Manager, Wholesale Financial Control

Job title:

Manager, Wholesale Financial Control

Company

Royal Bank of Canada

Job description

Job SummaryJob DescriptionWhat is the opportunity?For forward-thinking and results-focused leaders, this is an opportunity to join the Capital Markets Financial Control team of Canada’s largest company, frequently ranked as one of the top companies to work for in Canada. RBC is internationally recognized for its commitment to innovation, diversity, customer satisfaction and corporate social responsibility.RBC Capital Markets is an innovative and dynamic platform with a diverse product set and fast pace of continuous change, which provides ample scope for learning and career growth. You will be joining the Global Markets Finance team, which comprises our debt, equity, FX and commodities sales and trading businesses as well as our Central Funding Group, which optimizes the cost and availability of funding for Capital Markets operations. We care about each other, reaching our potential, making a difference to our communities, and achieving success through teamwork and collaboration.The Manager – Wholesale Financial Control is a key member in Capital Markets Finance, collaborating with stakeholders from the trading desks, risk management, operations, IT and other Finance functional areas to develop and sustain effective and efficient governance and controls over the financial results.What you will do?

• You will play a central role with respect to accounting issues, orchestrating relevant activities through functional partners to enable Front Office transactions. As a result, you will:

• Build effective working relationships across operations, business, and across other finance teams to improve sharing of business and financial information and establish yourself as a trusted business partner and the first port of call in resolving finance-related issues
• Develop an understanding of the results of your businesses and key drivers for accounting variances, aiming to provide value-added advice as the business transforms and adapts to accommodate changes in client needs and the economic environment
• Control and governance over the financial position and performance of each business area and flawless execution of close processes — including preparation and support of financial and regulatory submissions (e.g., journal entries, templates) — is fundamental to your role. You will:

• Maintain a high standard of partner service quality by taking ownership and accountability of incoming requests, and responding with a sense of urgency to ad-hoc inquiries and requests for financial information and analysis by senior management or other business partners
• Support the accurate and timely execution of the monthly, quarterly, and annual financial close processes, including preparation of journal entries, reconciliations, and disclosure template submissions for financial and regulatory reporting
• Support and work with external auditors in their annual audit and audit-related requests

• Continuous process improvement and system change are critical to your role. You will help to enable GM FC to spend more time on value-added analytics and less time on manual process:

• Drive change and add value through continually evolving current processes and analysis, in light of changing business needs and reporting requirements
• Lead transformation projects and actively identify opportunities for streamlining and automation; actively lead and execute on identified opportunities
• Continuously redesign existing commentary and analysis to maximize efficiency and value to key stakeholders (Financial Control, and Front Office)

What you need to succeed?Must-have

• CPA or equivalent designation, evidenced by a strong knowledge and understanding of financial reporting under IFRS accounting standards and internal controls over financial reporting
• Excellent analytical thinking and acute attention to detail
• Excellent leadership, communication, and interpersonal skills – ability to work with people at all levels within the organization
• Highly motivated, collaborative, and self-starter attitude
• Ability to manage numerous priorities simultaneously amidst tight deadlines
• Proficiency with computer applications, such as Excel, PowerPoint, and Access.

Nice-to-have

• Exposure to Capital Markets businesses, together with a willingness and interest in deepening that knowledge.
• Experience with RBC financial systems and associated procedures including EPM system knowledge also preferred.
• 3+ years of high level involvement in Financial/management reporting

Job Skills Audits Compliance, Critical Thinking, Detail-Oriented, Financial Reporting and Analysis, Industry Knowledge, Internal Controls, Knowledge OrganizationAdditional 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: 2025-03-04Application Deadline: 2025-03-21Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at .

Expected salary

Location

Toronto, ON

Job date

Thu, 06 Mar 2025 08:21:56 GMT

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