Job Summary
Identifies and collects data sources, analyzes and extracts key data and information, evaluates and monitors data quality to meet the organization's information system needs and requirements. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments.Job Description
What is your opportunity?
Reporting to the Director, CDO - Finance/Risk Completeness Control Team, you will be a key contributor in ensuring the integrity, accuracy and completeness of Finance and Risk data across various finance and risk domains. You will support and perform the key risk reconciliations and present the results of these reconciliations to various stakeholders. You will also develop and maintain working relationships across the organization including Group Risk Management, Personal & Commercial Banking, Capital Markets, Wealth Management, Finance, Internal/External Audit, SOX Office, and other enterprise functions.
What will you do?
Complete and prepare key reconciliations between Finance and Risk data systems across the various data domains within the bank ensuring the integrity, accuracy and completeness of Finance and Risk data.
Develop and maintain FRTB market risk reconciliations of all traded products to ensure that RBC risk reports and capital measurements are based on complete data, identify trading positions that may be missing from market risk capital, and provide independent oversight of the challenging issues to Enterprise Market Risk stakeholders.
Develop and maintain International Data Hub (IDH) reconciliation and report granular institution-to-aggregate data of total positions crossed by instrument, currency, maturity for the top countries of exposure.
Support issue tracking, agile project management, monthly timelines as EPICS and Stories on JIRA /Confluence and maintain/present on-going progress and status updates in Scrum of Scrum.
Develop and maintain reconciliations to provide assurance to Credit Risk, Market Risk, Counterparty Credit Risk, Finance, Capital Measurement and Regulatory Reporting teams regarding the accuracy & completeness of the data in RBC’s reporting and data management systems.
Provide assurance that the specific and aggregate data values reconcile with authoritative sources and/or systems of record. Evaluate any unmitigated risks and control weaknesses, and recommend new or modified reconciliation controls, consistent with the stakeholder’s requirements.
Maintain and update key processes and documentation for SOX & Audit compliance. Function as a business subject matter expert and conducting information gathering sessions to assess, analyze and document reconciliation needs.
Manage detailed business requirements: identifying, tracking, and resolving business systems issues. Recommend business solutions that satisfy sponsor/stakeholder needs while continually exploring and assessing options to centralize, standardize and streamline reconciliation and business processes.
What do you need to succeed?
5+ years of industry knowledge and relevant experience in accounting, finance, risk management, data management and/or business analysis.
Relevant experience with market risk data, data quality principles, data control design, self-assessment of existing processes and systems.
Exceptional proficiency in Python programming language, Structured Query Language (SQL), processing of large data sets (e.g., with Hadoop).
Applicable data management and process improvement skills with Microsoft Excel advanced features, and data visualization (e.g., with Tableau).
Undergraduate degree in a numerical discipline, business administration, finance, or a combination. Good communications and large group presentation skills (verbal and written). Some experience with business and/or technical documentation and the assessment of existing processes and systems.
Nice-to-have
Initiative-taker, highly motivated, having a strong drive to achieve tangible results.
Ability to manage multiple competing priorities in times of stress.
Ability to analyze and comprehend complex financial products, reporting, statistical analysis, and data related issues.
Familiarity with financial service regulatory requirements, reporting, and guidelines (e.g., BCBS239, IFRS 9, CECL).
Professional Certification (CPA, CFA, FRM and/or other)
What’s in it for you?
We thrive on the challenge to be our best, thinking progressively 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 executives from many different parts of the organization
Job Skills
Python Software DevelopmentAdditional Job Details
Address:
BAY WELLINGTON TOWER, 181 BAY ST:TORONTOCity:
TORONTOCountry:
CanadaWork hours/week:
37.5Employment Type:
Full timePlatform:
CHIEF LEGAL & ADMIN OFFICE GRPJob Type:
RegularPay Type:
SalariedPosted Date:
2025-06-25Application Deadline:
2025-07-12Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At 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 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 jobs.rbc.com.