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 productsManage and mentor a team of co-op students, analysts, senior analyst, and managersExecute change management while leading employees through the process and keeping them focused on business prioritiesRepresent Product Control in meetings acting as business lead for specific projects relating to Front Office, IT, Finance initiativesDevelop and implement a strategic plan for consistent support across all business units through staff cross trainingEnsure all reconciliations and attestation packages are complete in a timely fashion, with issues escalated/resolved effectivelyAct as backup to the Director of Commodities Product ControlManage information flow of all trading activity in accordance with the standing order to ensure that business partners obtain relevant informationAttest to all monthly accounting entries to the G/L and conduct reconciliations to ensure figures are properly tied back to the systems of recordsReview and sign off on daily and monthly procedure manuals and documentation is complete and up-to-date for the areaMaintain a solid knowledge base of how various products are handled by all source trading systems as well as 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 strong Change Management mindsetUniversity degree and CA/CMA/CGA/CPA/CFA (or equivalent experience)Accounting knowledge for on and off-balance sheet products a mustAdvance understanding of procedures and operational controls as they relate to trading systems and workflowsProficient in Excel, Access and WordAbility to work in a demanding environment with tight deadlines; effectively and reliably under pressureAbility to work independently with minimal guidance from 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 adaptable benefits, competitive compensation, commissions, and stock where applicableLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a energetic, collaborative, progressive, and high-performing teamA world-class training program in financial servicesFlexible work/life balance optionsOpportunities to do challenging workJob Skills: Commodity Markets, Financial Accounting, Financial Derivatives, General Ledger Administration, Microsoft Office, Problem Solving, Profit and Loss (P&L;) Management, Project Management, Team LeadershipAdditional Job DetailsAddressROYAL BANK PLAZA, 200 BAY ST:TORONTOCityTorontoCountryCanadaWork hours/week37.5Employment TypeFull timePlatformOFFICE OF THE CFOJob TypeRegularPay TypeSalariedPosted Date2026-06-02Application Deadline2026-09-01Note: 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.
📌 Associate Director, Commodities, Product Control (Toronto)
🏢 RBC
📍 Toronto