What is the Opportunity?
Product Control team member covering the business function for the Investment Grade Europe desk, within Global Spread Products.
All responsibilities carried out in accordance with Code of Conduct, RBC Values and Guiding Principles ensuring adherence to Privacy principles.
** Please note: while this role is based in Toronto, it involves covering a UK-based desk, hence there would be a 6:30am start time **
What will you do?
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Provide an effective link between Front Office (FO), & Financial Control, bringing sound product knowledge into the arena, so that any disagreements in daily P+L are resolved on a timely basis & ultimate P+L agreement with FO is achieved, evidenced & logged.
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Production of daily desk P&L including commentaries
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Justification of P&L via daily risk-based decomposition, utilizing the Greeks and new trade analysis
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Reconciliation of P&L to traders estimates
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To ensure integrity of the banks books & records via reconciliation and attestation
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Sound understanding of product flows, trade bookings accounting treatments, providing support in detailed investigations on FOBO reconciliation activities
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Reporting of consolidated results to senior management including appropriate valuation adjustments
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Production of ad-hoc reporting and analysis required by Front Office and senior management including deep dive on P&L, Balance Sheet analysis, and other financial analysis
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To ensure the Product Control team and stakeholders are immediately aware of revaluation issues that may affect downstream activity.
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To ensure PC remains and is seen to be an independent control function.
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Facilitate adherence to and substantiation of the Regulatory and Audit requirements within Capital Markets
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To maximize the efficiency gains from technology and business process changes
Product Scope
The product scope includes but is not limited to:
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Fixed Income Instruments: Corporate and Government bonds
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Credit Default Swaps, Credit baskets CDX/Itraxx
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Credit Markets Origination and Revenue Allocation
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FX Spot, Forwards & Options
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Reverse Repos / Repos & Collateral Funding
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Interest Rate and FX-Linked Products
What do you need to succeed?
Must have
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4 or more years experience in Product Control, Trading desk, Valuations, Pricing, or adjacent
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Undergraduate degree in a relevant field (Finance, Business Administration, Accounting, etc)
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Proactive and energetic individual capable of developing the business platform forward.
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Strong ability to convert theory into practice and thrive in a complex area.
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Competent accountancy skills; preferably part or fully qualified CPA
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Excellent numerical skills with the ability to problem solve in a logical manner.
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Excellent communication skills especially with Front Office members
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Capable of working within tight deadlines & under severe time pressure.
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Good knowledge of MS Excel.
Nice-to-have
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Canadian Securities Course
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CFA Candidates or Charter holders
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Strong ability to work independently
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.
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A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
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Leaders who support your development through coaching and managing opportunities
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Ability to make a difference and lasting impact
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Work in a dynamic, collaborative, progressive, and high-performing team
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A world-class training program in financial services
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Flexible work/life balance options
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Opportunities to do challenging work
Job Skills
Accounting, Business Analytics, Financial Accounting Systems, General Ledger Administration, Group Problem Solving
Additional Job Details
ROYAL BANK PLAZA, 200 BAY ST:TORONTO
Toronto
Canada
37.5
Full time
OFFICE OF THE CFO
Regular
Salaried
2026-06-19
2026-07-17
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.
