Full-Time

On-Site

Product Control Central Funding Manager

RRoyal Bank of Canada 200 Bay Street, Toronto, Ontario0

Description

The Product Control Central Funding Manager at Royal Bank of Canada will be responsible for providing daily mark-to-market valuation, P&L reporting, and reconciliation for the Central Funding business. This role involves collaboration with various internal departments to support trading activities and P&L production. A key aspect of the role is covering the London Desk, which requires standard working hours to begin at 6:30 am, Monday to Friday.

What We're Looking For

Daily P&L production, month-end reporting and reconciliations,

Accountable for the P&L production and analysis across within a platform or multiple platforms across the bank,

Inform senior management of any irregularities that may present potential exposure to the firm,

Prepare all monthly accounting entries to the G/L and conduct reconciliations to ensure figures are properly tied back to the systems of record,

Work closely with all members of the Product Control team, providing guidance and cross training when required,

Identify opportunities to improve valuation 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,

Maintain a solid knowledge base of how various asset classes are handled by the Front Office systems,

Perform testing of new system update releases,

Provide information to satisfy audit requests from both internal and external auditors,

Develop an understanding of RBC operations and the functions of various business units across the firm,

Pro-actively monitor all operational issues pertaining to the trading portfolios assigned

Ideal Candidate

University degree,Canadian Securities Course (Nice to have),CFA Candidates or Charter holders (Nice to have)

Minimum Education

University degree

Hard Skills

Accounting

Business Analytics

Financial Accounting Systems

General Ledger Administration

P&L Reporting

Product Controlling

Excel Skills

Experience with Cash Funding products (Repos/RevRepos)

Product knowledge with various other assets classes (IRS's and bonds)

Understanding of Investment products

Advanced understanding of procedures and operational controls as they relate to trading systems and workflows

Soft Skills

Group Problem Solving

Problem-solving

Interpersonal skills

Communication skills

Ability to work effectively and reliably under pressure

Ability to work independently with minimal guidance

Work Hours

37.5 hours/week, starting at 6:30 am, Monday to Friday

Benefits

Comprehensive Total Rewards Program

Bonuses

Flexible benefits

Competitive compensation

Commissions (where applicable)

Stock (where applicable)

Leaders who support development through coaching and managing opportunities

Opportunities to do challenging work

Opportunities to take on progressively greater accountabilities

Ability to make a difference and last impact

Special Commitments

Involves covering the London Desk, requiring standard working hours to start at 6:30 am, Monday to Friday

About the Company

Royal Bank of Canada

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. As Canada's largest bank, it provides personal and commercial banking, wealth management, and capital markets services to over 17 million clients worldwide.

Purpose-driven

Inclusive

Innovative

Collaborative

Professional

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