What is the opportunity?
An exciting opportunity to join the Wholesale (Commercial Banking) Finance team. The Manager, Wholesale Financial Control, will act as the subject matter expert and key point of contact for the Commercial Banking business in Canada within RBC Canadian Banking, with the objective of delivering timely, accurate and reliable financial information. The manager will support the internal and external reporting, disclosure requirements and control framework, as well as seek opportunities to streamline existing processes and participate in ad-hoc projects, while liaising and collaborating with various stakeholders across the Enterprise.
What you will do?
- Responsible for ensuring the accurate and complete Financial and Regulatory Reporting of Wholesale Finance results, specifically related to Commercial Banking.
- Oversee the monthly General Ledger (GL) data, financial results, and variances to ensure accuracy, including monitoring of allocations and other intergroup activities, general ledger reconciliations, and financial reporting templates.
- Provide meaningful analysis of financial results to ensure accurate external reporting, including MD&A, B/S, P&L, note disclosures, regulatory reporting & supplemental formats.
- Maintenance of the monthly review program to ensure financial controls are in place and the appropriate reconciliations are completed. Ensure that global policies and procedures are adhered to by all stakeholders, including Product Control, Operations, Front Office and Head Office Financial & Regulatory Reporting to ensure consistency and adequacy of reconciliations.
- Assist in the investigation of all financial and regulatory reporting matters related to the Commercial Banking business in Canada. Maintain technical knowledge and keep abreast of all new IFRS accounting developments.
- Assist in the coordination with Accounting Policy/Front Office for new transactions/entities/issuances/originations and support the operational execution and implementation of new accounting standards. Assess related financial reporting impact, coordinate, and execute implementation plan.
- Responsible to ensure new products and new transactions are appropriately captured in RBC Financial Reporting Systems, including the appropriate use of GLs and Financial Statement reporting lines.
- Ensure SOX and RBC EUC documentation compliance and completeness including new controls and processes.
- Participate in ad-hoc projects as directed by Associate Director, Wholesale Finance.
What do you need to succeed?
Must Have
- CPA designation. This mandate is highly dependent on using analytical and financial reporting skills commonly associated with accounting designations.
- Knowledge of complex financial instruments and transactions relating to loans, deposits, securities, and derivatives, together with a willingness and interest in developing that knowledge.
- Technical competence in relevant financial and statutory accounting standards, specifically in IFRS 9 and IFRS 15.
- Detail-oriented and ability to handle large data sets.
- Excellent presentation and report writing skills.
- Strong team building skills and work ethic.
Nice to Have
- Strong knowledge of RBC financial systems
- Experience in managing Commercial Banking Products
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 and competitive compensation.
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team.
- Opportunities to do challenging work.
Job Skills
Budget Management, Communication, Financial Planning and Analysis (FP&A), Process Management, Professional Presentation
Additional Job Details
ROYAL BANK PLAZA, 200 BAY ST:TORONTO
Toronto
Canada
37.5
Full time
OFFICE OF THE CFO
Regular
Salaried
2025-11-13
2025-11-29
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.
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