Job Description
Location
Toronto, ON M9W 0A4
Full job description
Job Summary
Job Description
What is the opportunity?
The Manager, Valuation will:
Control function to perform Independent Price Verification (IPV) and other Valuation Adjustments (VA) for RBC’s fair value inventory.
Design and maintain a robust valuations environment to ensure fair value compliance.
Ensure fair value estimates are accurate, timely and representative of traded markets.
What will you do?
Conducting daily, weekly and monthly IPV and VA calculation relating to various FX related products, including derivatives.
Leverage and develop knowledge of financial markets, products and quantitative background to evaluate IPV results and support resolution of IPV difference. Ensure IPV issues outside accepted tolerances are reported and dealt with promptly.
Explore market data sources for the best measure of fair value on the financial instruments.
Ensure that existing VA/IPV processes continue to be aligned and keep pace with the business, and Regulator and Accounting Best Practice.
Provide detailed reports and analysis to RBC regional valuations committees, business heads, senior managers and heads of Valuations, Market Risk and Finance on VA/IPV results.
Communicate with Front Office and/or related counterparties to explain IPV/VA results and/or month over month movement. Lead the coordination of solutions in partnership with product controllers, front office, market risk and other internal groups.
Develop new and enhance existing Valuation policies, including methodology and procedure documentation and sources of external market data, ensure that all VA/IPV processes are complete and follow RBC’s risk policies and procedures.
Challenge existing IPV methodologies, working practices and improve data quality and process efficiencies.
What do you need to succeed?
Must-have
2+ years expertise in any financial products across asset classes, including derivatives (fixed income, equity, FX, repo, etc.)
Undergraduate degree within accounting, finance, business administration or any other relevant discipline
Advanced knowledge of excel
Strong understanding of valuation process and impact
Attention to detail
Excellent multi-tasking skills
Good written and verbal communication skills
Nice to have
Knowledge of VBA, Python and database tool such as SQL is a plus
Knowledge of Bloomberg, Markit/Totem, Reuters and other financial analytics software is a plus.
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 operate collaboratively in an office environment where we are onsite 4 days per week. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
Excellent exposure to communicate with various business partners and stakeholders
Opportunity to obtain hands-on experience throughout your role
Working with an exciting, close-knit, supportive & dynamic group
Opportunity to collaborate with other business segments within RBC
Access to top tier learning resources to help shape your professional career
Excellent career development and progression opportunities
A comprehensive Total Rewards Program including bonuses and flexible benefits
Competitive compensation
“Best in Class” Employee Recognition Program
RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
Drives RBC’s high-performance culture
Enables collective achievement of our strategic goals
Generates sustainable shareholder returns and above market shareholder value
#LI-POST
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:
2026-07-29
Application Deadline:
2026-08-25
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.
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.
Toronto, ON M9W 0A4
Full job description
Job Summary
Job Description
What is the opportunity?
The Manager, Valuation will:
Control function to perform Independent Price Verification (IPV) and other Valuation Adjustments (VA) for RBC’s fair value inventory.
Design and maintain a robust valuations environment to ensure fair value compliance.
Ensure fair value estimates are accurate, timely and representative of traded markets.
What will you do?
Conducting daily, weekly and monthly IPV and VA calculation relating to various FX related products, including derivatives.
Leverage and develop knowledge of financial markets, products and quantitative background to evaluate IPV results and support resolution of IPV difference. Ensure IPV issues outside accepted tolerances are reported and dealt with promptly.
Explore market data sources for the best measure of fair value on the financial instruments.
Ensure that existing VA/IPV processes continue to be aligned and keep pace with the business, and Regulator and Accounting Best Practice.
Provide detailed reports and analysis to RBC regional valuations committees, business heads, senior managers and heads of Valuations, Market Risk and Finance on VA/IPV results.
Communicate with Front Office and/or related counterparties to explain IPV/VA results and/or month over month movement. Lead the coordination of solutions in partnership with product controllers, front office, market risk and other internal groups.
Develop new and enhance existing Valuation policies, including methodology and procedure documentation and sources of external market data, ensure that all VA/IPV processes are complete and follow RBC’s risk policies and procedures.
Challenge existing IPV methodologies, working practices and improve data quality and process efficiencies.
What do you need to succeed?
Must-have
2+ years expertise in any financial products across asset classes, including derivatives (fixed income, equity, FX, repo, etc.)
Undergraduate degree within accounting, finance, business administration or any other relevant discipline
Advanced knowledge of excel
Strong understanding of valuation process and impact
Attention to detail
Excellent multi-tasking skills
Good written and verbal communication skills
Nice to have
Knowledge of VBA, Python and database tool such as SQL is a plus
Knowledge of Bloomberg, Markit/Totem, Reuters and other financial analytics software is a plus.
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 operate collaboratively in an office environment where we are onsite 4 days per week. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
Excellent exposure to communicate with various business partners and stakeholders
Opportunity to obtain hands-on experience throughout your role
Working with an exciting, close-knit, supportive & dynamic group
Opportunity to collaborate with other business segments within RBC
Access to top tier learning resources to help shape your professional career
Excellent career development and progression opportunities
A comprehensive Total Rewards Program including bonuses and flexible benefits
Competitive compensation
“Best in Class” Employee Recognition Program
RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
Drives RBC’s high-performance culture
Enables collective achievement of our strategic goals
Generates sustainable shareholder returns and above market shareholder value
#LI-POST
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:
2026-07-29
Application Deadline:
2026-08-25
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.
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.
💡 Quick Summary
Seeking a career-building opportunity? The Manager, Valuations 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.
