Associate Director, Product Control

What is the opportunity?

This role leads the Canadian Banking Product Control team within the P&CB Finance, specifically covering Business Financial Services and Personal Financing Products.

This role is primarily accountable for effectively managing the weekly and monthly Profit and Loss reporting for the Canadian Banking platform. This involves managing a team of product controllers to ensure reporting is accurate and supported for the associated P&L and balance sheet. The Associate Director will also ensure that all daily and monthly accounting, reconciliations and attestations are performed regularly and are accurate and complete; as well as ensuring that all disclosures and regulatory reporting are performed monthly, quarterly or annually as required and are accurate and complete.

What will you do?

• Manage a team of four that produce P&L and decomposition thereof
• Communication of monthly estimate and actual results to Finance stakeholders and senior management
• Review and approve all monthly accounting entries to the G/L and review reconciliations to ensure figures are properly tied back to the systems of records
• Review and approve all monthly, quarterly and annual disclosures and regulatory reporting to ensure results are accurate and appropriate
• Ensure that all daily and monthly procedure manuals and documentation is complete and up-to-date for the area
• Assist managers in the investigation and resolution of P/L discrepancies arising from incorrect booking of trades, missing deals, system errors, valuation methodologies, etc. by liaising with various functional teams
• Maintain all relevant SOX/End User Computing (EUC) controls
• Design, deliver, and implement analytic development projects, with the use of RBC's analytics tools
• Ensure that project activities are accomplished within approved time frames, scope, and budgets
• Confirm that projects adhere to development standards and guidelines
• Work with data warehouses on various projects
• Monitor and liaise with IT and systems groups with regards to data and sources
• Prepare analysis / reports to meet ad-hoc requests as necessary
• Work in a dynamic, collaborative, progressive and highly performing team
• Ability to make a real impact to the bank and have decisions that will change how we do business

What do you need to succeed?

Must-have

• 3+ years' of experience in Product Control or a closely related role
• Proven experience and strong overall understanding of Product Control activities, operations and linkages with other teams
• Strong leadership, analytical, communication and people management skills
• Ability to make decisions and collaborate effectively with people
• Ability to deal with problems that are not well defined and create clear and concise solutions with feedback from many users
• Experienced in project management and change management

Nice-to-have

• CA/CGA/CMA/CPA/CFA/MBA (Finance) or other accounting designation
• Experience working with Big Data to drive Business Driver insights and analytics
• Strong understanding of P&CB loans and deposits systems, as well as downstream Finance systems such as OLMS, OLBB, DDA, BVI, CGID, and ALRETS

Job Skills

Additional Job Details

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