Royal Bank of Canada

Associate, Product Control

Royal Bank of Canada • $85K — $145K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in a Capital Markets environment, supporting a trading desk
  • Excellent MS Excel and SQL skills
  • Strong analytical and problem-solving abilities
  • Effective communication and interpersonal skills
  • Ability to work reliably under pressure
  • Advanced understanding of trading systems and operational controls

Responsibilities

  • Produce daily P&L reports and conduct month-end reconciliations
  • Serve as the primary contact for Front Office queries and issues
  • Analyze daily valuations and MTM movements
  • Monitor operational, valuation, and risk management issues
  • Communicate P&L results to the Desk Head and explain variances
  • Prepare monthly accounting entries and conduct reconciliations
  • Support statutory and regulatory reporting requirements
  • Identify and implement improvements in valuation and risk reporting processes

Benefits

  • Comprehensive Total Rewards Program including bonuses and flexible benefits
  • Supportive leadership for professional development
  • Opportunity to make a lasting impact
  • Dynamic and collaborative team environment
  • World-class training program in financial services
  • Flexible work/life balance options
  • Challenging work opportunities
Full Job Description
Job Description

What is the opportunity?

As a Manager Product Control, you will be responsible to provide quality support for Commodities trading desk, by performing daily mark-to-market valuation, Profit and Loss (P&L) reporting and reconciliation on an accurate and timely basis, liaise with other parts of Product Control, Front Office, Middle Office, Information Technology, Trade Processing, Financial Control and other operating units to facilitate trading activities and daily P&L production.

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 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
  • 5+ years of experience in a Capital Markets environment, supporting a trading desk
  • Excellent MS Excel, SQL Skills
  • 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


Nice-to-have
  • Canadian Securities Course
  • Derivative Fundamental Course
  • CFA Candidates or Charter holders
  • 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


The good-faith expected salary range for the above position is $85,000-$145,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

#LI-POST

Job Skills
Accounting, Business Analytics, Financial Accounting Systems, General Ledger Administration, Group Problem Solving

Additional Job Details

Address:

GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY

City:

Jersey City

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-10-05

Application Deadline:

2026-11-30
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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.

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

Stay Connected

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Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities awaiting you at RBC. Explore the possibilities with Royal Bank of Canada, where your future is filled with potential and the path to success is paved with countless opportunities for professional and personal growth. Join us and shape not just your career but the future of the financial industry.
Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

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