Manager, Canadian Banking Financial Control, Credit Quality Reporting
Job Summary
Job Description
What is the opportunity?
Reporting to the Senior Manager, P&CB Platform Financial Control, the Manager will play a key role in credit quality reporting for Canadian Banking. This includes assisting in the month end accounting for allowance for credit losses (ACL) and provision for credit losses (PCL) and ensuring timely and accurate reporting of credit quality results. This role will also be responsible for preparing and/or reviewing various disclosures and regulatory reporting as it relates to ACL/PCL, gross impaired loans and delinquencies. The manager is expected to collaborate with various stakeholders across Finance functions and Group Risk Management teams in order to drive change and improve credit quality reporting processes. This includes maintaining a curious mindset to bring continuous improvement to current processes and help further develop data analytic and automation opportunities across the platform.
What you will do?
- Accurate accounting and reporting of monthly ACL and PCL, impairment, and delinquencies.
- Ensuring accurate reconciliation of Stage 3 ACL by preparing Standard of Documentation (SOD) and attesting to the accuracy of the balance sheet accounts.
- Prepare or review monthly regulatory reporting and quarterly external financial disclosures.
- Assist in the re-design, testing and implementation of Canadian Banking's Credit Quality Reporting System.
- Proactively identify opportunities to further improve control processes, streamline and improve productivity through manual process changes and automation.
- Support the preparation for audit readiness, including the enhancement of current policies and procedures for key processes within Platform Control
- Lead or participate in ad-hoc projects and information as required
What you need to succeed?
Must-have
- Accounting designation - CPA, CGA, CMA
- 3+ years accounting and finance related experience, including previous experience in financial reporting. Experience in financial control, and/or credit risk would be an asset.
- Strong collaborative skills with the ability to establish strong relationships at all levels across the enterprise.
- Excellent analytical and problem-solving capabilities, and ability to manage multiple priorities
- Exceptional verbal and written communication skills
- Strong Excel and PowerPoint skills
Nice-to-have
- Knowledge of RBC's financial systems and processes
- Financial Services industry experiences with knowledge of Personal & Commercial Banking Business
- Experience with working with big data including Visualization Tools (i.e. Tableau)
Job Skills
Accounting, Accounting Finance, Communication, Data Analysis, Decision Making, Finance, Financial Accounting, Financial Accounting Controls, Financial Oversight, Financial Planning and Analysis (FP&A), Financial Reporting and Analysis, Group Problem Solving, Management Reporting, Prioritization, Problem Solving, Process Changes, Quality Reporting, Regulatory Reporting, Strategic Thinking, Tableau (Software), Teamwork, Time Management, Waterfall Project Management, Written CommunicationAdditional Job Details
Address:
City:
Country:
Work hours/week:
Employment Type:
Platform:
Job Type:
Pay Type:
Posted Date:
Application Deadline:
Inclusion and Equal Opportunity Employment
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.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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.