- SALARY:NONE
- LOCATION:NONE
Job Summary
Job Description
What is the opportunity?
The Analyst, Product Control will support the extraction and consolidation of market data on a daily basis, which is used for the valuation of both equity and fixed income derivative products. The will also provide analytical support to the Senior Analysts in Equities Product Control by performing daily mark-to-market valuation & P&L reconciliation on an accurate and timely basis.
What you will do?
.
Support of daily P&L production, month-end reporting and reconciliation
- Assist in daily valuations and analyze MTM movements by measuring the impact of new deals, amendments, cancellations as well as all other P&L attribution where applicable.
- Assist with the P&L attribution process. Provide commentary and document large movements in P&L.
- Assist in the reporting of Daily, MTD and YTD results as required. Compare P&L Estimate vs. Actual results investigate variances and escalate to the Senior Analyst as required.
- Ensure that all daily P&L submitted by the Senior Analysts are signed-off daily by the Front Office in a timely fashion. Escalate any issues to the Senior Analyst & reporting Manager
- Assist in preparing reports to meet ad-hoc requests as necessary for business partners
- Prepare and update all daily and monthly procedure manuals and documentation. Obtain a sign-off upon review by the Senior Analyst
- Work closely with all members of the Product Finance team through cross-training. Assume additional responsibilities as they arise.
- Assist Senior Analysts in identifying opportunities to improve valuation and risk reports and pro-actively streamline processes to improve productivity.
- Understand and trouble shoot daily P&L and Balance Sheet reconciliations to ensure figures are properly tied back to the systems of records, in the absence of the primary analyst.
- Assist and provide feedback to improve process efficiencies.
- Develop a solid knowledge base of how various derivative products are handled by the various trading systems
- Assist the Senior Analyst and Senior Manager with audit requests from both internal and external auditors.
What you need to succeed?
Must Have
- University Degree
- 1+ year of Capital Markets experience
- Sound knowledge of MS Excel including formulas as well as macros
- Good understanding of derivatives products
- Good analytical, problem-solving, interpersonal and communication skills
- Ability to work effectively under minimal supervision.
- Good understanding of procedures and operational controls as they relate to trading systems and workflows
- Willingness to learn and excel in a fast-paced environment. Team oriented
Nice to Have
- Canadian Securities Course
Job Skills
Additional Job Details
Address
City
Country
Work hours/week
Employment Type
Platform
Job Type
Pay Type
Posted Date
Application Deadline
I
and Equal Opportunity Employment
nclusion
At 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.
Join our Talent Community
Stay 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