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Financial Control Manager

2 months ago


Toronto, Ontario, Canada Royal Bank of Canada Full time
Job Summary

We are seeking a highly skilled Financial Control Manager to join our team at Royal Bank of Canada. As a key member of our Canadian Banking Financial Control team, you will play a critical role in ensuring the accuracy and timeliness of credit quality reporting.

Key Responsibilities
  • Accurate accounting and reporting of monthly allowance for credit losses (ACL) and provision for credit losses (PCL), impairment, and delinquencies.
  • Ensure accurate reconciliation of Stage 3 ACL by preparing Standard of Documentation (SOD) and attesting to the accuracy of the balance sheet accounts.
  • Prepare or review monthly regulatory reporting and quarterly external financial disclosures.
  • Assist in the redesign, testing, and implementation of Canadian Banking's Credit Quality Reporting System.
  • Proactively identify opportunities to further improve control processes, streamline, and improve productivity through manual process changes and automation.
  • Support the preparation for audit readiness, including the enhancement of current policies and procedures for key processes within Platform Control.
  • Lead or participate in ad-hoc projects as required.
Requirements
  • Accounting designation – CPA, CGA, CMA.
  • 3+ years accounting and finance-related experience, including previous experience in financial reporting. Experience in financial control and/or credit risk would be an asset.
  • Strong collaborative skills with the ability to establish strong relationships at all levels across the enterprise.
  • Excellent analytical and problem-solving capabilities, and ability to manage multiple priorities.
  • Exceptional verbal and written communication skills.
  • Strong Excel and PowerPoint skills.
Preferred Qualifications
  • Knowledge of RBC's financial systems and processes.
  • Financial Services industry experience with knowledge of Personal & Commercial Banking Business.
  • Experience with working with big data, including Visualization Tools (i.e. Tableau).
What We Offer

At Royal Bank of Canada, we offer a dynamic and inclusive work environment that values diversity and promotes growth and development. We are committed to building a team of talented professionals who share our passion for excellence and our commitment to making a positive impact in the communities we serve.