Manager, Regulatory Reporting

What is the opportunity?

The Manager, Regulatory Reporting will support the Regulatory Reporting Management team in providing accurate and timely financial information to the regulators, implementing process changes to drive efficiency or meet changing external regulatory requirement, and maintaining an exceptional control environment.

What you will do?

• Coordinate, prepare, and reconcile the regulatory returns at the RBC Consolidated or legal entity level in accordance with timelines for monthly, quarterly and year end deliverables.
• Prepare and maintain process documentation, regulatory guidance, and operational guidance for assigned regulatory returns.
• Gather and consolidate financial information and conduct complex data analysis with large datasets working to identify patterns, trends or insights.
• Analyze reports and related data for completeness, accuracy, consistency with other reported financial information, and data quality issues.
• Prepare and maintain process documentation, accounting guidance, and operational guidance for assigned financial disclosures and regulatory returns.
• Investigate queries and resolve issues on behalf of internal and external stakeholders with respect to regulatory returns
• Active participant in cross-training with other team-members to ensure team resilience and business continuity planning.
• Strong ability to scrutinize the process, and look for optimizations, to identify, propose, coordinate, implement, and test reporting solutions for new regulatory reporting initiatives/projects through interpreting requirements, and working with both audit and subject matter experts such as Accounting Policy Group, Platform Financial Controllers, Product Controllers, and Finance IT.
• Build automation and see them through the cycles of UAT and implementation in production,
• Assist on various medium/ large scale technology projects within the group and as a subject matter expert
• Manage or coordinate Regulatory, internal or external audits.

What you need to succeed?

Must Have

• 2 + years' of experience in regulatory or financial reporting role, preferably in the financial services or professional accounting services industries.
• Accounting/Finance Designation with IT qualifications
• Ability to critically think and challenge financial data when inconsistent or illogical through data analysis
• Ability to independently propose solutions to problems and, leveraging business and strategic insights, recommend a course of action, despite incomplete information and complexity
• Ability to manage timelines and project progress through both personal accountability and through coordinating and negotiating with stakeholders
• Desire to challenge the status quo and make bold changes particularly with respect to streamline processes, increasing efficiency and furthering execution excellence.
• Ability to make complex subject matter easy-to-follow though strong written and oral-communication skills
• Ability to manage and analyze large data sets using advanced Excel functions and through other advanced tools and technology

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.