About the role

The Manager, Product Control is responsible for performing daily and monthly mark-to-market valuations, P&L reconciliations, and generating risk reports for the Treasury Services area. They act as the primary point of contact for Front Office queries and ensure accurate accounting entries and regulatory reporting.

What they look for

Product control P&L reconciliation Mark-to-market valuation Treasury services Capital markets Microsoft Excel VBA SQL Python Financial reporting Risk management Accounting entries General ledger Data analysis Problem-solving Communication

Requirements

Candidates must have at least 2 years of experience in a sophisticated Treasury or Capital Markets environment. Proficiency in Microsoft Excel with VBA, SQL, and Python is required, along with strong analytical and problem-solving skills.

Benefits

Bonuses Flexible benefits Competitive compensation Stock options Coaching and development opportunities

Full description

Job Description

What is the opportunity?

As a Manager Product Control, you will be responsible to provide quality analytical support to the Capital Markets’ Treasury Services Product Control area by performing daily and monthly mark-to-market valuation, P&L reconciliation and generating risk / position reports on an accurate and timely basis.

What you will do?

Daily P&L production, month-end reporting and reconciliation

Act as the primary point person for all Front Office queries and issues and effectively monitor, track, and complete tasks in a timely fashion

Perform daily valuation and analyze MTM movements by measuring the impact of new deals, amendments, cancellations as well as changes in yield curves, volatilities, convexity bias, rate reset and time decay where applicable

Pro-actively monitor all operational, valuation and risk management issues pertaining to the trading portfolios assigned

Communication of Daily, MTD and YTD results to the Desk Head, compare P&L Estimate vs. Actual results –explain variances and obtain sign-off

Prepare all monthly accounting entries to the G/L and conduct reconciliations to ensure figures are properly tied back to the systems of record

Provide support to Statutory and Regulatory Reporting and Head Office as it relates to the business – filling out relevant templates and providing adequate back up

Identify opportunities to improve PNL, valuation and risk reports and pro-actively streamline processes to improve productivity

Perform daily PNL and Balance Sheet reconciliations to ensure figures are properly tied back to the systems of records

What do you need to succeed?

Must Have:

2+ years of experience in a sophisticated Treasury or Capital Markets environment, supporting a trading desk

Excellent Microsoft Excel (with VBA), Database and SQL/Python Skills and have explored automating processes using AI

Strong analytical, problem-solving, interpersonal and communication skills

Able to work effectively and reliably under pressure

Advanced understanding of procedures and operational controls as they relate to trading systems and workflows

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.

Opportunities to do challenging work

Opportunities to take on progressively greater accountabilities

Ability to make a difference and last impact.

Job Skills

Accounting, Business Analytics, Financial Accounting Systems, General Ledger (GL), General Ledger Administration, Group Problem Solving, Microsoft Access, Microsoft Excel, Microsoft Excel Functions, Microsoft Excel Macros, Microsoft Excel VBA Programming, Pivot Tables

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTOCity:

TorontoCountry:

CanadaWork hours/week:

37.5Employment Type:

Full timePlatform:

OFFICE OF THE CFOJob Type:

RegularPay Type:

SalariedPosted Date:

2026-07-29Application Deadline:

2026-08-12Note: 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.