Manager, Valuations

Job Description

What is the opportunity?The Manager, Valuations will act a control function to perform Independent Price Verification (IPV) and other Valuation Adjustments (VA) for RBC’s fair value inventory. The Manager will design and contribute to initiatives that enhance processes, collaborating with cross-functional stakeholders to maintain a robust valuations environment and ensure compliance and fair value estimates are accurate, timely and representative of traded markets.What you will do?

• Conduct Valuations Adjustments and IPV of designated complex trading books. Ensure IPV issues are reported and dealt with promptly.
• Leverage and develop knowledge in financial markets and products to evaluate adjustments to fair value, perform investigations and provide solutions.
• Provide detailed analysis of IPV/VA results and proactively communicate to related counterparties.
• Contribute to the maintenance and improvements of control framework, including SOX; Analysis on control check points to ensure inventory completeness, and contributing to strengthening controls; Input checks to ensure there are no operational issues in the IPV and VA; Reconciliations and pricing recalculations using different inputs.
• Explore market data sources for best measure of fair value, contribute to consensus service submissions.
• Improve existing work practices, including existing valuation procedures, methodology and implementation, and develop best practice to ensure that all processes are up-to-date and follow RBC’s risk policies and procedures.

Must-have

• Undergraduate degree or above in a finance and/or quantitative area
• 4 years relevant experience with financial products across various asset classes including derivatives
• Strong programming skills including VBA, Python and database queries tools
• Understanding of valuation processes and impact
• Strong written and verbal communication skills
• Strong teamwork and time management skills, demonstration of drive and initiative

Nice-to-have

• Knowledge of Bloomberg and other financial analytics software such as Totem, Felix
• Knowledge of Version-Control 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, competitive compensation, commissions, and stock where applicable

• Leaders who support your development through coaching and managing opportunities

• Ability to make a difference and lasting impact

• Work in a dynamic, collaborative, progressive, and high-performing team

• A world-class training program in financial services

• Flexible work/life balance options

• Opportunities to do challenging work

Job SkillsCollaborating, Communication, Derivative Valuation, Detail-Oriented, Financial Analysis, Financial Markets, Market Data, Market Valuations, Microsoft Excel VBA ProgrammingAdditional 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:

2026-03-25

Application Deadline:

2026-04-30Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveOur Employment OpportunitiesAt 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.