Hedge Accounting Analyst

What is the Opportunity

The Hedge Accounting Analyst will be responsible to 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 will you do?

• Manage end-to-end hedging workflows and system operations
• Prepare daily inception documentation through validating transaction details
• Perform designations, monitor effectiveness testing, and prepare reporting of the net investment hedge program
• Assist in preparing monthly, quarterly, and yearly external reporting including FS, note disclosures, regulatory reporting & management reporting
• Identify and assist in system and process enhancement initiatives
• Assist in the investigation of all financial and regulatory reporting matters.  Maintain technical knowledge and keep abreast of all new accounting developments including hedge accounting changes.
• Participate in ad-hoc projects as directed by reporting manager.

What do you need to succeed?

Must Have

• Knowledge of complex financial instruments and transactions, together with a willingness and interest in developing that knowledge.
• Highly developed communication, interpersonal and negotiation skills are considered necessary for the success of this role. Strong financial, analytical, judgmental and conceptual skills.
• Ability to manage operations workflows and process improvement experience
• Excellent presentation and report writing skills.
• Strong team skills and work ethic.
• Undergraduate degree in Accounting, Finance, Economics or another quantitative field
• Advanced Excel Skills

Nice to Have

• Strong knowledge of the RBC financial systems
• Hedge accounting knowledge is an asset
• Working towards a professional designation such as CFA or CPA

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

#LI-POST

Job Skills

Accounting, Controllership, Decision Making, Detail-Oriented, External Financial Reporting, External Reporting, Finance, Group Problem Solving, Oral Communications, Regulatory Reporting, Results-Oriented, Teamwork

Additional Job Details

ROYAL BANK PLAZA, 200 BAY ST:TORONTOTorontoCanada37.5Full timeOFFICE OF THE CFORegularSalaried2025-12-082026-01-23

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion 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.