Manager, Financial Instruments and Securities Reporting

Job Summary

Job Description

What is the opportunity?

The Manager, Financial Instruments & Securities Reporting will be responsible for supporting the Senior Manager in efficient and effective delivery of the enterprise wide financial instruments classification, securities reporting processes and disclosures. These processes are critical to providing governance and control and ensuring meaningful disclosures regarding RBC’s financial instruments and securities portfolio are provided to Shareholders, Regulators and the Analyst community. The Manager will also support the implementation of process changes to drive efficiency and meet changing external requirements, while maintaining an exceptional control environment.

What you will do?

Key member of the team in preparing and delivering RBC’s annual, quarterly and regulatory deliverables:

• Consolidate the monthly Securities portfolio to populate quarterly disclosures and monthly deliverables while adding transparency and maintaining financial controls
• Support the coordination of bank wide reporting of various disclosures such as but not limited to Financial Instruments Levelling, Level 3 Roll forward, Sensitivities and Unobservable Inputs.
• Conduct complex data analysis with large datasets to identify trends, insights and analyze reports and related data for completeness, accuracy, consistency with other disclosure and identify data quality issues.
• Prepare regulatory reports while ensuring accuracy and timely delivery
• Prepare consolidation elimination entries, reconciliations and variance analysis for review by team members or manager in support of monthly and quarterly close processes
• Prepare and maintain process documentation, accounting guidance, and operational guidance for assigned financial disclosures and regulatory returns
• Collaborate with internal and external stakeholders for completion of other critical tasks:
  • Work with internal and external auditors to ensure effectiveness of internal controls and audit of external disclosures
  • Collaborate with Business Platforms, Finance, Group Risk Management and Treasury, and valuations for reporting purposes
• Provide and implement recommendations on process improvements, automation, and opportunities to enhance controls and/or processes
• Be an active participant in cross-training with other team-members to ensure team resilience and business continuity planning

What do you need to succeed?

Must-have

• 4+ years relevant experience in the financial services industry and/or accounting/finance reporting environment
• Strong analytical, organization and problem solving skills; ability to drive process improvements and efficiencies
• Strong attention to detail and accuracy and ability to multi-task under tight deadlines
• Advanced technical knowledge of IFRS, particularly with respect to Financial Instruments and Securities
• Excellent computer skills (advanced Excel and navigation through large datasets)
• Excellent written and verbal communication skills; interpersonal skills

Nice-to-have

• Chartered Professional Accountant designation, or International equivalent
• Strong understanding of financial institutions, including all facets of RBC’s business and other activities
• Desire to question the status quo and to be bold to make significant impactful changes
• Innovative, organized, able to handle and disseminate a significant amount of information from multiple sources

Job Skills

Accounting, Auditing, Confidentiality, Detail-Oriented, Financial Accounting Systems, Financial Recordkeeping, Financial Reporting and Analysis, General Ledger Administration, Generally Accepted Accounting Principles (GAAP)

Additional Job Details

Address:

20 KING ST W: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:

2024-11-25

Application Deadline:

2024-12-11

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 embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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