Company

RBC Royal BankSee more

addressAddressToronto, ON
type Form of workFull time
CategoryAccounting

Job description

Job Summary

What is the opportunity?
As Analyst, Product Control you will support the database and all the source and output reports that drive the foundation of the daily P&L reporting process. The Analyst will also provide both tactical and strategic coding changes to support various End User Computing solutions. The Analyst will provide ad hoc support to the TS PC Managers in a variety of time-sensitive problem solving situations. There will also be exposure to the TS Trading Desk, the primary clients of TS PC.

Job Description

What will you do?

  • Run the Access database daily and troubleshoot breaks and errors in the context of daily deadlines

  • Provide coding solutions to time-sensitive daily roadblocks as well as strategic improvements to how critical files are coded and structured.

  • Assist in the reporting of Daily results as required.   Compare P&L Estimate vs. Actual results – investigate variances and escalate to Managers as required

  • Ensure that all daily PnL submitted by the Managers are signed-off daily by the Front Office in a timely fashion.  Escalate any issues to Managers and the Associate Director.

  • Assist in preparing reports to meet ad-hoc requests as necessary for business partners

  • Prepare and update all daily and monthly procedure manuals and documentation.  Obtain a sign-off upon review by the Manager.

  • Work closely with all members of the Product Finance team through cross-training. 

  • Understand and troubleshoot daily PNL and Balance Sheet reconciliations to ensure figures are properly tied back to the systems of records, for backup in the absence of Managers

  • Develop a solid knowledge base of how various derivative products are handled by various source systems

  • Assist Managers with audit requests from both internal and external auditors

  • Make an impact that goes beyond the current term of the position

  • Work in an agile, collaborative, progressive, and high-performing team

  • The opportunity to interface with senior level personnel from many different parts of Capital Markets

What do you need to succeed?
Must-have

  • Currently in a registered co-op program at a post-secondary institution

  • Computer Science & Finance combination courses

  • Excellent Excel Skills (macros is an asset)

  • Going into your 2nd, 3rd, or 4th work term

  • Accounting knowledge or experience


Nice-to-have

  • An understanding of derivatives products

  • Strong analytical and problem-solving skills

  • Able to work effectively and reliably under pressure


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.

Job Skills

Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Taking Initiative

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:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2023-12-15

Application Deadline:

2024-01-15

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
​​​​​​​
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Refer code: 1974695. RBC Royal Bank - The previous day - 2023-12-26 00:10

RBC Royal Bank

Toronto, ON
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