Job Summary

Job Description

What is the opportunity?

This position supports the market data needs for RBC Financial Group globally, including providing solutions and reviewing existing tools (and their associated costs). Market data provides the tools for revenue generation in multiple RBC businesses. For most RBC Enterprise businesses, market data is a critical dependency for revenue generation. Business partners are a demanding group of investment and risk management professionals who depend on timely and accurate market information for effective decision making. The role requires an astute business advisor and diplomat who understands not only the data, but also the business lines being served.

What will you do?

Contract Management

Become the global Market Data relationship manager, managing market data related contracts and negotiating best terms during contract reviews/new initiatives with savings and cost avoidance in mind.

Business Engagement

Become the key stakeholder to the global RBC Market Data user community, supporting all  platforms on their Market data requirementsCollaborate with various internal RBC groups and peers to identify improvements or alternative approaches, and provide leadership on best practices and options on Market Data services

Supplier Management/Vendor Engagement

Engage with market data suppliers on a regular basis to review market data requirements, issues, changes, updates, etc.Coordinate meetings or be an escalation point for Market Data Suppliers and the RBC StakeholdersEnsure all market data suppliers adhere to internal supplier management and business continuity requirements; also ensuring all documents and related internal systems are updated accordingly; can involve working with various internal groups (ie Legal, Finance, Functions, etc)

Analytics/Reporting

Produce ad-hoc, monthly and quarterly detailed reporting/presentation decks with valued added commentary, analysis and metrics point of escalation/reference for the business line problems

Product Research/Industry Intelligence

Seek out sources and solutions for market data strategy per RBC business requirementsResearch industry trends and provide guidance on alternative solutions or changes impacting market data. Participate in industry working groups to lobby for consistent policies across data provider communityEvaluate and review new market data products and providing recommendations on services or solutions for RBC Enterprise

What you need to succeed?

Must-have

Bachelor’s degree or Equivalent practical experience2+ years of Market Data Experience5+ years’ experience in a technology/financial services environmentStrong verbal and written communications skillsExperience managing index license solutionsContract/ Account Management ExperienceAdvance proficiency in Excel, Word, and Powerpoint

Nice to-have

MBA, graduate degree, or equivalent experienceHigh level understanding of Market Data tools (MDM, FITS or similar) and control mechanisms (DACS, DART, EMRS) an asset.Understanding of Legal LanguageData AnalysisReporting/dashboard experience with BI tools. i.e.) Tableau, Qlikview etc.

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.

A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensationLeaders who support your development through coaching and managing opportunities Work in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workFlexible work/life balance options

Job Skills

Critical Thinking, Data Administration, Data Mining, Data Modeling, Data Movement, Detail-Oriented, Group Problem Solving, Managing Indexes, Quantitative Research, Research Documents

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:

2024-11-29

Application Deadline:

2025-01-31

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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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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 jobs.rbc.com.