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- Tasks: Join our London team to manage financial reporting and support for the Front Office desk.
- Company: RBC is a leading global financial institution dedicated to helping clients thrive and communities prosper.
- Benefits: Enjoy flexible work options, competitive compensation, and a comprehensive rewards program.
- Why this job: Be part of a dynamic team where your contributions make a real impact in finance.
- Qualifications: Knowledge of interest rate derivatives and strong numerical skills are essential; ACA/ACCA preferred.
- Other info: Work in a collaborative environment with world-class training opportunities.
The predicted salary is between 43200 - 72000 £ per year.
Product Controller, RMG (Front Office Desk) – Capital Markets page is loaded
Product Controller, RMG (Front Office Desk) – Capital Markets
Apply locations London, United Kingdom of Great Britain and Northern Ireland time type Full time posted on Posted 3 Days Ago time left to apply End Date: August 1, 2025 (10 days left to apply) job requisition id R-0000134037
Job Summary
Job Description
What is the opportunity?
An exciting opportunity to work within the London Product Control team to provide financial reporting and support for the Front Office desk (RMG) responsible to price and risk manage secondary derivative risks (XVA & MCAD) and associated funding on behalf of trading desks.
RBC’s expectation is that from mid-September 2025, all employees and contractors will work in the office with some flexibility to work up to 1 day per week remotely, depending on working arrangements.
What will you do?
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Production of daily desk P&L & monthly reporting including commentaries.
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Justification of P&L via daily risk-based decomposition, utilising the Greeks and new trade analysis.
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Reconciliation of P&L to trader’s estimates.
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Provide an effective link between Front Office (FO), & Financial Control, bringing specialist product knowledge into the arena, so that any disagreements in daily P&L are resolved on a timely basis & ultimate P&L agreement with FO is achieved, evidenced & logged.
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Ensure integrity of the bank’s books & records via reconciliation and attestation.
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Production of reporting as required by Front Office and other stakeholders including the Valuation Committee.
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Involvement in key change management projects to deliver improvements to our daily processes.
What do you need to succeed?
Must-have
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Knowledge of interest rate derivative product and revaluation skills.
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Proactive and energetic individual capable of developing the business platform forward.
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Strong ability to convert theory into practice and thrive in a complex area.
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Competent accountancy skills; preferably fully qualified ACA/ACCA or equivalent / similar.
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Excellent numerical skills with the ability to problem solve in a logical manner.
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Great communication skills and stakeholder management.
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Strong knowledge of MS Excel and VBA.
Nice-to-have
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Knowledge of derivative valuation adjustments particularly on CSA/MCAD discounting, CVA and FVA.
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Awareness of \”Greeks\” based decomposition.
What is in it for you?
We thrive on the challenge to be our best – progressive thinking 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.
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A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation
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Leaders who support your development through coaching and managing opportunities
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Opportunities to work with the best in the field
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Ability to make a difference and lasting impact
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Work in a dynamic, collaborative, progressive, and high-performing team
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A world-class training program in financial services.
Agency Notice
RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.
Job Skills
Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork
Additional Job Details
Address:
100 BISHOPSGATE:LONDON
City:
London
Country:
United Kingdom
Work hours/week:
35
Employment Type:
Full time
Platform:
OFFICE OF THE CFO
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-07-18
Application Deadline:
2025-08-01
Note: 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.
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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 .
About Us
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com .
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact .
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Product Controller, RMG (Front Office Desk) - Capital Markets employer: 0000055739 RBC Insurance Agency Ltd.
Contact Detail:
0000055739 RBC Insurance Agency Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Controller, RMG (Front Office Desk) - Capital Markets
✨Tip Number 1
Familiarise yourself with the specific financial products and derivatives mentioned in the job description, such as interest rate derivatives and XVA. This knowledge will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals already working in product control or capital markets. Attend industry events or join relevant online forums to connect with individuals who can provide insights into the role and potentially refer you internally.
✨Tip Number 3
Brush up on your Excel and VBA skills, as these are crucial for the role. Consider taking an online course or working on personal projects that require advanced data analysis to demonstrate your proficiency.
✨Tip Number 4
Prepare to discuss your problem-solving abilities and how you've applied them in previous roles. Use specific examples that highlight your analytical skills and ability to work under pressure, as these are key attributes for a Product Controller.
We think you need these skills to ace Product Controller, RMG (Front Office Desk) - Capital Markets
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in product control and capital markets. Emphasise your knowledge of interest rate derivatives and any accountancy qualifications you possess, such as ACA or ACCA.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific skills that align with the job description, such as your ability to reconcile P&L and your experience with financial reporting.
Showcase Your Technical Skills: Highlight your proficiency in MS Excel and VBA in both your CV and cover letter. Provide examples of how you've used these tools in previous roles to solve complex problems or improve processes.
Prepare for Potential Questions: Anticipate questions related to your understanding of derivative valuation adjustments and the Greeks. Be ready to discuss how you would approach daily P&L reconciliation and stakeholder management.
How to prepare for a job interview at 0000055739 RBC Insurance Agency Ltd.
✨Understand the Role
Make sure you have a solid grasp of what a Product Controller does, especially in the context of Capital Markets. Familiarise yourself with key terms like P&L, Greeks, and derivative valuation adjustments to demonstrate your knowledge during the interview.
✨Showcase Your Technical Skills
Highlight your proficiency in MS Excel and VBA, as these are crucial for the role. Be prepared to discuss specific examples of how you've used these tools in previous positions to solve problems or improve processes.
✨Prepare for Scenario-Based Questions
Expect questions that assess your ability to handle real-world scenarios, such as reconciling P&L discrepancies or managing stakeholder communications. Practise articulating your thought process and problem-solving approach clearly.
✨Demonstrate Your Proactive Attitude
The company is looking for someone who can drive improvements and adapt to changes. Share examples from your past experiences where you took initiative to enhance processes or contribute positively to your team.
