Manager, Valuations

6 days ago

Toronto, Canada Royal Bank of Canada> Full time

Job Summary

Job Description

What is the opportunity?

The Manager, Valuations role is a control function to perform Independent Price Verification (IPV) and other Valuation Adjustments (VA) for RBC’s fair value inventory. This role will design and maintain a robust valuations environment to ensure fair value compliance; while ensuring fair value estimates are accurate, timely and representative of traded markets.

What you will do?

  • Conducting daily, weekly and monthly IPV and VA calculation relating to various Fixed Income products, such as Government Bonds, Corporate Bonds, Securitized Products, and Loans.
  • Leverage and develop knowledge of financial markets, products and quantitative background to evaluate IPV results and support resolution of IPV difference. Ensure IPV issues outside accepted tolerances are reported and dealt with promptly.
  • Explore market data sources for the best measure of fair value on the financial instruments.
  • Ensure that existing VA/IPV processes continue to be aligned and keep pace with the business, and Regulator and Accounting Best Practice.
  • Provide detailed reports and analysis to RBC regional valuations committees, business heads, senior managers and heads of Valuations, Market Risk and Finance on VA/IPV results.
  • Communicate with Front Office and/or related counterparties to explain IPV/VA results and/or month over month movement. Lead the coordination of solutions in partnership with product controllers, front office, market risk and other internal groups.
  • Develop new and enhance existing Valuation policies, including methodology and procedure documentation and sources of external market data, ensure that all VA/IPV processes are complete and follow RBC’s risk policies and procedures.
  • Challenge existing IPV methodologies, working practices and improve data quality and process efficiencies.

Must Have

  • Undergraduate degree with 2+ years of finance related working experience
  •  Expertise in fixed income financial products
  • Advance knowledge of excel
  • Strong understanding of valuation process and impact
  • Attention to details
  • Excellent multi-tasking skills
  • Good written and verbal communication skills

Nice to Have

  • Advanced degree in a quantitative area
  • Knowledge of VBA, Python and database tool such as SQL
  • Knowledge of Bloomberg, Intex, Reuters and other financial analytics software

Job Skills

Accounting, Bloomberg Professional, Bond Pricing, Bond Valuation, Corporate Bonds, Discounted Cash Flow (DCF), Fair Valuation, Financial Accounting Systems, Financial Instruments, Financial Markets, Fixed Income Products, Fixed-Income Securities, Group Problem Solving, Independent Price Verification, IPV (Inactive), Microsoft Excel, Microsoft Excel VBA Programming

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST: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:

2024-09-18

Application Deadline:

2024-10-05

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.

Join our Talent Community

Stay 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.

  • Manager, Valuation

    3 weeks ago

    Toronto, Canada Ontario Teachers' Pension Plan Full time

    The opportunity The Manager, Valuation is responsible for the execution of OTPP’s semi-annual private investment valuation processes, for the purpose of OTPP’s mid-year and year-end financial statement reporting. Private portfolio investments asset classes include private equity, infrastructure, natural resources, venture capital, real estate, and...

  • Valuation Manager

    7 days ago

    Toronto, Ontario, Canada Royal Bank of Canada> Full time

    Job SummaryThe Royal Bank of Canada is seeking a highly skilled Valuation Manager to join our team. As a key member of our Valuations team, you will be responsible for performing Independent Price Verification (IPV) and other Valuation Adjustments (VA) for our fair value inventory.Key ResponsibilitiesConduct daily, weekly, and monthly IPV and VA calculations...

  • Valuation Manager

    3 days ago

    Toronto, Ontario, Canada Royal Bank of Canada> Full time

    Job SummaryThe Royal Bank of Canada is seeking a highly skilled Valuation Manager to join our team. As a key member of our Valuations team, you will be responsible for performing Independent Price Verification (IPV) and other Valuation Adjustments (VA) for our fair value inventory.Key ResponsibilitiesConduct daily, weekly, and monthly IPV and VA calculations...

  • Valuation Manager

    2 days ago

    Toronto, Ontario, Canada Royal Bank of Canada> Full time

    Job SummaryThe Royal Bank of Canada is seeking a highly skilled Valuation Manager to join our team. As a key member of our Valuations team, you will be responsible for performing Independent Price Verification (IPV) and other Valuation Adjustments (VA) for our fair value inventory.Key ResponsibilitiesConduct daily, weekly, and monthly IPV and VA calculations...

  • Manager, Valuations

    2 months ago

    Toronto, Canada MNP Full time

    Job Details Description Inspirational, innovative and entrepreneurial - this is how we describe our empowered teams. Combine your passion with purpose and join a culture that is thriving in the face of change.  Make an impact with our Valuation team as a Manager. This diverse team of valuation professionals works with clients on valuations for...

  • Valuation Manager

    2 weeks ago

    Toronto, Ontario, Canada MNP Full time

    About MNPMNP is a leading national accounting, tax and business advisory firm in Canada, providing business strategies and solutions to entrepreneurs and businesses.Job DetailsWe are seeking a highly skilled and experienced Valuation Manager to join our team. As a trusted advisor, you will provide independent and reliable business valuations that empower...

  • Valuation Manager

    2 weeks ago

    Toronto, Ontario, Canada MNP Full time

    About MNPMNP is a leading national accounting, tax and business advisory firm in Canada, providing business strategies and solutions to entrepreneurs and businesses.Job DetailsWe are seeking a highly skilled and experienced Valuation Manager to join our team. As a trusted advisor, you will provide independent and reliable business valuations that empower...

  • Valuation Manager

    2 days ago

    Toronto, Ontario, Canada MNP Full time

    About MNPMNP is a leading national accounting, tax, and business advisory firm in Canada. We are proud to be a part of the Canadian business community, providing innovative solutions to help our clients thrive.Job DetailsWe are seeking a highly skilled Valuation Manager to join our team. As a trusted advisor, you will provide independent and reliable...

  • Valuation Manager

    2 days ago

    Toronto, Ontario, Canada MNP Full time

    About MNPMNP is a leading national accounting, tax, and business advisory firm in Canada. We are proud to be a part of the Canadian business community, providing innovative solutions to help our clients thrive.Job DetailsWe are seeking a highly skilled Valuation Manager to join our team. As a trusted advisor, you will provide independent and reliable...

  • Valuation Manager

    5 hours ago

    Toronto, Ontario, Canada MNP Full time

    About MNPMNP is a leading national accounting, tax, and business advisory firm in Canada. We are proud to be a part of the Canadian business community, providing innovative solutions to help our clients thrive.Job DetailsWe are seeking a highly skilled Valuation Manager to join our team. As a trusted advisor, you will provide independent and reliable...

  • Valuation Manager

    23 hours ago

    Toronto, Ontario, Canada MNP Full time

    About MNPMNP is a leading national accounting, tax, and business advisory firm in Canada. We are proud to be a part of the Canadian business community, providing innovative solutions to help our clients thrive.Job DetailsWe are seeking a highly skilled Valuation Manager to join our team. As a trusted advisor, you will provide independent and reliable...

  • Manager, Valuation

    4 months ago

    Toronto, Canada Canada Life Assurance Company Full time

    **Job Description**: As **Manager, Reinsurance Valuation** for the Reinsurance Traditional Life block, you will lead actuarial analysts in a variety of engagements, to perform sound valuation analysis and provide assurance over financial reporting activities. The Manager, Reinsurance Valuation reports to the Director, Reinsurance Valuation. **What you will...

  • Valuation Manager

    1 week ago

    Toronto, Ontario, Canada The Mason Group Inc Full time

    Job Description:Our high-profile publicly traded Real Estate company, The Mason Group Inc, is seeking a seasoned Valuation Manager to join our corporate office team. As a key member of our team, you will lead the appraisal and analysis efforts for commercial and mixed-use real estate properties.Key Responsibilities:Lead the creation, review, and maintenance...

  • Valuation Manager

    1 week ago

    Toronto, Ontario, Canada The Mason Group Inc Full time

    Job Description:Our high-profile publicly traded Real Estate company, The Mason Group Inc, is seeking a seasoned Valuation Manager to join our corporate office team. As a key member of our team, you will lead the appraisal and analysis efforts for commercial and mixed-use real estate properties.Key Responsibilities:Lead the creation, review, and maintenance...

  • Valuation Manager

    1 month ago

    Toronto, Ontario, Canada MNP Full time

    Job Details Overview At MNP, we pride ourselves on fostering a culture that is both innovative and entrepreneurial. Our teams are empowered to combine their passion with purpose, thriving amidst change and challenges. Join our Valuation team as a Manager, where you will play a crucial role in delivering independent and trustworthy business...

  • Manager, Valuations

    3 months ago

    Toronto, Canada MNP Full time

    Inspirational, innovative and entrepreneurial - this is how we describe our empowered teams. Combine your passion with purpose and join a culture that is thriving in the face of change. Make an impact with our Valuations team as a Manager. This diverse team of professionals works with clients on a wide range of business disputes and irregularities and...

  • Manager, Valuations

    7 days ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** **What is the opportunity?** The Manager, Valuations role is a control function to perform Independent Price Verification (IPV) and other Valuation Adjustments (VA) for RBC’s fair value inventory. This role will design and maintain a robust valuations environment to ensure fair value compliance; while ensuring fair value estimates are...

  • Valuation Manager

    22 hours ago

    Toronto, Ontario, Canada Royal Bank of Canada> Full time

    Job SummaryThe Valuation Manager role is a critical function within the Royal Bank of Canada, responsible for ensuring the accuracy and timeliness of fair value estimates for the bank's inventory. This position will design and maintain a robust valuations environment, leveraging expertise in financial markets and products to evaluate Independent Price...

  • Valuation Manager

    3 hours ago

    Toronto, Ontario, Canada Royal Bank of Canada> Full time

    Job SummaryThe Valuation Manager role is a critical function within the Royal Bank of Canada, responsible for ensuring the accuracy and timeliness of fair value estimates for the bank's inventory. This position will design and maintain a robust valuations environment, leveraging expertise in financial markets and products to evaluate Independent Price...

  • Manager, Valuations

    1 month ago

    Toronto, Canada MNP Full time

    Inspirational, innovative and entrepreneurial - this is how we describe our empowered teams. Combine your passion with purpose and join a culture that is thriving in the face of change.Make an impact with our Valuation team as a Manager. This diverse team of valuation professionals works with client