Associate Director, Commercial Banking Financial Control

What is the Opportunity?

An exciting opportunity to join Enterprise Controller (Wholesale Finance) team. The Associate Director, Commercial Banking Financial Control, will act as the subject matter expert and key point of contact for the Commercial Banking business in Canada, with the objective of delivering timely, accurate and reliable financial information. The people manager will support the internal and external reporting, disclosure requirements and control framework, as well as seek opportunities to streamline existing processes and lead ad-hoc projects, while liaising and collaborating with various stakeholders across the Enterprise.

What will you do?

• Ensure the accuracy and completeness of financial and regulatory reporting for supported business lines by reviewing monthly GL data, financial results and variances to ensure accuracy, including monitoring of allocations and other intergroup activities.

• Responsible to ensure new products and new transactions are appropriately captured in RBC financial reporting systems, and that appropriate accounting methodologies are applied. In particular, prepare analyses that take into account IFRS accounting implications and external and internal reporting requirements including MD&A, B/S, P&L, note disclosures & supplemental formats.

• Review the monthly Global Attestation review program to ensure proper financial controls supporting external financial results are in place. Ensure that global policies and procedures are adhered to by all stakeholders including monitoring of allocations and other intergroup activities.

• Subject matter expert for deposits and lending products accounting issues. Maintain technical knowledge and ensure Financial Control, Product Control, and Business teams are kept abreast of all new accounting developments.

• Contribute and represent Finance function on various IT system projects/initiatives.

• Ensure SOX and RBC EUDA documentation compliance and completeness including new controls/processes.

• Participate in ad-hoc projects as directed by Director, Commercial Banking Financial Control.

What do you need to succeed?

Must-have

• CPA designation or equivalent. This mandate is highly dependent on using analytical and financial reporting skills commonly associated with accounting designations.

• Knowledge of relevant financial and regulatory accounting standards, especially IFRS 9.

• Strong communication, interpersonal and collaboration skills are considered necessary for the success of this role.

• Acute attention to detail and excellent analytical thinking

• Strong leadership, people management, and team building skills.

• Strong interpersonal skills, due to frequent interaction with Front Office Senior Management, with the ability to explain complex accounting issues in a concise and meaningful manner.

Nice to Have

• Strong knowledge of RBC financial systems

Job Skills

Additional Job Details

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.