What is the Opportunity? You will manage the financial control responsibilities in the Wholesale Finance group with the objective of delivering timely, accurate and reliable financial information. In this capacity, you will be working on the reporting and production aspects of RBC’s Net Investment, Cash Flow & Fair Value hedge accounting programs, thereby helping the bank mitigate its interest rate & FX risk. Responsibilities Ensure the provision of accurate and complete financial and regulatory reporting for Wholesale Finance results. Manage end-to-end hedging workflows and system operations. Prepare daily inception documentation through validating transaction details; performing effectiveness testing and monitoring counterparty credit risk. Identify and assist in system and process enhancement initiatives including the automation project. Ensure new hedges, products and transactions are appropriately captured in RBC financial reporting systems, including the appropriate use of GLs and financial statement reporting lines. Ensure SOX and RBC EUC documentation compliance and completeness, including new controls/process. Participate in ad-hoc projects as directed by the reporting manager. Ensure accurate external reporting, including financial statements, note disclosures, regulatory reporting & management reporting. Maintain the monthly review program to ensure financial controls are in place and the appropriate reconciliations are completed, and that global policies and procedures are adhered to by all stakeholders. Assist in the investigation of all financial and regulatory reporting matters. Maintain technical knowledge and keep abreast of all new accounting developments, including hedge accounting changes. Support the operational execution and implementation of new accounting standards, assess related financial reporting impact, coordinate and execute the implementation plan. Qualifications Must-have Knowledge of complex financial instruments and transactions, together with a willingness and interest in developing that knowledge. Strong attention to detail. Technical competence in relevant financial and statutory accounting standards. Highly developed communication, interpersonal and negotiation skills and strong financial, analytical, judgmental and conceptual skills. Ability to manage operations workflows and process improvement experience. Excellent presentation and report-writing skills. Strong team skills and work ethic. Nice to have Accounting designation or CFA. Hedge accounting knowledge is an asset. Knowledge of RBC’s reporting systems and infrastructure. Benefits 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. Opportunities to take on progressively greater accountabilities. Address: Royal Bank Plaza, 200 Bay St, Toronto, Canada Employment Type: Full time Work Hours per Week: 37.5 #J-18808-Ljbffr