Job Description

Job Summary

In a leadership capacity, this role will provide oversight of the books and records of CM LLC. The person in this role will primarily manage and perform various control and analysis to ensure that the books are accurate and in compliance with IFRS / US GAAP reporting requirements.

Job Description

What will you do?

• Perform various oversight functions to ensure that the books/records of CM LLC & MP LLC are accurate and in compliance with US GAAP / IFRS reporting requirements

• Prepare and assist with the sub-ledger to ledger interface; ensuring mappings and preparation of various reconciliations, unpostable, suspense, and any issues with the sub-ledger feeds timely

• Identify and coordinate adjustments needed at month-end for financial reporting purposes

• Assist with CM LLC & MP LLC intergroup reconciliations; coordinate the cleanup of large breaks

• Assist in the preparation of CM LLC currency exposure and hedge analysis

• Support IHC / FBO / CCAR and other workflows dependent of CM LLC sub-ledger details supporting ledger balances.

• Perform reviews of attestation results and assisting with the resolution of problem accounts

• Review and prepare standard of documentation binders, month end worklist binder and Workflow models (BRAG) for compliance with RBC policy to ensure high quality of reconciliations and related support

• Work collaboratively with various RBC Teams including Change Management and IT to address process and control deficiencies and complete required tasks

• Liaison with external / internal auditors and assist with tax and regulatory examinations

• Work closely with management to help establish and maintain relevant procedures, controls and process improvements

• Prepare and maintain supporting documentation for journal entries and ledger balances

• Assist with ad-hoc inquiries and request from various teams (see Key Relationships)

• Assist with knowledge development of the broker dealer team by keeping up to date with relevant accounting

What do you need to succeed?

• BA degree in accounting

• MBA / MS degree in Finance or Accounting (Optional)

• CPA / Public accounting (audit) experience – Preferred

• Strong organizational skills

• Strong broker-dealer accounting / reporting / financial statement preparation experience

• Broad knowledge of financial products and trading / settlement processes

• Proficient in US GAAP and IFRS requirements

• Strong problem solving and analytical skills

• Ability to work independently, collaboratively, and manage competing priorities

• Ability to work overtime as needed

• Advanced excel skills, including data lookups, pivot table

• SQL/VBA excel programming skills a plus

• Series 27 – preferred

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

• Opportunities to do challenging work

• Opportunities to build close relationships with clients

New York & New Jersey Base Salary Law Disclaimer

The good-faith expected salary range for the above position is $80,000 - $130,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs.  This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

·       Drives RBC’s high performance culture

·       Enables collective achievement of our strategic goals

·       Generates sustainable shareholder returns and above market shareholder

values

#LI-Hybrid

#LI-POST

#TECHPJ

Job Skills

Accounting, Auditing, Detail-Oriented, Financial Accounting Systems, Financial Recordkeeping, Financial Reporting and Analysis, General Ledger Administration, Generally Accepted Accounting Principles (GAAP), Tax Management

Additional Job Details

Address:

GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY

City:

Jersey City

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-08-20

Application Deadline:

2024-11-30

I nclusion 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.
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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.

Job Tags

Full time, Flexible hours,

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