Pricing Analyst - TORONTO, Canada - Royal Bank of Canada

    Royal Bank of Canada
    Royal Bank of Canada TORONTO, Canada

    1 month ago

    Royal Bank of Canada background
    Full time
    Description

    Job Summary

    Analyzes merchandise overhead and historical cost data to provide more accurate cost estimates. Develops ways to reduce organizational costs and communicates pricing information to associates. Applies complete knowledge, skills, and practices to perform assignments.

    Job Description

    What is the Opportunity?

    The Pricing Analyst, RBC Global Asset Management (GAM), is responsible for the daily pricing and analysis of a wide range of financial instruments for RBC GAM. As Pricing Analyst, you will apply analytical tools to assess the accuracy of security valuations by researching, analyzing and resolving issues according to established policies and procedures. For more information, visit:

    What will you do?

    • Research, analyze and validate daily price discrepancies within valuation policy and monitor changes in the securities markets and investment regulations and their impact on daily pricing
    • Train staff on pricing process and methodologies across all instruments and assist staff with daily price challenges
    • Approve user supplied price (USP) files daily
    • Involved in price/data/application discussions with external vendors
    • Analyze market value impact of corporate actions and trade discrepancies against market data
    • Analyze Review security setup attributes for accuracy
    • Assist in pricing initiatives and enhancements and maintain internal pricing procedures/policies and ensure controls are followed
    • Monitor changes in the securities markets and investment regulations and their impact on daily pricing and resolve security price queries from internal/external audit

    What do you need to succeed?

    Must Have

    • Post-Secondary education in Finance or related field
    • Ability to work in a team environment, strong communication, time management, problem solving, attention to detail
    • At least 1-2 years experience with pricing/data applications such as Bloomberg, Refinitiv/Datascope,Thomson One Financial, Eagle, etc.
    • Experience with VBA/Macros, SQL, Tableau, Python
    • Security pricing experience:
      • Equity – Domestic, international, fair value pricing
      • Fixed Income – Plain vanilla, Convertibles, MBS, Strips, Real Return bonds, etc.
      • Derivatives - Futures, Options, Forwards, Swaps, Credit Default Swaps, Structured Products, etc.
      • Others – private placements, warrants, rights, restricted securities, etc

    Nice to Have

    • Completion of I Canadian Securities Course (CSC) or CFA Level 1

    What We Offer

    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 for our clients and in our communities, and achieving mutual success:

    • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
    • Opportunity to obtain hands-on experience throughout your role
    • Working with an exciting, close-knit, supportive & dynamic group
    • Opportunity to collaborate with other business segments within RBC Global Asset Management

    Job Skills

    Business Statistics, Confidentiality, Critical Thinking, Data Analysis Tools, Information Capture, Profitability Analysis, Standard Operating Procedure (SOP)

    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:

    Wealth Management

    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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    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.

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