Senior Analyst Product Control at Royal Bank of Canada

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

19 Sep, 26

Salary

0.0

Posted On

21 Jun, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Product Control, P&L Analysis, Financial Accounting, Risk-based Decomposition, Reconciliation, Valuation Adjustments, Fixed Income Instruments, Credit Default Swaps, MS Excel, Problem Solving, Communication Skills, Accountancy

Industry

Financial Services

Description

Job Description What is the Opportunity? Product Control team member covering the business function for the Investment Grade Europe desk, within Global Spread Products. All responsibilities carried out in accordance with Code of Conduct, RBC Values and Guiding Principles ensuring adherence to Privacy principles. ** Please note: while this role is based in Toronto, it involves covering a UK-based desk, hence there would be a 6:30am start time ** What will you do? Provide an effective link between Front Office (FO), & Financial Control, bringing sound product knowledge into the arena, so that any disagreements in daily P+L are resolved on a timely basis & ultimate P+L agreement with FO is achieved, evidenced & logged. Production of daily desk P&L including commentaries Justification of P&L via daily risk-based decomposition, utilizing the Greeks and new trade analysis Reconciliation of P&L to traders estimates To ensure integrity of the banks books & records via reconciliation and attestation Sound understanding of product flows, trade bookings accounting treatments, providing support in detailed investigations on FOBO reconciliation activities Reporting of consolidated results to senior management including appropriate valuation adjustments Production of ad-hoc reporting and analysis required by Front Office and senior management including deep dive on P&L, Balance Sheet analysis, and other financial analysis To ensure the Product Control team and stakeholders are immediately aware of revaluation issues that may affect downstream activity. To ensure PC remains and is seen to be an independent control function. Facilitate adherence to and substantiation of the Regulatory and Audit requirements within Capital Markets To maximize the efficiency gains from technology and business process changes Product Scope The product scope includes but is not limited to: Fixed Income Instruments: Corporate and Government bonds Credit Default Swaps, Credit baskets CDX/Itraxx Credit Markets Origination and Revenue Allocation FX Spot, Forwards & Options Reverse Repos / Repos & Collateral Funding Interest Rate and FX-Linked Products What do you need to succeed? Must have 4 or more years experience in Product Control, Trading desk, Valuations, Pricing, or adjacent Undergraduate degree in a relevant field (Finance, Business Administration, Accounting, etc) Proactive and energetic individual capable of developing the business platform forward. Strong ability to convert theory into practice and thrive in a complex area. Competent accountancy skills; preferably part or fully qualified CPA Excellent numerical skills with the ability to problem solve in a logical manner. Excellent communication skills especially with Front Office members Capable of working within tight deadlines & under severe time pressure. Good knowledge of MS Excel. Nice-to-have Canadian Securities Course CFA Candidates or Charter holders Strong ability to work independently 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 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: 2026-06-19 Application Deadline: 2026-07-17 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 role involves managing daily P&L production, risk-based decomposition, and reconciliation for the Investment Grade Europe desk. It serves as a critical link between the Front Office and Financial Control to ensure the integrity of books and records.