Trade Support Analyst

Job Description

What is the opportunity?

The Fixed Income Derivative Operations group under RBC Capital Markets is looking to hire a Trade Support Analyst to join its Canadian Mortgage Investment group (CMIG). The incumbent’s primary responsibility is to provide operational support to un-securitized Mortgage activities, settlements and reconciliations in order to provide high quality operational support .

What will you do?

• As part of our daily support to the Mortgage trading business, approve assigned service providers’ files uploaded from shared drive into the Mortgage Hub (mHUB) system
• Promptly resolve issues related to Mortgage daily settlements.
• Investigate and resolve 3-way-reconciliation discrepancies in a timely manner. Reconcile Journal Posting position to system generated Activity Summary report for un-securitized Mortgages positions to Servicers’ report.
• Continually cross-train on the mHUB system and Mortgage desk tasks to maintain 3-person-deep coverage.
• Review daily and monthly GL (General Ledger) reconciliation results performed by CMRG (Capital Markets Reconciliation Group) to ensure all discrepancies for positions/balances in various processing systems are thoroughly investigated and resolved.
• Complete monthly GL accounts attestation within the prescribed deadlines.
• As necessary, prepare respective SLIM/eGL accounting entries for all Infinity/Murex book-runners.
• Ensure desk procedures, controls and best practices are current and well documented. As required, participate in user acceptance testing for new products and system improvements.

What do you need to succeed?

Must-have

• High degree of accuracy, attention to detail; ability to learn quickly and problem solve.
• Work effectively and reliably under pressure with minimal supervision; team player.
• Strong organizational, interpersonal and communications skills.
• Solid PC (Microsoft Excel, Word) and analytical skills

Nice-to-have

• Experience/working knowledge of Mortgages/MBS & derivatives products and processing procedures
• Good working knowledge of various Systems: MHUB, Slim, People Soft, Infinity/Murex, OBI, IRIS etc.

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.

• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Opportunities to build close relationships with clients
• Access to a variety of job opportunities across business and geographies
• Gain invaluable skills that can be transferrable within the operations financial industry

About RBC
Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com.

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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 rbc.com/careers.

Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.

JOB SUMMARY

City: Toronto
Address: 155 Wellington Street West
Work Hours/Week: 37.5
Work Environment: Office
Employment Type: Permanent
Career Level: Entry Level
Pay Type: Salaried
Required Travel (%): 0
Exempt/Non-Exempt: N/A
People Manager: No
Application Deadline: 02/01/2020
Req ID: 313496

Posting Notes: