 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. #J-18808-Ljbffr