About the role
Job Description
What is the opportunity?
The Manager, Enterprise Hedge Accounting will manage the financial control responsibilities in the Enterprise Controllership Group with the objective of delivering timely, accurate and reliable financial information. In this capacity, you will be working on the reporting and production aspects of RBC’s Net Investment Hedge thereby helping the bank mitigate its FX risk.
What you will do?
- Prepare daily inception documentation through validating transaction details;
- Perform designations, monitor effectiveness testing, and prepare reporting of the net investment hedge program.
- Manage end-to-end hedging workflows and system operations.
- Deliver monthly financial results to Corporate Treasury and key stakeholders, ensuring clarity and accuracy.
- Responsible to ensure new hedges, products and transactions are appropriately captured in RBC Financial Reporting Systems, including the appropriate use of GLs and Financial Statement reporting lines.
- Ensure accurate external reporting, including FS, note disclosures, regulatory reporting & management reporting.
- Maintenance of the monthly review program to ensure financial controls are in place and the appropriate reconciliations are completed.
- Assist in the investigation of all financial and regulatory reporting matters when needed.
- Identify and assist in system and process enhancement initiatives.
- Participate in ad-hoc projects as directed by reporting manager.
What you need to succeed?
Must Have
- Solid knowledge of complex financial instruments and transactions, together with a willingness and interest in developing that knowledge
- Technical competence in relevant financial and statutory accounting standards
- Ability to analyze complex subject matter and propose solutions
- Ability to manage operations workflows and process improvement experience
- Excellent communication skills with ability to explain complex financial information in a clear and concise manner
- Strong team skills and work ethic
- Ability to deliver and manage tight deadlines
- Hedge accounting knowledge is an asset
Nice to Have
- Strong knowledge of the RBC financial systems
- Accounting designation or CFA
- 3+ years of experience in capital markets/finance related area
Job Skills
Accounting, Accounting Finance, Communication, Corporate Treasury, Financial Analysis, Hedge Accounting, Long Term Planning, Problem Solving, Strategic Thinking, Teamwork, Time 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:
2025-10-03
Application Deadline:
2025-10-18
Note**:** Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
I****nclusion and Equal Opportunity Employment
At 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.
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.
About the role
Job Description
What is the opportunity?
The Manager, Enterprise Hedge Accounting will manage the financial control responsibilities in the Enterprise Controllership Group with the objective of delivering timely, accurate and reliable financial information. In this capacity, you will be working on the reporting and production aspects of RBC’s Net Investment Hedge thereby helping the bank mitigate its FX risk.
What you will do?
- Prepare daily inception documentation through validating transaction details;
- Perform designations, monitor effectiveness testing, and prepare reporting of the net investment hedge program.
- Manage end-to-end hedging workflows and system operations.
- Deliver monthly financial results to Corporate Treasury and key stakeholders, ensuring clarity and accuracy.
- Responsible to ensure new hedges, products and transactions are appropriately captured in RBC Financial Reporting Systems, including the appropriate use of GLs and Financial Statement reporting lines.
- Ensure accurate external reporting, including FS, note disclosures, regulatory reporting & management reporting.
- Maintenance of the monthly review program to ensure financial controls are in place and the appropriate reconciliations are completed.
- Assist in the investigation of all financial and regulatory reporting matters when needed.
- Identify and assist in system and process enhancement initiatives.
- Participate in ad-hoc projects as directed by reporting manager.
What you need to succeed?
Must Have
- Solid knowledge of complex financial instruments and transactions, together with a willingness and interest in developing that knowledge
- Technical competence in relevant financial and statutory accounting standards
- Ability to analyze complex subject matter and propose solutions
- Ability to manage operations workflows and process improvement experience
- Excellent communication skills with ability to explain complex financial information in a clear and concise manner
- Strong team skills and work ethic
- Ability to deliver and manage tight deadlines
- Hedge accounting knowledge is an asset
Nice to Have
- Strong knowledge of the RBC financial systems
- Accounting designation or CFA
- 3+ years of experience in capital markets/finance related area
Job Skills
Accounting, Accounting Finance, Communication, Corporate Treasury, Financial Analysis, Hedge Accounting, Long Term Planning, Problem Solving, Strategic Thinking, Teamwork, Time 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:
2025-10-03
Application Deadline:
2025-10-18
Note**:** Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
I****nclusion and Equal Opportunity Employment
At 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.
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.