Job Description
Job details
Job type
Full-time
Location
Toronto, ON M+W 0A4
Full job description
Job Summary
Job Description
What is the opportunity?
A new and exciting opportunity has arisen at RBC to join the RBC Canadian Banking – Product Control Team as Manager Product Control. You will provide analytical support to the Canadian Banking Product Control area through the production of Profit and Loss (P&L) and the monthly reporting of associated products.
You will ensure that the P&L reconciliation of source data is performed for all accounts under Product Control responsibility and is accurate and complete as well as production of P&L decompositions and estimates from source systems on a weekly basis.
What you will do?
Perform monthly P&L posting and accounting entries to the G/L and conduct regular reconciliations to ensure figures are properly tied back to the systems of records
Perform P&L decomposition by using source system data and produce comparisons to reported P&L by measuring the impact of new deals, amendments, cancellations as well as changes in curves, rates, prices where applicable
Provide P&L Analysis – commentary and breakdown for large movements in P&L
Communication of Weekly, MTD and YTD results, compare P&L Estimate vs. Actual results –explain and log variances
Ensure that the valuation of products is accurate, the methodology documented, and the booking thereof is correct in the general ledger
Prepare Month-end Electronic Standard of Documentation as per policy
Apply advanced quantitative, spreadsheet modelling and database management skills (Excel, Access, Datameer) to develop an enhanced process for P&L estimation and decomposition using data from source system
Work closely with all members of the Product Control team, providing guidance and cross training
Provide assistance to other reporting groups in fulfilling their reporting, disclosure and filing requirements, by filling out relevant templates and providing adequate back up
Identify opportunities to improve and pro-actively streamline processes to improve productivity
Maintain a solid knowledge base of how various products are handled by the source systems
Provide information to satisfy audit requests from both internal and external auditors
Develop an understanding of, and a solid relationship with RBC Canadian Banking operations and the functions of various business units across the firm
What do you need to succeed?
Must Have
BA / BS or equivalent with emphasis in finance, economics or other quantitative discipline
3+ years of experience in a sophisticated Finance environment with an understanding of retail banking products
Strong analytical, problem solving, interpersonal and communication skills.
Above average quantitative and PC skills an asset; Database, programming skills a plus
Ability to work effectively and reliably under pressure
Nice to Have
Working knowledge of database design concepts
Experience relating to data analytics and visualization
Continuous improvement and innovation mindset
Ability to work independently with minimal guidance from manager
Solid understanding of procedures and operational controls as they relate to Canadian Banking
Job Skills
Accounting, Business Analytics, Financial Accounting Systems, General Ledger Administration, Group Problem Solving
Additional Job Details
Address:
ROYAL BANK PLAZA, 200 BAY ST:TORONTO
City:
TORONTO
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
OFFICE OF THE CFO
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2026-06-27
Application Deadline:
2026-07-13
Note: Applications will be accepted until 11:5+ 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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
You must create an Indeed account before continuing to the company website to apply
Job type
Full-time
Location
Toronto, ON M+W 0A4
Full job description
Job Summary
Job Description
What is the opportunity?
A new and exciting opportunity has arisen at RBC to join the RBC Canadian Banking – Product Control Team as Manager Product Control. You will provide analytical support to the Canadian Banking Product Control area through the production of Profit and Loss (P&L) and the monthly reporting of associated products.
You will ensure that the P&L reconciliation of source data is performed for all accounts under Product Control responsibility and is accurate and complete as well as production of P&L decompositions and estimates from source systems on a weekly basis.
What you will do?
Perform monthly P&L posting and accounting entries to the G/L and conduct regular reconciliations to ensure figures are properly tied back to the systems of records
Perform P&L decomposition by using source system data and produce comparisons to reported P&L by measuring the impact of new deals, amendments, cancellations as well as changes in curves, rates, prices where applicable
Provide P&L Analysis – commentary and breakdown for large movements in P&L
Communication of Weekly, MTD and YTD results, compare P&L Estimate vs. Actual results –explain and log variances
Ensure that the valuation of products is accurate, the methodology documented, and the booking thereof is correct in the general ledger
Prepare Month-end Electronic Standard of Documentation as per policy
Apply advanced quantitative, spreadsheet modelling and database management skills (Excel, Access, Datameer) to develop an enhanced process for P&L estimation and decomposition using data from source system
Work closely with all members of the Product Control team, providing guidance and cross training
Provide assistance to other reporting groups in fulfilling their reporting, disclosure and filing requirements, by filling out relevant templates and providing adequate back up
Identify opportunities to improve and pro-actively streamline processes to improve productivity
Maintain a solid knowledge base of how various products are handled by the source systems
Provide information to satisfy audit requests from both internal and external auditors
Develop an understanding of, and a solid relationship with RBC Canadian Banking operations and the functions of various business units across the firm
What do you need to succeed?
Must Have
BA / BS or equivalent with emphasis in finance, economics or other quantitative discipline
3+ years of experience in a sophisticated Finance environment with an understanding of retail banking products
Strong analytical, problem solving, interpersonal and communication skills.
Above average quantitative and PC skills an asset; Database, programming skills a plus
Ability to work effectively and reliably under pressure
Nice to Have
Working knowledge of database design concepts
Experience relating to data analytics and visualization
Continuous improvement and innovation mindset
Ability to work independently with minimal guidance from manager
Solid understanding of procedures and operational controls as they relate to Canadian Banking
Job Skills
Accounting, Business Analytics, Financial Accounting Systems, General Ledger Administration, Group Problem Solving
Additional Job Details
Address:
ROYAL BANK PLAZA, 200 BAY ST:TORONTO
City:
TORONTO
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
OFFICE OF THE CFO
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2026-06-27
Application Deadline:
2026-07-13
Note: Applications will be accepted until 11:5+ 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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
You must create an Indeed account before continuing to the company website to apply
💡 Quick Summary
Seeking a career-building opportunity? The Manager, Canadian Banking Product Control position is now open for candidates interested in the Bank Jobs sector. This role in Toronto offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
