Derivatives Trade Support Analyst

Job Description

What is the opportunity?

The Canadian Equity Derivative Operations group of RBC Capital Markets, Business and Client Service division is looking to hire a Derivatives Trade Support Analyst. This is a full time position.

As a Derivatives Trade Support Analyst, you will ensure the timely and accurate completion of the primary responsibilities detailed below to support Equity Derivatives Businesses globally with a view to improve processes and enhance functionality, while delivering excellent service to business partners and colleagues.

What will you do?

• Prioritize the tasks below to meet department deadlines:
  • Identify, report and resolve trade, position and cash reconciliation breaks between Front Office and Back Office systems
  • Perform trade affirmation with internal counterparties to ensure payments are settled as scheduled to minimize risk
  • Create settlement journals and wires for all confirmed transactions
  • Upload trades, business events and accounting entries into systems promptly and accurately
• Participate in project planning and testing activities for system enhancements and implementations
• Escalate any unresolved issues or challenges to Management as soon as possible
• Identify potential areas for improved processing and automation wherever possible
• Maintain up-to-date and accurate procedure documentation to ensure high quality consistent service

What do you need to succeed?

• Bachelor’s degree or equivalent
• 2-5 years’ experience within an Operations functions, performed at a financial institution, with an emphasis on reconciliation tasks would be an asset
• Proficient in financial products including: Equity Linked Notes, Equity, Equity Swaps, Equity Options, Equity Futures/Forwards and Bonds
• Advanced VBA / Macro skills required (including ability to write code)
• Ability to analyse and meet deadlines in high-pressure situations
• Excellent computer skills (Word and Excel)
• Good familiarity with Sophis, IMATCH and Broadridge (BTS/BPS/ADP)
• Ability to use good judgement, confidentiality and discretion in communicating with colleagues and partners
• Proactive in identifying, escalating and resolving potential issues
• Good organizational skills and detail orientated
• Excellent verbal and written communication skills
• Drive to enhance own skills and build knowledge within a team

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
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Flexible work/life balance options

JOB SUMMARY
City: Toronto/Halifax
Address: 200 Bay Street/120 Western Parkway, 6th floor, Bedford, NS
Work Hours/Week: 37.5
Work Environment: Office
Employment Type: Permanent
Career Level: Experienced Hire/Professional
Pay Type: Salaried
Position Level: PL09
Required Travel(%): 0
Exempt/Non-Exempt: N/A
People Manager: No
Application Deadline: 08/02/2021
Req ID: 390800