Physical Commodities 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

Job Summary

What is the opportunity?
You will act as the primary point of contact for clients operational requirements for physical precious operations.

You will be required to develop a full understanding of RBC's internal structure and how to best navigate this quickly and efficiently to expedite any client queries to resolution.

What will you do?

Position mandate is to provide Operational Control and Support surrounding the Logistics of the Commodity Physical Businesses primarily in precious metals space but also incorporating base metals and soft commodities.
Coordinate the transportation, storage, and delivery of precious and base metals, ensuring timely and efficient logistics operations.
Collaborate closely with the sales and trading desk to facilitate smooth trade settlement and optimize profitability.
Analyze market trends and supply chain data to identify opportunities for process improvements, cost optimization and new business initiatives.
Utilize various tools to forecast demand, manage inventory levels, and mitigate risk exposure.
Maintain accurate records and documentation related to logistics activities, ensuring compliance with regulatory requirements.
Physical forms will entail refined precious metals dore recycle and inventory financing, exchange products as well as off exchange products.
The position requires the capability to work efficiently and effectively with a diverse range of professionals both internally and externally. Commodity Physical Businesses include, but are not limited to, Base and precious Metals and Soft Products.

What do you need to succeed?

Must-have

Previous experience in banking operations.
Meticulous attention to detail and excellent time management skills and ability to interpret complex data in a fastpaced environment.
Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.
Solid understanding of finance, trading, risk management, costbenefit analysis, and profit optimization.
Bachelor's Degree from a recognized university

Nice-to-have

Experience in precious metals
Experience in commodity financing
Bachelor's degree in Business Management, Supply Chain Management
Base metals/soft commodities experience.

What is 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, flexible benefits and competitive compensation.
Leaders who support your development through coaching and managing opportunities
Opportunities to work with the best in the field
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and highperforming team
A worldclass training program in financial services
Flexible working options fully supported.

Job Skills
Adaptability, Base Metals, Commodities, Communication, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Inventory Management, Operational Delivery, Precious Metals, Process Improvements, Supply Chain, Teamwork, Time Management

Additional Job Details

Address:

RBC CENTRE, 155

WELLINGTON ST W:

TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Capital Markets

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

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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