Operations Analyst

Job Summary

What is the opportunity?
Global Operations is the functional core of RBC Capital Markets’ trading activities, ensuring the firm delivers services and execution that meet its reputation for having the stability, performance and strength to move forward. The Operations division is responsible for post-execution trade processing and maintaining controls for the entire trade lifecycle.

This LLC Capital Markets Equity P&S role falls within the Global Operations division, focusing on supporting equity products across North America settling via NSCC contracts and DTCC. In this role, you will be completing a daily reconciliation of equity trades reported by various external counterparties and compare against trades run on our books of record. Both equity and step out trades are submitted and confirmed via Work X, Nasdaq’s primary clearing platform. You will be engaging both internal stakeholders such as trade desks and external counter parties to ensure resolution in a timely manner. Correcting entries to resolve all breaks, and reconciling ensure we are in balance will be key parts to this desk.

Job Description

What will you do?

• Perform the accurate and timely reconciliation of all daily equity trade activity.
• Identify, report, monitor and resolve trade exceptions between the counter party and RBC’s book of records and escalate issues to manager within a timely manner.
• Ensure compliance of all department procedures and policies.
• Identify and reconcile discrepancies reported by multiple RBC trade desks and those reported by external counterparties.
• Process client requests including but not limited to trade corrections, trade Input and Bookkeeping Journals.
• Monitor the daily P&S Overnight Edit Report on the Broadridge application PostEdge.
• Utilize Xceptor and Excel macros for reconciliation functions.
• Liaise with front end trade desks, settlements, counterparties, and other internal/external stakeholders.
• Cross train across desks within the team to broaden knowledge base.

What do you need to succeed?

Must Have:

• University Degree (Bachelor) or equivalent in finance or related field.
• Strong, effective verbal and written communication skills with the ability to learn remotely when required.
• Self-starter, well-organized and able to work independently.
• Good interpersonal skills and the ability to work and coordinate effectively within a team environment.
• Ability to prioritize work, multi-task responsibilities and take initiative to anticipate delivery.

Nice to Have:

• Knowledge of the equity product flow from execution to settlement including exchange traded and broker to broker trades.
• Equity back office or trade support experience.
• Broadridge related functions including but not limited to: Global Framework, Ascendis, MRGN, SINR, NEWB, TSIQ, MSDI.

Job Skills

Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process Improvements.

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: Contract (Fixed Term)
Pay Type: Salaried
Posted Date: 2024-11-18
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.

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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