RBC

Associate Director, Product Control

TORONTO, Ontario, Canada Full time

Job Description

What is the opportunity?

The Associate Director, Product Control role involves managing and leading a team of analysts to ensure that daily financial reporting is accurate and signed-off by the Front Office.  The employee will act as the main liaison with Global Middle Office, Head Office Finance, Information Technology, Trading, Sales, Operations, Processing, Valuations and other operating units with issues related to the Derivatives group.  Th AD must ensure that all daily and monthly accounting and reconciliations and attestations are performed and are accurate and complete; and provide responses to requests from the Front Office, Risk, Valuations and Financial Control. The AD will also make assessments as to impact on existing processes and to streamline activities whenever possible; as well as actively participating and leading the team in taking on the broader initiatives sponsored by the bank.

What you will do?

  • Build and lead a high performing team in a demanding technical environment with significant operational risk of error due to the complexity of products
  • Manage and mentor a team of co-op students, analysts, senior analyst, and managers
  • Develop and encourage ongoing technical training within the team
  • Execute change management while leading employees through the process and keeping them focused on business priorities
  • Represent Product Control in meetings acting as business lead for specific projects relating to Front Office, IT, Finance initiatives
  • Develop and implement a strategic plan for consistent support across all business units through staff cross training
  • Ensure all reconciliations and attestation packages are complete in a timely fashion, with issues escalated/resolved effectively
  • Act as backup to the Director of Derivatives Product Control
  • Ensure that daily sign-off is obtained by the Front Office in a timely fashion
  • Manage a team of analysts who perform risk based decompositions to explain the P/L
  • Manage information flow of all trading activity in accordance with the standing order to ensure that business partners obtain relevant information
  • Attest to all monthly accounting entries to the G/L and conduct reconciliations to ensure figures are properly tied back to the systems of records
  • Review and sign off on daily and monthly procedure manuals and documentation is complete and up-to-date for the area
  • Maintain a solid knowledge base of how various products are handled by all source trading systems as well as the downstream dependent systems

What you need to succeed?

Must Have

  • 5+ years of Product Control experience in a derivatives environment
  • Strong leadership, analytical, problem solving, communication and people management skills
  • Project Management experience and strong Change Management mindset
  • University degree and CA/CMA/CGA/CPA/CFA (or equivalent experience)
  • Accounting knowledge for on and off-balance sheet products a must
  • Advance understanding of procedures and operational controls as they relate to trading systems and workflows
  • Proficient in Excel, Access and Word
  • Ability to work in a demanding environment with tight deadlines; effectively and reliably under  pressure
  • Ability to work independently with minimal guidance from director
  • Ability to make decisions and deal effectively with multiple stakeholders

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, 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:

2026-03-19

Application Deadline:

2026-04-23

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.

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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.