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Job Summary

Job Description

What is the opportunity?

Within RBC Investor Services (IS), the Market Services (MS) unit is responsible for driving revenue and NIAT through winning client activities in the markets space specifically, Foreign Exchange, Cash Products and Securities Lending.

The mandate of this position is to support Market Services business management responsibilities by ensuring appropriate adherence with policies/frameworks, and oversee issues, risks, audit and compliance items.

This position is situated on the trading floor and requires varied hours with the opportunity to work with partners outside of the usual time zones.

The successful candidate will drive the effectiveness of the business or functional operating model by effectively partnering with functional resources including Finance, Risk, Legal, Strategy, Human Resources, Technology and Compliance.

What will you do?

  • Contributes to and oversees the Front Office Supervisory Program with a focus on regulatory supervision requirements, Regulatory Reporting, Client Documentation and Operational Risk programs globally.
  • Investigate external vendor & regulatory technical specifications - DTCC & Unavista Technical Spec.
  • Owns daily operations for regulatory reporting globally. This includes report submission, trade reconciliation, data mapping and validation while coordinating the remediation and resubmission of any trade exceptions within the allowable time frameand reports on all blocked/rejected trades, and trade exceptions.
  • Work closely with IT and Front Office to automate and reduce inefficiencies related to Supervisory reviews and Risk Reports while acting as the point of contact for Operational Events impacting the MS business.
  • Manage supplier invoices, payments, profiles such as contract renewals, agreements and MIS.
  • Issue owner / coordinator, arising from internal audits / compliance reviews, regulator audits and those self-identified.
  • Manage audit and regulatory items, operational risk controls and assessments, KYC, supplier risk management, and ensure compliance with risk appetite and regulatory requirements.
  • Create and organize materials for multiple committees, such as the Supervisory and Oversight, Best Execution, FX execution committee.

What do you need to succeed?

Must-have

  • Undergraduate degree in business/ finance or other relevant degree. MBA, CFA or post-graduate in a quantitative subject are nice to have.
  • At least 2-5 years' experience in business analyst, trading conduct, compliance and regulatory reporting roles.
  • Knowledge of OTC FX derivatives products and reporting obligations (MIFID, OSC, MAS) is nice to have.
  • Highly proficient with excel and technical systems, with exceptional business analysis, sound market and technical knowledge a requirement, specifically of financial services and asset management industry.
  • Strong relationship management and communication skill and collaborative mindset with a proven ability to independently manage multiple, high visibility initiatives.
  • Ability to own and seek better methods that include challenging the status quo for overall better outcomes while at the same time managing the applicable risks.

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.

  • Excellent exposureto communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriate
  • Working with an exciting, close-knit, supportive & dynamic group
  • Opportunity to collaborate with other business segments within the bank
  • Excellent career development and progression opportunities
  • A comprehensive Total Rewards Program including bonuses and flexible benefits
  • Competitive compensation

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nclusion

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