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Job Summary

Job Description

What is the opportunity?

The role will work within the Capital Markets, BCS, Business Management, Trade Expense Management team and be responsible for the timely and efficient processing of all 3rd Party Trade Execution Invoices through the implemented The role will work within the Capital Markets, BCS, Business Management, Trade Expense Management team and be responsible for the timely and efficient processing of all 3rd Party Trade Execution Invoices through the implemented global central utility (REVPORT). The incumbent will work closely with the Control and Governance and Business Support Functions within the team to ensure full coverage of Trade Execution invoices are processed through the system in as effective manner as possible to ensure compliance with internal and external regulation and standing orders and to additionally ensure maximum detail and transparency is made available to the business

What will you do?

  • Monitor incoming mail for assigned invoices and contact vendors when expected invoices have not been received
  • Reconcile invoices and calculate internal business allocations following business agreed methodology
  • Investigate reconciliation discrepancies and coordinate resolution with vendor and trading business
  • Document variances to best practice and provide to team lead for approval
  • Prepare allocation templates and post to financial systems
  • Arrange vendor payment through accounts payable or manual payment
  • Manage special financial scenarios accruals, prepayments, journals, etc. Prepare reports for and respond to inquiries from various parties including the trading business, product control, financial control
  • Perform cost analysis identifying material trends and drivers and/or opportunities for savings Perform business analysis and testing in relation to onboarding of new invoices or enhancements to processing of existing invoices
  • Work on assigned projects in the areas of process improvement and automation

What you need to

succeed?

Must-have

  • BBA / BComm / BSc / BA or 5+ years' experience in a technology/financial services environment
  • 2-3 years experience working in a Capital Markets, Securities Trading, Brokerage or similar environment
  • Knowledge of global providers of 3rd party trade execution services including Brokers, Exchanges, Clearing and Settlement Agents, Securities Depositories, Custodians, and Regulators
  • Understanding of RBC Capital Markets organizational structure (front office sales and trading, middle office, product control, back-office operations, regulatory/compliance, etc.)
  • Understanding of RBC Capital Markets products and their associated supporting systems in use within the organization. Fixed Income, Money Markets, Equities, Derivatives, etc.)
  • Understanding of RBC Capital Markets accounting procedures and systems including RIMMS, GLOSS, and EPM
  • Highly organized with an attention to detail and an ability to analyze information
  • Ability to communicate information to trading business and senior management
  • Comfortable with adhering to deliverables in a fast-paced, dynamic environment
  • Intermediate to advanced level knowledge of Excel

Nice-to-have

  • CPA / CFA
  • Experience working in Revport and Qlikview considered an asset
  • Intermediate to advanced level knowledge of VBA and SQL.

What's in it for you?

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

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nclusion

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