Associate Director, Product Control

Job Description

What is the opportunity?

This role supports the Corporate Treasury (CT) business within the Product Control team under the CFO Finance group.

The incumbent is primarily responsible for the effective production and improvement of the weekly and monthly Profit and Loss (P&L) reporting for the Corporate Treasury business. This involves managing a team of product controllers to drive critical P&L accuracy and transparency enhancement projects. The Associate Director will also ensure effective communication of reporting and findings to business and Finance stakeholders, as well as to senior management teams.

What will you do?

• Lead a team of two to produce P&L and decomposition of P&L
• Collaborate closely with Finance, CT business, risk management, and IT partners to enhance control environment and drive transparency
• Develop and maintain a robust CT P&L reporting process through leveraging existing and new data infrastructure
• Play key role in the P&L control environment; provide assurance over accuracy and completeness of financial results
• Ensure timely production of weekly and monthly P&L reporting, as well as investigation into material variances between P&L estimate vs. Actual
• Design, deliver, and implement P&L analytic development projects, with the use of RBC's analytics tools
• Communication of monthly estimate and actual results to Finance stakeholders and senior management
• Ensure that project activities are accomplished within approved time frames, scope, and budgets
• Work with data warehouses on various projects
• Prepare reconciliation / analysis / reports to meet ad-hoc requests as necessary
• Work in a dynamic, collaborative, progressive and highly performing team
• Ability to make a real impact to the bank and have decisions that will change how we do business

What do you need to succeed?

Must-have

• 3+ years' of experience in Product Control or a closely related role
• Proven experience and strong overall understanding of fixed income and derivative products, as well as their usage in a treasury setting
• Strong leadership, analytical, communication and people management skills
• Ability to make decisions and collaborate effectively with people
• Ability to deal with problems that are not well defined and create clear and concise solutions with feedback from many users
• Experienced in project management and change management

Nice-to-have

• Graduate degree in Finance and/or degree in data analytics
• Experience working with Big Data to drive Business Driver insights and analytics
• Experience building financial models

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
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in an agile, collaborative, progressive, and high-performing team
• Opportunities to take on progressively greater accountabilities 
• The opportunity to interface with senior level executives from many different parts of the organization

#LI-POST

Job Skills

Accounting, Business Analytics, Employee Success, Financial Accounting Systems, General Ledger Administration, Group Problem Solving, Team Management

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

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.

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