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Operations Analyst

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RBC

1mo ago

Applications are closed

  • Job
    Full-time
    Entry, Junior, Mid & Senior Level
  • Business, Operations & Strategy
    Banking & Finance
  • Toronto

Requirements

  • Must Have:
  • University Degree (Bachelor) or equivalent in finance or related field
  • Strong, effective verbal and written communication skills with the ability to learn remotely when required.
  • Self-starter, well-organized and able to work independently.
  • Good interpersonal skills and the ability to work and coordinate effectively within a team environment.
  • Ability to prioritize work, multi-task responsibilities and take initiative to anticipate delivery
  • Nice to Have:
  • Knowledge of the equity product flow from execution to settlement including exchange traded and broker to broker trades
  • Equity back office or trade support experience
  • Broadridge related functions including but not limited to: Global Framework, Ascendis, MRGN, SINR, NEWB, TSIQ, MSDI.

Responsibilities

  • Perform the accurate and timely reconciliation of all daily equity trade activity.
  • Identify, report, monitor and resolve trade exceptions between the counter party and RBC’s book of records and escalate issues to manager within a timely manner.
  • Ensure compliance of all department procedures and policies.
  • Identify and reconcile discrepancies reported by multiple RBC trade desks and those reported by external counterparties.
  • Process client requests including but not limited to trade corrections, trade Input and Bookkeeping Journals.
  • Monitor the daily P&S Overnight Edit Report on the Broadridge application PostEdge.
  • Utilize Xceptor and Excel macros for reconciliation functions.
  • Liaise with front end trade desks, settlements, counterparties, and other internal/external stakeholders.
  • Cross train across desks within the team to broaden knowledge base.

FAQs

What is the main focus of the Operations Analyst role at RBC Capital Markets?

The main focus of the Operations Analyst role is to support equity products across North America, specifically concentrating on post-execution trade processing and maintaining controls for the entire trade lifecycle.

What are the key responsibilities of the Operations Analyst?

Key responsibilities include performing daily reconciliations of equity trades, identifying and resolving trade exceptions, ensuring compliance with procedures, processing client requests, and liaising with various stakeholders.

What qualifications are required for the Operations Analyst position?

A University Degree (Bachelor) in finance or a related field is required, along with strong communication skills, the ability to work independently, and good interpersonal skills.

Is experience in equity back office or trade support necessary for this role?

While it is a nice-to-have, prior experience in equity back office or trade support is not mandatory but can be beneficial.

What tools and applications will the Operations Analyst utilize?

The Operations Analyst will utilize applications such as Broadridge, PostEdge, Xceptor, and Excel macros for reconciliation functions.

What is the employment type for this position?

The position is a full-time contract (fixed term) role.

When is the application deadline for the Operations Analyst position?

The application deadline is December 2, 2024, with applications accepted until 11:59 PM on the day prior to the deadline.

Are there opportunities for training and development within this role?

Yes, there are opportunities for cross-training across desks within the team to broaden knowledge and skills.

What steps does RBC take to ensure diversity and inclusion in the workplace?

RBC is committed to building inclusive teams and an equitable workplace by addressing issues of inequity and systemic bias to support diverse talent, clients, and communities.

Will there be accommodations provided during the recruitment process?

Yes, RBC strives to provide an accessible candidate experience and will offer accommodations for candidates with different abilities during the recruitment process.

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