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