What is the OpportunityThe Associate Director, Commodities, Product Control role involves managing and leading a team of analysts responsible for daily financial Profit and Loss (P&L) reporting, P&L decomposition, and ensuring the accuracy of the General Ledger for the Commodities trading desk. The product scope includes derivatives and bespoke products related to energy, environmental, precious metals, base metals, cross-asset, and agricultural products. The Associate Director acts as the main liaison with Front Office, Middle Office, Information Technology, Sales, Operations, Valuations and other operating units on projects and issues related to Commodities trading activity. They must ensure all daily and monthly accounting, reconciliations, and attestations are performed accurately and completely by the team, assess impacts on existing processes, streamline activities when possible, and lead the team on broader initiatives sponsored by the bank.What will you do?Build and lead a high‐performing team in a demanding technical environment related to complex derivative productsManage and mentor a team of co‐op students, analysts, senior analysts, and managersExecute change management, guiding employees through the process and keeping them focused on business prioritiesRepresent Product Control in meetings, acting as business lead for specific projects related to Front Office, IT, and Finance initiativesDevelop and implement a strategic plan for consistent support across all business units through staff cross‐trainingEnsure all reconciliations and attestation packages are completed in a timely fashion,



with issues escalated and resolved effectivelyAct as backup to the Director of Commodities Product ControlManage information flow of all trading activity in accordance with the standing order to provide relevant information to business partnersAttest to all monthly accounting entries to the G/L and conduct reconciliations to ensure figures are properly tied back to the systems of recordReview and sign off on daily and monthly procedure manuals and documentation, ensuring it is complete and up-to-date for the areaMaintain a solid knowledge base of how various products are handled by all source trading systems and the downstream dependent systemsWhat do you need to succeed?Must have5+ years of Product Control experience in a derivatives environmentStrong leadership, analytical, problem‐solving, communication and people‐management skillsProject Management experience and a strong Change Management mindsetUniversity degree and CA/CMA/CGA/CPA/CFA (or equivalent experience)Accounting knowledge for on‐ and off‐balance‐sheet products (must)Advanced understanding of procedures and operational controls as they relate to trading systems and workflowsProficiency in Excel, Access and WordAbility to work in a demanding setting with tight deadlines, reliably under pressureAbility to work independently with minimal guidance from the directorAbility to make decisions and deal effectively with multiple stakeholdersNice-to-haveExperience in a matrix environment, such as a large, publicly‐traded corporationAbility to facilitate between and influence key decision makersStrategic thinker with excellent interpersonal skills to work across functions and businessesWhat's in it for you?A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicableLeaders who support your development through coaching and managing opportunitiesOpportunity to make a lasting impactWork in a dynamic, collaborative, progressive, and high‐performing teamA world‐class training program in financial servicesFlexible work/life balance optionsOpportunities to tackle challenging workLocationRoyal Bank Plaza, 200 Bay St, Toronto, Canada #J-18808-Ljbffr

📌 Associate Director, Commodities, Product Control (Toronto)
🏢 RBC
📍 Toronto