Manager, Product Control at Royal Bank of Canada

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

05 Jun, 26

Salary

0.0

Posted On

07 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Product Control, Valuation, P&L Reporting, Reconciliation, Front Office Liaison, Risk Management, Accounting Entries, G/L Reconciliation, MS Excel, SQL, Analytical Skills, Problem-Solving, Communication Skills, Operational Controls, Trading Systems

Industry

Financial Services

Description

Job Description What is the opportunity? As a Manager Product Control, you will responsible to provide quality support for Commodities trading desk, by performing daily mark-to-market valuation, Profit and Loss (P&L) reporting and reconciliation on an accurate and timely basis, liaise with other parts of Product Control, Front Office, Middle Office, Information Technology, Trade Processing, Financial Control and other operating units to facilitate trading activities and daily P&L production. What you will do? Daily P&L production, month-end reporting and reconciliation 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 daily valuation and analyze MTM movements by measuring the impact of new deals, amendments, cancellations as well as changes in yield curves, volatilities, convexity bias, rate reset and time decay where applicable Pro-actively monitor all operational, valuation and risk management issues pertaining to the trading portfolios assigned Communication of Daily, MTD and YTD results to the Desk Head, compare P&L Estimate vs. Actual results –explain variances and obtain sign-off Prepare all monthly accounting entries to the G/L and conduct reconciliations to ensure figures are properly tied back to the systems of record 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 Identify opportunities to improve valuation and risk reports and pro-actively streamline processes to improve productivity Perform daily PNL and Balance Sheet reconciliations to ensure figures are properly tied back to the systems of records What do you need to succeed? Must Have 2+ years of experience in a Capital Markets environment, supporting a trading desk Excellent MS Excel, SQL Skills 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 Canadian Securities Course Derivative Fundamental Course CFA Candidates or Charter holders CPA 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, competitive compensation, commissions, and stock where applicable Leaders who support your development through coaching and managing opportunities Ability to make a difference and lasting impact Work in a dynamic, collaborative, progressive, and high-performing team A world-class training program in financial services Flexible work/life balance options Opportunities to do challenging work #LI-POST Job Skills Accounting, Business Analytics, Capital Markets, Finance Tools, Financial Accounting Systems, Financial Analysis, Financial Instruments, Financial Instrument Valuation, Group Problem Solving, Microsoft Access, Microsoft Excel VBA Programming, Product Controlling, Reconciliations (Inactive), Risk Management, Structured Query Language (SQL), Trading Desks 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: 2026-01-06 Application Deadline: 2026-03-13 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Our Employment Opportunities At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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. 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. 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.

Responsibilities

The Manager, Product Control will be responsible for providing quality support to the Commodities trading desk by performing daily mark-to-market valuation, Profit and Loss (P&L) reporting, and timely reconciliation. This role involves acting as the primary contact for Front Office queries and proactively monitoring operational and valuation issues related to assigned trading portfolios.