Manager, Enterprise Derivatives Reporting

Royal Bank of Canada View all jobs

Toronto, ON
Permanent
Full-time

23 days ago

Job DescriptionWhat is the opportunity?The Manager, Enterprise Derivatives Reporting will be responsible for supporting the Senior Manager in efficient and effective delivery of the enterprise wide Derivatives reporting processes and disclosures.. These processes are critical to providing governance and control and ensuring meaningful disclosures related to RBC’s Derivatives portfolio are provided to Shareholders, Regulators and the Analyst community. The Manager will also support the implementation of process changes to drive efficiency and meet changing external requirements, while maintaining an exceptional control environment.What will you do?Key member of the team in preparing and delivering RBC’s annual, quarterly and regulatory deliverables:Conduct complex data analysis with large datasets to identify trends, insights and analyze reports and related data for completeness, accuracy, consistency with other disclosure and identify data quality issues by using advance technical skills, automation and identify efficiencies/improvement on current process.Consolidate the monthly Derivatives portfolio to populate quarterly disclosures and monthly deliverables while adding transparency and maintaining financial controlsSupport the coordination of bank wide reporting of various disclosures such as but not limited to Derivatives disclosures, Offsetting Notes, IBOR disclosure, T106 reporting and Intergroup Derivative reconciliation processPrepare regulatory reports while ensuring accuracy and timely deliveryPerform user acceptance testing in Enterprise Derivative Reporting System (eDR) for source system migrations to ensure that the accurate data elements are received by eDR.Prepare derivative netting entries, reconciliations and variance analysis for review by team members or manager in support of monthly and quarterly close processesPrepare and maintain process documentation, accounting guidance, and operational guidance for assigned financial disclosures and regulatory returnsCollaborate with internal and external stakeholders for completion of other critical tasks:Work with internal and external auditors to ensure effectiveness of internal controls and audit of external disclosuresCollaborate with Business Platforms, Finance, Counterparty credit risk team and eDR and sub ledger IT teams for reporting purposesProvide and implement recommendations on process improvements, automation, and opportunities to enhance controls and/or processesBe an active participant in cross-training with other team-members to ensure team resilience and business continuity planningPerform the GL booking difference analysis, and investigating the differences to fix the issues before books are closedDevelop, maintain and enhance intercompany derivative trade vs. general ledger reconciliation report and to take initiatives to address the issues with business units and Information technology division and resolve the differencesPerform the monthly and quarterly intercompany derivative trades matching processBuild new business rules for intercompany derivative trades matching to eliminate the manual matching exerciseSupport and improve quarterly reporting on intercompany derivative reconciliationPrepare the Information Return of Non-Arm’s Length Transaction with Non-Residents (T106) reporting to tax group at the year end and to coordinate the efforts to collect and reconcile the information on a quarterly basisActively work on implementing Enterprise Derivatives related project, driving to successful implementationWhat do you need to succeed?Must-have4+ years relevant experience in the financial services industry and/or accounting/finance reporting environmentStrong analytical, organization and problem solving skills; ability to drive process improvements and efficienciesExcellent computer skills (advanced Excel, Data3sixty Analyze and navigation through large datasets, Tableau)Knowledge of IFRS, particularly with respect to Financial Instruments, specifically Derivatives and Offsetting of financial assets and liabilitiesStrong attention to detail and accuracy and ability to multi-task under tight deadlinesExcellent written and verbal communication skills; interpersonal skillsNice-to-haveChartered Professional Accountant designation, or International equivalent and/or Charted Financial Analyst.Strong understanding of financial institutions, including all facets of RBC’s business and other activitiesDesire to question the status quo and to be bold to make significant impactful changesInnovative, organized, able to handle and disseminate a significant amount of information from multiple sourcesWhat’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
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact
Work in an agile, collaborative, progressive, and high-performing team
The opportunity to interface with senior level executives from many different parts of the organization

Job Skills Accounting, Auditing, Confidentiality, Detail-Oriented, Financial Accounting Systems, Financial Analysis, Financial Controlling, Financial Data Reporting, Financial Recordkeeping, Financial Reporting and Analysis, Financial Reporting Standards (FRS), Financial Statement Analysis, General Ledger Administration, Generally Accepted Accounting Principles (GAAP)Additional Job DetailsAddress: 20 KING ST W:TORONTOCity: TorontoCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: OFFICE OF THE CFOJob Type: RegularPay Type: SalariedPosted Date: 2026-03-23Application Deadline: 2026-04-17Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveOur Employment OpportunitiesAt 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.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 .RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

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