What is the opportunity?A new and exciting opportunity has arisen at RBC to join the RBC Canadian Banking – Product Control Team as Manager Product Control. You will provide analytical support to the Canadian Banking Product Control area through the production of Profit and Loss (P&L) and the monthly reporting of associated products.Job DescriptionA recent and exciting opportunity has arisen at RBC to join the RBC Canadian Banking – Product Control Team as Manager Product Control. You will provide analytical support to the Canadian Banking Product Control area through the production of Profit and Loss (P&L) and the monthly reporting of associated products. You will ensure that the P&L reconciliation of source data is performed for all accounts under Product Control responsibility and is accurate and complete as well as production of P&L decompositions and estimates from source systems on a weekly basis.What will you do?Perform monthly P&L posting and accounting entries to the G/L and conduct regular reconciliations to ensure figures are properly tied back to the systems of records.Perform P&L decomposition by using source system data and produce comparisons to reported P&L by measuring the impact of new deals, amendments, cancellations as well as changes in curves, rates, prices where applicable.Provide P&L Analysis – commentary and breakdown for large movements in P&L.Communication of Weekly, MTD and YTD results, compare P&L Estimate vs. Actual results –explain and log variances.Ensure that the valuation of products is accurate, the methodology documented, and the booking thereof is correct in the general ledger.Prepare Month-end Electronic Standard of Documentation as per policy.Apply advanced quantitative, spreadsheet modelling and database management skills (Excel, Access, Datameer)



to develop an enhanced process for P&L estimation and decomposition using data from source system.Work closely with all members of the Product Control team, providing guidance and cross training.Provide assistance to other reporting groups in fulfilling their reporting, disclosure and filing requirements, by filling out relevant templates and providing adequate back up.Identify opportunities to improve and pro-actively streamline processes to improve productivityMaintain a solid knowledge base of how various products are handled by the source systemsProvide information to satisfy audit requests from both internal and external auditorsDevelop an understanding of, and a solid relationship with RBC Canadian Banking operations and the functions of various business units across the firm.What do you need to succeed?Must-haveBA / BS or equivalent with emphasis in finance, economics or other quantitative disciplineMinimum 3 years of experience in a sophisticated Finance environment with an understanding of retail banking productsStrong analytical, problem solving, interpersonal and communication skills.Above average quantitative and PC skills an asset; Database,



programming skills a plusAbility to work effectively and reliably under pressureNice-to-haveWorking knowledge of database design conceptsExperience relating to data analytics and visualizationContinuous improvement and innovation mindsetAbility to work independently with minimal guidance from managerSolid understanding of procedures and operational controls as they relate to Canadian BankingWhat'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 applicableLeaders who support your development through coaching and managing opportunities.Opportunities to do challenging workOpportunities to take on progressively greater accountabilitiesAbility to make a difference and lasting impact.Job SkillsAccounting, Business Analytics, Financial Accounting Systems, General Ledger Administration, Group Problem SolvingAdditional Job DetailsAddress: ROYAL BANK PLAZA, 200 BAY ST:TORONTOCity: TorontoCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: OFFICE OF THE CFOJob Type: RegularPay Type: SalariedPosted Date: 2026-07-21Application Deadline: 2026-08-31At 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. #J-18808-Ljbffr

📌 Manager, Canadian Banking Product Control (Toronto)
🏢 RBC
📍 Toronto