Job Summary

The CM Canadian Regulatory Services group is responsible for ensuring the ever changing regulatory reporting requirements imposed by various global Regulators for OTC Derivatives are successfully implemented and executed.

This role is responsible for prepare valuation statements to client on a regular basis including request related to audit confirmation requests for derivatives products as required. The role will involve daily reconciliations and exception monitoring, investigation, issue management and MI reporting.

Job Description

What is the opportunity?

You will be responsible to prepare valuation statements to client on a regular basis including request related to audit confirmation requests for derivatives products as required. You will also be involved in daily reconciliations and exception monitoring, investigation, issue management and MI reporting.

What will you do?

Prepare valuation statements to client on a regular basis including request related to audit confirmation requests for derivatives products as required.Perform Daily valuation health check for OTC Derivatives products and identify any missing or stale valuation data reported to the designated trade repository.Analyze potential valuation reporting gaps and perform investigations in Trade Capture system & Trade Reporting Engine to determine proper course of remediation.Work collaboratively with Front Office, Business and Client Services, Compliance, IT, Trading Documentation Team, and Client Data Management to resolve any valuation reporting issues.Ensure all daily tasks / controls are completed in line with the departmental procedures.Continue to develop product / market knowledge to ensure daily processes are appropriate to reduce operational risks.Investigate any processing issues and recommend a course of action to the Team Manager. Once approved, assist in the execution of the proposed change.Support colleagues during busy periods by sharing workloads as applicable.Proactively analyze current state processes, identifies opportunities to further streamline process to provide suggestions for process re-engineering and technology.To adhere to mandatory training requirements and take a proactive approach to suggesting appropriate additional training as required for the role.Escalate valuation reporting issues to Senior Management and Compliance as deemed necessary.Support training of new staff / cross training with other team membersResponsible for maintaining product and operational procedures documents on an ongoing basis.Effectively communicate and build rapport with team members, stakeholders and business partners using a variety of techniques and collaboration from initiation to close

What do you need to succeed?

Must-have

Bachelor’s degree specializing in Business, Finance, Math or EngineeringProficiency in Python or VBA (Visual Basic for Applications)Solid understanding of procedures and operational controls as they relate to systems and work flowsDetailed understanding of the fundamentals of Capital Markets trading and the transaction lifecycleWorking knowledge of OTC Derivative productsExcellent communication skills – both verbal and written, including presentation skillsAble to manage multiple priorities, work under pressure, learn quickly, and perform new tasks accurately, effectively, and efficientlySkillful in Microsoft Office Suite (Outlook, Excel, Access, PowerPoint, Word, Visio, etc.)

Nice-to-have

Detailed understanding of RBC Capital Markets organizational structure (front office sales and trading, middle office, product control, back office operations, regulatory/compliance, etc.)Familiarity with front, middle and back office applications (Openlink, Bloomberg, TradeWeb, MarkitWire, Murex, DTCC 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

RBC requires as a condition of employment that all successful candidates in the United States and Canada be fully vaccinated against COVID-19 prior to their start date, and may require proof of the same.  Reasonable accommodation is available where required by law.

RBC exige, à titre de condition d’emploi, que tous les candidats retenus aux États-Unis ou au Canada soient entièrement vaccinés contre la COVID-19 avant leur date d’entrée en fonction. Il est possible qu’ils aient à présenter une preuve vaccinale. Des mesures raisonnables d’adaptation sont offertes lorsque la loi l’exige

Job Skills

Active Learning, Client Valuations, Communication, Critical Thinking, Customer Service, Operational Control, Operational Delivery, Operations Processes, OTC Derivatives, Prioritization, Process Improvements, Time Management

Additional Job Details

Address:

100 WELLINGTON ST W, FLR 4: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:

2025-03-05

Application Deadline:

2025-03-20

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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