Associate Director, Commodities, Product Control (Ontario)

Associate Director, Commodities, Product Control (Ontario)

24 Aug
|
RBC
|
Ontario

24 Aug

RBC

Ontario

What is the Opportunity The 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, as well as accuracy of General Ledger for Commodities trading desk. The product scope involves derivatives and bespoke products related to energy, environmental, precious metals, base metals, cross-asset, and agricultural products. The employee will act as the main liaison with Front Office, Middle Office, Information Technology, Sales, Operations, Valuations and other operating units with projects and issues related to Commodities trading activity. The AD must ensure that all daily and monthly accounting, reconciliations, and attestations are performed and are accurate and complete by the team. The AD will also make assessments as to impact on existing processes and to streamline activities whenever possible; as well as actively participating and leading the team in taking on the broader initiatives sponsored by the bank.

What is the Opportunity The 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, as well as accuracy of General Ledger for Commodities trading desk. The product scope involves derivatives and bespoke products related to energy, environmental, precious metals, base metals, cross-asset, and agricultural products. The employee will act as the main liaison with Front Office, Middle Office, Information Technology, Sales, Operations, Valuations and other operating units with projects and issues related to Commodities trading activity. The AD must ensure that all daily and monthly accounting, reconciliations, and attestations are performed and are accurate and complete by the team. The AD will also make assessments as to impact on existing processes and to streamline activities whenever possible; as well as actively participating and leading the team in taking on the 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 products

Manage and mentor a team of co-op students, analysts, senior analyst,



and managers

Execute change management while leading employees through the process and keeping them focused on business priorities

Represent Product Control in meetings acting as business lead for specific projects relating to Front Office, IT, Finance initiatives

Develop and implement a strategic plan for consistent support across all business units through staff cross training

Ensure all reconciliations and attestation packages are complete in a timely fashion, with issues escalated/resolved effectively

Act as backup to the Director of Commodities Product Control

Manage information flow of all trading activity in accordance with the standing order to ensure that business partners obtain relevant information

Attest to all monthly accounting entries to the G/L and conduct reconciliations to ensure figures are properly tied back to the systems of records

Review and sign off on daily and monthly procedure manuals and documentation is complete and up-to-date for the area

Maintain a solid knowledge base of how various products are handled by all source trading systems as well as the downstream dependent systems

What do you need to succeed?
Must have

5+ years of Product Control experience in a derivatives environment

Strong leadership, analytical, problem solving, communication and people management skills

Project Management experience and strong Change Management mindset

University degree and CA/CMA/CGA/CPA/CFA (or equivalent experience)

Accounting knowledge for on and off-balance sheet products a must

Advance understanding of procedures and operational controls as they relate to trading systems and workflows

Proficient in Excel, Access and Word

Ability to work in a demanding environment with tight deadlines; effectively and reliably under pressure





Ability to work independently with minimal guidance from director

Ability to make decisions and deal effectively with multiple stakeholders

Nice-to-have

Experience in a matrix environment, such as a large, publicly-traded corporation

Ability to facilitate between and influence key decision makers

Strategic thinker with excellent interpersonal skills to work across functions and businesses

What’s in it for you?

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

A world-class training program in financial services

Versatile work/life balance options

Opportunities to do challenging work

Job Skills: Commodity Markets, Financial Accounting, Financial Derivatives, General Ledger Administration, Microsoft Office, Problem Solving, Profit and Loss (P&L;) Management, Project Management, Team Leadership

Additional Job Details
Address
ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City
Toronto

Country
Canada

Work hours/week
37.5

Employment Type
Full time

Platform
OFFICE OF THE CFO

Job Type
Regular

Pay Type
Salaried

Posted Date
2026-06-02

Application Deadline
2026-09-01

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

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

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