Job Description

What is the opportunity?

Reporting to the Senior Manager, the Manager will play a key role in credit quality reporting for Personal and Commercial 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 will you do?

• Participate in the accounting and reporting of monthly ACL and PCL, impairment, and delinquencies.
• Reconcile Stage 3 ACL by preparing Standard of Documentation (SOD) and attesting to the accuracy of the balance sheet accounts.
• Prepare monthly/quarterly results and variance analysis. Investigate unexpected differences. Review quarterly external financial disclosures.
• Proactively identify opportunities to further improve control processes, streamline and improve productivity through manual process changes and automation.
• Lead or participate in projects and initiatives, as required, including changes to the loan loss provisioning system and related systems.
• Perform all responsibilities with a financial control mindset
• Assessing the accounting implications of new products and initiatives to enable business partners to make sound decisions. Help team to assess and implement new accounting standards and policies.
• Reviewing monthly actual results and variance analysis. Review quarterly financial disclosures and related variance analysis. Assist in the investigation of financial results abnormalities.
• Assessing financial risk and establish proper infrastructure & processes to ensure financial results are reported completely and accurately and risks are adequately managed.
• Perform timely Balance Sheet reconciliations and attestations, including review of Standard of Documentation (SODs). Perform and update SOX controls, working with both internal and external auditors.

What do you need to succeed?

Must-have

• 3+ years’ experience working with vast data sets, performing balance sheet reconciliations
• Strong analytical skills, using database tools such as Microsoft Excel to perform complex functions.
• Clear written/verbal communication for drafting memos and collaborating with cross-functional teams.
• The ability to build relationships with stakeholders at all levels.
• Familiarity with financial reporting cycles, understanding of SOX controls and audit requirements.
• Strong documentation skills, with a high attention to detail.
• Understanding of IFRS, with exposure to regulatory reporting requirements (OSFI).

Nice-to-have

• CPA or equivalent accounting designation (or in progress).
• Experience in process improvement, streamlining, or automation.
• Hands-on experience with ACL/PCL calculations, impairment, and delinquency reporting.
• Direct experience with loan loss provisioning systems (e.g., LLPS) or similar credit risk tools.

What’s 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.

• 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 senior level executives from many different parts of the organization

Job Skills

Accounting, Accounting Finance, Decision Making, Financial Planning and Analysis (FP&A), Group Problem Solving, Long Term Planning, Organizational Savvy and Politics, Strategic Thinking, Time Management, Waterfall Model

Additional Job Details

Address:

RBC WATERPARK PLACE, 88 QUEENS QUAY W: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:

2026-04-01

Application Deadline:

2026-04-24

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

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.