Job Description

What is the opportunity?

As a Manager, Product Control, you will be responsible to provide quality analytical support to the Capital Markets' Mortgage Investment Group and Corporate Treasury Product Control area by performing mark-to-market valuation, P&L reconciliation and reporting on an accurate and timely basis.

What will you do?

P&L production, accounting entries, month-end reporting and reconciliation Analyze and report the trading activity in the Mortgage Investment Group and Corporate Treasury Securitization banking books Ensure that all trading activity, as well as reconciliations and attestations, are accurate and complete and that P&L is signed off by Front Office. Act as the primary point person for all Front Office queries and issues and effectively monitor, track, and complete tasks in a timely fashion Perform valuation and analyze MTM movements of swaps, bonds and securitized products in the trading book by measuring the impact of new deals, amendments, cancellations as well as changes in yield curves, rate reset and time decay where applicable Submit all monthly accounting entries to the general ledger and conduct reconciliations to ensure figures are properly tied back to the systems of records. Ensure there are key controls in place to attest to the integrity of Corporate Treasury P&L. Pro-actively monitor all operational, valuation and risk management issues pertaining to the trading portfolios assigned Communication of daily P&L results to front office and monthly Securitization P&L results to the Desk Head, compare P&L Estimate vs. Actual results -explain variances and obtain sign-off Become SME for the Securitization business unit Provide support to Statutory and Regulatory Reporting and Head Office as it relates to the business - filling out relevant templates and providing adequate back up on a monthly basis. Perform daily PNL and Balance Sheet reconciliations to ensure figures are properly tied back to the systems of records Maintain a solid knowledge base of how various products are handled by various systems Address ongoing queries from Internal & External Audit Attend ongoing business working group meetings to stay abreast of ongoing initiatives

What do you need to succeed?

Must have

Minimum 2 years of experience in a sophisticated Capital Markets environment and/or supporting a trading desk Strong accounting knowledge Excellent MS Office skills, especially Excel Strong analytical, problem-solving, interpersonal and communication skills Able to work effectively and reliably under pressure Advanced understanding of procedures and operational controls as they relate to trading systems and workflows

Nice-to-have

Understanding of mortgage products, mortgage-backed securities and/or securitization Excel VBA/building macros Working knowledge of database design concepts Pursing accounting designation or CPA holder CFA Candidates or Charter holders Canadian Securities Course Derivative Fundamental Course

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 operate collaboratively in an office environment where we are onsite 4 days per week. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

Excellent exposure to communicate with various business partners and stakeholders Opportunity to obtain hands-on experience throughout your role Working with an exciting, close-knit, supportive & dynamic group Opportunity to collaborate with other business segments within RBC Access to top tier learning resources to help shape your professional career Excellent career development and progression opportunities A comprehensive Total Rewards Program including bonuses and flexible benefits Competitive compensation "Best in Class" Employee Recognition Program

Job Skills

Accounting, Business Analytics, Financial Accounting Systems, General Ledger Administration, Group Problem Solving

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:

2025-09-05

Application Deadline:

2025-09-29

Note

:

Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

I

nclusion

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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