2027 Analyst, COO-Operations

Royal Bank of Canada•New York, NY

3d•Onsite

About The Position

RBC Capital Markets is a premier investment bank that provides a focused set of products and services to corporations, institutional investors and governments around the world. With more than 7,100 professionals, we operate out of 70 offices in 15 countries across North America, the U.K., Europe, and the Asia-Pacific region. We work with clients in over 100 countries around the globe to deliver the expertise and execution required to raise capital, access markets, mitigate risk and acquire or dispose of assets. According to Bloomberg and Dealogic, we are consistently ranked among the largest global investment banks. RBC Capital Markets (RBCCM) is part of a leading provider of financial services, Royal Bank of Canada (RBC). Operating since 1869, RBC is one of the top 15 largest banks in the world and the fifth largest in North America, as measured by market capitalisation. With a strong capital base and consistent financial performance, RBC is among a small group of highly rated global banks. The Operations Rotational Analyst Program is a two-year program that provides new analysts with the opportunity to rotate across Operations departments. Analysts play a critical role in supporting daily functions, managing projects, and mitigating key financial, operational, regulatory and reputational risks. Additionally, analysts are exposed to a multitude of businesses, clients, and internal RBC departments, while learning a wide array of technical Operations skills. The rotational program includes working in two or more of the following areas: Broker Dealer Operations, Securities Operations, Derivatives Operations, Commodities Operations, Expense Analytics & Control, Bank Operations, Regulatory Operations, and/or Risk & Control Management. In addition to rotating across these departments, analysts are provided the opportunity to manage a strategic project in partnership with the Operations Engineering (Change Management) department, gaining experience in program and project management as well as driving initiatives from strategy through execution.

Requirements

Current enrollment in a university undergraduate degree program
Must graduate prior to start of Analyst program
Academic excellence
Strong affinity for the financial services industry
Intuitive mindset and appetite for change
Ability to work in a fast-paced environment
Strong analytical and interpersonal skills
Ability to manage multiple competing priorities
No designations required

Responsibilities

Supporting functions across the trade lifecycle including trade allocation, trade affirmation, confirmation, clearing, settlement, securities lending and asset servicing functions
Researching and troubleshooting risks and issues by partnering with areas outside of Operations
Partnering with internal and external clients on trading and banking initiatives
Documenting and analyzing current state processes and assisting in the redesign of procedures, processes and controls
Participating in change initiatives to improve business process management capabilities
Analyzing the impact of regulatory and industry changes on the firm and identifying appropriate implementation activities
Analyzing key performance and risk indicators to provide management with a clear view into the overall health of Operations
Other such duties, responsibilities and authority as may be reasonably required.
Proactively identify operational risks/ control deficiencies in the business
Review and comply with Firm Policies applicable to your business activities
Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions promptly.