Bcs Trade Support Analyst - Toronto, Canada - Royal Bank of Canada

Royal Bank of Canada

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Come Work with Us
At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title
BCS Trade Support Analyst

What is the opportunity?
The Fixed Income Derivative Operations group under RBC Capital Markets is looking to hire a Trade Support Analyst.

The incumbent is responsible for ensuring accurate timely booking of trades and directly supports all Fixed Income Derivative, Money Market, FX, and Corporate Treasury trading desks to facilitate profitable trading and efficient interaction between the trading and the operations group.

What will you do?

Ensure accurate input of Toronto trades into internal booking systems with appropriately assigned identifiers such as relevant flags and keywords.
Verify that all new deals and posttrade amendments are authorized by traders in accordance with the bank's Standing Order policies.
Ensure that Front Office personnel inputs and amends trades in a timely and accurate manner in various Capital Markets systems (e.g., Infinity, Murex, MarkitWire, Bloomberg and Tradeweb).
Actively monitor processes and work flows between the trading desks and the Operations Group to ensure smooth flow of operational activities.
Continuous monitoring of the shared group inbox and inform traders to respond to requests within time constrained deadlines.
Process posttrade amendments related to the lifecycle the trades (e.g., unwinds, novations, restructurings, etc.).
Investigate and resolve internal MTM discrepancies via Toronto and London internal MTM reconciliation reports.
Daily review of reconciliation reports to identify issues, breaks, control deficiencies, and promptly resolving breaks.

What do you need to succeed?

Must‐have

High degree of accuracy, attention to detail, ability to learn quickly.
Works effectively, collaboratively, and reliably in a fastpaced environment.
Strong organizational and interpersonal skills.
Excellent communication skills; both verbal and written.
Good understanding of Capital Markets' operational functions, processes, and organizational structure.
Relevant industry experience with a focus on fixed income products such as but not limited to Interest Rate Derivatives, Cross Currency Swaps, Bonds, Forward Rate Agreements, FX trades.
Naturally analytical and inquisitive with the ability to think critically while identifying issues and suggesting solutions.

Nice‐to‐have

Experience/working knowledge of Fixed Income Derivatives products and ISDA terminology.
Strong understanding of risk concepts and risk management practices.
Working knowledge of various systems: Murex, Infinity, MarkitWire, Bloomberg, and Tradeweb.

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
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact
Opportunities to do challenging work
Opportunities to collaborate and build close relationships with diverse business groups

Job Summary

Address:

TORONTO, Ontario, Canada

City:

CAN-ON-TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Capital Markets

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

:00

Application Deadline:

:00

Inclusion
and Equal Opportunity Employment
At 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.

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