What is the prospect?

As part of a high performing team, you will drive operational excellence within the RBC GAM Fund & Portfolio Operations team. This role combines technical expertise in fund accounting, investment and portfolio operations with strong leadership capabilities to deliver ongoing improvements and oversight of major controls. You will lead a team responsible for accurate and timely valuation of RBC GAM mutual funds, overseeing daily Net Asset Value (NAV) production and ensuring valuations and reporting to all systems and stakeholders within fixed deadlines.

Job Description

What will you do?

NAV & Valuation Operations Oversight

- Oversee daily NAV production and valuations across all RBC mutual funds
- Ensure accurate accounting for portfolio transactions, income accruals, corporate actions, expenses, cash management and unitholder transactions
- Ensure reconciliation of portfolio holdings, cash, units and general ledger balances
- Oversee security lifecycle from trade capture through settlement and reconciliation
- Review valuation exceptions and pricing discrepancies, including security valuations (fixed income, equities, derivatives, privates)
- Maintain internal controls over valuation processes and act as the escalation point, providing guidance on valuation issues, accounting treatments and ongoing accuracy of Accounting Book of Record (ABOR)
- Ensure compliance with fund prospectuses, valuation policies, accounting standards and regulatory guidance
- Support internal and external audits by providing technical expertise and documentation
- Support improvement of EAGLE Accounting, Gresham Reconciliation and other platforms; system implementations and technology initiatives

Leadership & Team Management

- Lead, coach, and develop fund and portfolio operations team
- Drive operational improvements, process automation, operating procedures and documentation
- Establish relationships with operations leads, technology, custodians, transfer agents, pricing vendors, auditors, portfolio managers and compliance
- Ability to communicate complex accounting matters to technical and non-technical audiences





What do you need to succeed?

Must Have

- Post-secondary education in Finance, Accounting, or related field
- 5+ years in mutual fund accounting operations and NAV calculations; with people leadership and management experience
- Knowledge of corporate actions, cash management, security lifecycle, derivatives and reconciliation experience
- Strong problem-solving skills, high attention to detail and effective communicator
- Advanced Microsoft Excel (PivotTables, Macros, advanced formulas, VBA preferred)

Nice to Have

- CFA, CIM, CPA equivalent designation
- EAGLE accounting and portfolio management system
- Knowledge of derivatives accounting and alternative investment valuation
- Data analytics tools (Power BI, Python, SQL, PowerQuery) including AI application
- Experience with pricing data applications Bloomberg, Thomson One (LSEG), etc.

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.

- A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Flexible work/life balance options
- Opportunities to do challenging work
- Opportunities to take on progressively greater accountabilities
- Access to a variety of job opportunities across business and geographies

Job Skills





Accounting, Change Management, Coaching Others, Customer Service Management, Financial Accounting Systems, Financial Risk Management (FRM), Operational Delivery, Process Management, Risk Management, Talent Management

Additional Job Details

Address: RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City: Toronto

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: WEALTH MANAGEMENT

Job Type: Regular

Pay Type: Salaried

Posted Date:

Application Deadline:

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

The expected pay range for this position is:

$67,000.00 - $110,000.00

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.

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📌 Manager - Fund & Portfolio Operations (Toronto)
🏢 RBC
📍 Toronto