Royal Bank of Canada
Job title:
Stock Loan Operations Analyst
Company
Royal Bank of Canada
Job description
Job Summary Responsible for daily Equity and Fixed Income Stock Loan Settlements. This includes all Stock Loan clearance activity, mark to markets and pledge activity. Heavy interaction with Securities Lending front office and RBC counterparties. Prepare internal reports and balance all settlement activity. Reconcile daily activity between APEX, Broadridge, CDS and DTC. Issue and recall letters on open borrows and loans. Process Corp. Action activity and interface with Corp. Actions in Toronto.Job DescriptionWhat is this opportunity?Are you looking for an exciting opportunity to become a part of a dynamic team? Are you self-motivated and thrive in a fast paced environment? As an Operations Analyst, you will be responsible for providing exceptional support to clients and trading partners through the daily settlement of Securities Lending deals. As part of our Business and Client Services department you will contribute to a center-of-excellence to help drive operational efficiencies and improve future scalability.What will you do?Process and monitor borrows and loans of bond and equity securities with counterparties to ensure intraday settlementWork with counterparties and trading desks to resolve trade disputes and settlement issuesProcess and settle cash related to daily mark to market on outstanding dealsPerform reconciliations and manage breaks internally and with trading partnersAssist with providing borrow locate numbers for short sellingIssue recall letters on instructions from Sales and Trading desk.Interface with Securities Lending Sales deskAdjust outstanding contracts for dividend and reorg activityImplement and support process improvements to assist with Straight Through Processing initiativesSettle JPM/BoNY Tri-party activityWhat do you need to succeed?Must have’s
- Previous experience with back office Operations and interaction with traders preferred
- Strong MS Office skills – Word, Outlook, Excel and PowerPoint
- Post-secondary degree, preferable in a business related field
- Excellent communication skills, both oral and written
- Ability to multi-task and prioritize in a time-sensitive environment
- Knowledge of trade settlements and/or the trade lifecycle.
- Experience with ADP/Broadridge, CDS related functions an asset
- Leadership acumen and a passion to apply it in a dynamic business environment
- Analytical thinking
What’s in it for you?Opportunity to be part of a critical team and work closely with team-oriented professionals across the globeCareer-defining opportunities to build upon your dynamic critical thinking and interpersonal skillsComprehensive compensation including performance bonus, vacation days, flexible healthcare benefitsA collaborative culture that recognizes innovative business ideasAccess to a variety of job opportunities across business and geographiesWe thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients succeed. We care about each other, reaching our potential, making a difference to our communities and achieving success that is mutual.Job Skills Active Learning, Analytical Thinking, Business, Capital Markets, Communication, Critical Thinking, Customer Service, Multitasking, Process Improvements, Stress Management, Technologically Savvy, Time ManagementAdditional Job DetailsAddress: 90 WESTERN PKY:BEDFORDCity: BEDFORDCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: CAPITAL MARKETSJob Type: RegularPay Type: SalariedPosted Date: 2025-04-01Application Deadline: 2025-04-15Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt 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.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
Halifax, NS
Job date
Thu, 03 Apr 2025 02:59:45 GMT
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