Royal Bank of Canada
Job title:
Operations Analyst
Company
Royal Bank of Canada
Job description
Job SummaryJob DescriptionWhat is the opportunity?The Business & Clients Service under RBC Capital Markets is looking to hire a Trade Support Analyst to join its Market Business Service team. The incumbent is responsible for ensuring timeliness accurate booking and direct support of all Fixed Income Derivatives, MM/FX, Corporate Treasury Trading desks to facilitate profitable trading and efficient interaction between the Trading and the BCS group. The incumbent will be participating in UAT (User Acceptance Testing) and PIV (Post Implementation Verification) cycles for system enhancements, IT infrastructure changes, reconciliation fixes/enhancements, vendor/industry change requests and new business initiatives.What will you do?Ensure that all trades are input correctly by Toronto Traders in Infinity and Murex System, and that trades are properly assigned with back office flags for downstream confirmations, rate reset, and payment processing if applicable.Responsible for ensuring that all late deals from previous day are verified and booked.Verify that all new deals, amendments, cancellations, assignments and buyouts are authorized by the traders in accordance with the Bank’s Standing Order policies.Ensure Front Office personnel input and amend trades in a timely and accurate manner in various Capital Markets systems (e.g. Infinity, Murex, MarkitWire, Bloomberg (VCON) and TradeWeb).Actively monitor processes and work flows between the trading desks and the Operations Group to ensure smooth flow of tickets/information (including amendments, assignments, allocations, buyouts and cancellations). Identify and recommend changes to improve efficiencies.Monitor the Assignment Mail Box and inform traders to respond to request before within time constrained deadlines. Ensure all assignments are completed with notice to parties involved.Ensure Hedge Fund Company deals are captured, re‐allocated, and assigned etc., accurately according to clients and traders’ instructions.Investigate and resolve trade discrepancies on Toronto / Toronto and London Internal MTM Reconciliation Report.Daily review the MarkitWire vs Infinity/Murex reconciliation reports for SWAP, OIS, Basis Swaps, Fixed/Fixed Swaps, FRA, Cap/Floor, Swaption, ZCIS. Also review the Clearing reconciliation reports (CME, LCH and JPM If discrepancy is identified), it will be investigated and resolved in the timely manner.Participate in System enhancement/Change request/new business initiatives UAT, identify/troubleshoot issues/bugs and assist with JIRA logging, business requirement documentation, testing and PIV’s.What do you need to succeed?Must‐haveHigh degree of accuracy, attention to detail, ability to learn quickly and handle high volumeWork effectively and reliably under pressure with minimal supervision and a team playerStrong organizational, interpersonal and communication skillsWorking knowledge of Capital Markets operational functions, processes and organizational structureRelevant industry experience with an emphasis on Interest Rate Derivatives products and market practicesNice‐to‐haveExperience/working knowledge of Fixed Income Derivatives products and ISDA terminologyExperience with User Acceptance TestingGood working knowledge of various Systems: Murex, Infinity, Swaps Wire/Markit Wire, Bloomberg & TradeWebWhat’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 teamLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactOpportunities to do challenging workGain invaluable skills that can be transferrable within the operations financial industryJob Skills Adaptability, Communication, Critical Thinking, Initiative Activity, Problem Solving, Time ManagementAdditional Job DetailsAddress: RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: CAPITAL MARKETSJob Type: RegularPay Type: SalariedPosted Date: 2024-09-20Application Deadline: 2024-10-04Inclusion and Equal Opportunity EmploymentAt 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.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.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.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 .
Expected salary
Location
Toronto, ON
Job date
Sun, 22 Sep 2024 03:17:18 GMT
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