Associate Director, Product Control

Job Description

What is the opportunity?

Our client is a specialist provider of asset services, custody, payments and treasury services. Founded in 1864, they are the 10th largest bank worldwide and the 5th in North America, as measured by market capitalization. They are among a small group of highly rated global banks and are recognized time and time again for our financial strength, market leadership and philanthropic work.

Our client has a processing centre of operational excellence supporting 10 countries across three geographical time zones employing a Global Operating Model to maximise efficiencies across times zones and supports a 24/5 operational capability. The objectives for Malaysia are to enhance the scalability of their global operations, improve service quality via their 'centres of excellence' and to implement/leverage standardised processes globally.

The Finance team at RBC Malaysia provides Finance and Accounting support to RBC Malaysia locally, in addition to all of RBC's businesses in Hong Kong, Singapore and Australia. The Finance operations in Malaysia is the Center of Expertise for APAC Finance, providing Accounts Payable, Financial Control, Product Control and Performance Management services. The objectives for Malaysia Finance is to provide First Class accounting services to our stakeholders in Asia Pacific, and to enable onshore Finance teams to fulfil their roles as valued Finance business partners. 

What will you do?

• Perform the Profit and Loss Reporting for Capital Market in the APAC region.
• Complete designated Finance and Head Office reporting in a timely manner.
• Deliver Financial Reporting requirements in line with SLAs.
• Provide a first class service evidenced through Key Performance Indicators (KPIs).
• Contribute to the strategic planning of Malaysia Finance team.
• Complete designated reporting on a daily, monthly, quarterly or annual basis as required. This includes the production of materials for the Australian and Asia Risk Committee, DFR/KRI statistics, Asia Consolidated P&L, Weekly Commentary, and financial reporting for Management Committees and Boards.
• Participate in the automation, process improvement, and standardization of product control processes, while fostering synergies within the function. This includes involvement in local and global projects and contributing to continuous process improvements, such as report standardization and centralization of processes.
• Assist with the Transfer Pricing booking and reporting, including reconciliation and ageing for various APAC businesses.
• Conduct robust reviews of business and function costs, recommend and support cost saving initiatives.
• Maintain standard, centralized processes where applicable to ensure effectiveness and efficiency of management reporting.
• Ensure documentation such as procedure notes are current, and maintained in line with best practices.

What do you need to succeed?

Must-have

• A accounting and finance discipline, preferably with knowledge on financial instruments and P&L analytical skills
• Minimum 10 years of working experience
• Proficient understanding and application of accounting concepts within a financial institution. Advanced knowledge of Excel, along with a fair understanding of tools such as Alteryx, Power BI, and Tableau. Familiarity with coding in VBA and Python would be advantageous.
• Strong written and verbal communication
• Attention to detail

What's in it for you?

Our client thrive on the challenge to be their best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. Our client care about each other, reaching their potential, making a difference to their communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including performance-based bonuses, flexible benefits, and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• A world-class training program in financial services
• A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded

Job Skills

Accounting, Business Analytics, Commentaries, Continuous Process Improvement, Financial Accounting Systems, General Ledger Administration, Group Problem Solving, Key Performance Indicators (KPI), Product Controlling, Reporting Requirements, SLAs

Additional Job Details

Address:

PERSIARAN IRC 2, IOI RESORT CITY IOI CITY TOWER ONE:PUTRAJAYA

City:

Putrajaya

Country:

Malaysia

Work hours/week:

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

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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