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Associate Director, Product Control Flow Rates Europe

RBCx1 day ago
Toronto, Ontario, Canada
Senior Level
Full-Time

Top Benefits

Bonuses
Flexible Benefits
Competitive Compensation

About the role

Job Description What is the opportunity? Product Controllers are the front-line finance function for Capital Market businesses. We are offering an exciting opportunity to join our Product Control team, where you will manage and lead the team responsible for daily financial Profit and Loss (P&L) reporting, P&L decomposition, as well as accuracy of General Ledger for the Flow Rates Europe trading desk. If you have a passion for financial accuracy, product knowledge, team leadership, and cross-functional collaboration, this role is for you. ** Please note: while this role is based in Toronto, it involves covering a UK-based desk working with a 7am start time ** What you will do? Oversee daily team reporting and production of desk P&L explained by a risk-based decomposition including the provision of commentaries. Manage and mentor a team of co-op students, analysts, senior analysts and managers. To provide an effective link between Front Office (FO), & Financial Control, requiring detailed product knowledge, so that any disagreements in daily P+L are resolved on a timely basis & ultimate P+L agreement with FO is achieved, evidenced & logged. To ensure integrity of the bank’s books & records via reconciliation and attestation. To assist with higher level month end reporting tasks; to include creation and review of adjustments, ledger reconciliations and attestation and the production of adequate audit trail. To provide key leadership and input into designing, testing and delivering the major infrastructural changes for this business. Involvement in key change management projects to deliver improvements to our daily processes. Ensuring adequate documentation exists and is up-to-date to support existing processes, enabling effective X-training and cover. Reporting of consolidated results and escalation to senior stakeholders To assess areas of procedural and control weakness with a view to implement solutions through a combination of re-design, procedural improvement and technology advancements. Ensure adherence to and substantiation of Regulatory and Audit requirements within Capital Markets, while maintaining full compliance with Standing Orders Product Scope: Government and SSA Bonds Single & Cross Currency OTC Interest Rate Derivatives Inflation Linked Products ETD Futures FX Spot and Forwards Reverse Repos / Repos Must Have: 4+ relevant Product Control or finance experience gained within a banking/trading environment Degree in accounting, finance, business, or equivalent Strong leadership, analytical, problem solving, communication and people management skills Project Management experience and strong Change Management mindset Accounting knowledge for on and off-balance sheet products a must Proficient in Excel, Access and Word Ability to work in a demanding environment with tight deadlines Ability to solve and fix problems within a short period of time Advance understanding of procedures and operational controls as they relate to trading systems and workflows Nice-to-have: CPA, CFA, MBA or equivalent experience Familiarity with Trade booking systems such as Murex Interest Rate Derivatives and Securities product knowledge Strong knowledge of "Greeks" based decomposition Strategic thinker with excellent interpersonal skills to work across functions and businesses 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 Opportunities to do challenging work Job Skills Accounting, Business Analytics, Employee Success, Financial Accounting Systems, General Ledger Administration, Group Problem Solving, Team Management 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: 2026-07-03 Application Deadline: 2026-07-24 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

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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.

About RBCx

Financial Services

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