Associate Director, Commercial Banking Financial Control

Job Summary

Job Description

What is the Opportunity?

An exciting opportunity to join Enterprise Controller (Wholesale Finance) team. The Associate Director, Commercial Banking Financial Control, will act as the subject matter expert and key point of contact for the Commercial Banking business in Canada, with the objective of delivering timely, accurate and reliable financial information. The people manager will support the internal and external reporting, disclosure requirements and control framework, as well as seek opportunities to streamline existing processes and lead ad-hoc projects, while liaising and collaborating with various stakeholders across the Enterprise.

What will you do?

• Ensure the accuracy and completeness of financial and regulatory reporting for supported business lines by reviewing monthly GL data, financial results and variances to ensure accuracy, including monitoring of allocations and other intergroup activities.
• Responsible to ensure new products and new transactions are appropriately captured in RBC financial reporting systems, and that appropriate accounting methodologies are applied. In particular, prepare analyses that take into account IFRS accounting implications and external and internal reporting requirements including MD&A, B/S, P&L, note disclosures & supplemental formats.
• Review the monthly Global Attestation review program to ensure proper financial controls supporting external financial results are in place. Ensure that global policies and procedures are adhered to by all stakeholders including monitoring of allocations and other intergroup activities.
• Subject matter expert for deposits and lending products accounting issues. Maintain technical knowledge and ensure Financial Control, Product Control, and Business teams are kept abreast of all new accounting developments.
• Contribute and represent Finance function on various IT system projects/initiatives.
• Ensure SOX and RBC EUDA documentation compliance and completeness including new controls/processes.
• Participate in ad-hoc projects as directed by Director, Commercial Banking Financial Control.

What do you need to succeed?

Must-have

• CPA designation or equivalent. This mandate is highly dependent on using analytical and financial reporting skills commonly associated with accounting designations.
• Knowledge of relevant financial and regulatory accounting standards, especially IFRS 9.
• Strong communication, interpersonal and collaboration skills are considered necessary for the success of this role.
• Acute attention to detail and excellent analytical thinking.
• Strong leadership, people management, and team building skills.
• Strong interpersonal skills, due to frequent interaction with Front Office Senior Management, with the ability to explain complex accounting issues in a concise and meaningful manner.

Nice to Have

• Strong knowledge of RBC financial systems.

Job Skills

Accounting, Accounting Finance, Decision Making, Financial Planning and Analysis (FP&A), Long Term Planning, Oral Communications, Organizational Savvy and Politics, Strategic Thinking, Team Management, Time Management.

Additional Job Details

Address: ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City: TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: OFFICE OF THE CFO

Job Type: Regular

Pay Type: Salaried

Posted Date: 2025-04-08

Application Deadline: 2025-04-24

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above.