Valuations Manager

Conduct daily, weekly, and monthly Independent Price Verification (IPV) and Valuation Adjustment (VA) calculations for various Equity related products, including derivatives (e.g., listed and OTC vanilla options, variance swaps, dividend swaps, exotic options, equity-linked notes).,Cover Canada, US, EMEA, and APAC markets across global Equity desks.,Leverage and develop knowledge of equity markets, products, and quantitative background to evaluate IPV results and support resolution of IPV differences.,Ensure IPV issues outside accepted tolerances are reported and dealt with promptly.,Explore market data sources for the best measure of fair value for financial instruments in scope.,Ensure existing VA/IPV processes align with growing Equities business, 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.,Proactively 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 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.

Appreciation of equity markets and an understanding of equity derivatives, their inputs and effects on valuation.,Relevant experience in a Product Control role focusing on Equities is an advantage.,Ability to independently problem solve, work under a high-pressure setting, and strong attention to detail.,Good written and verbal communication skills.,Knowledge of Bloomberg, Markit/Totem and other financial analytics platform is a plus.,Advanced user of Excel/VBA with an enthusiasm to adopt other technology to advance controls (e.g., Python, AI).,Knowledge of Python and database tools such as SQL (Nice-to-have).,Advanced degree in a quantitative area (Nice-to-have).