Analyst, US Securities Settlements

RBC • Bedford, NS

1d • Onsite

About The Position

As a Settlement Analyst, you will settle or process all transactions assigned on a daily basis in a timely and accurate manner. This role requires processing the settlements of securities and handling all trade exceptions on a timely basis. The analyst will need a good knowledge of the products and systems required to accomplish daily responsibilities, and a high level of knowledge of Securities Settlements and its various functions. The ability to reconcile account differences and issues and articulate them to the proper channels is essential. Excellent communication skills are needed to work with coworkers and internal clients, providing a high level of customer service. The role involves dealing with high volumes of trades to ensure settlement, reducing risk and cost to the firm by escalating potential issues to management, and assisting management with ad hoc requirements. A team player who collaborates well with associates and management is desired, strictly adhering to all firm policies and procedures. Proficient skills in Windows-based products such as Outlook, Word, and Excel are necessary, as is the ability to multitask in a pressured environment. The analyst must remain up to date on a number of desks to be able to backfill throughout the year and interface with various business lines and branches along with counter-party operations teams to rectify any settlement discrepancies. The work schedule is a 7.5-hour day (37.5 hours per week) with a 1-hour break, and occasional overtime is required, within North American business hours (8 am - 5 pm EST).

Requirements

• Post-secondary education or equivalent
• Good understanding of settlement trade life cycle
• 0 – 1 year of relevant experience (preferably in a banking environment)
• Strong communication skills
• Good computer skills
• Ability to work independently and to solve problems using knowledge and experience
• Proficient skills in Windows based products such as Outlook, Word, Excel
• Ability to multi task in a pressured environment

Responsibilities

• Process the settlements of securities and handle all trade exceptions on a timely basis
• Possess good knowledge of the products and systems required to accomplish daily responsibilities
• Portray a high level of knowledge of Securities Settlements and its various functions
• Be able to reconcile account differences and issues and articulate to the proper channels what the issues are
• Provide a high level of customer service
• Deal with high volumes of trades to ensure settlement
• Reduce risk and cost to the firm by escalating all potential issues to management
• Assist management with any ad hoc requirements / tasks
• Be a team player who collaborates well with associates and management
• Strictly adhere to all firm policies and procedure
• Remain up to date on a number of desks so as to be able to back fill throughout the year
• Interface with various business lines and branches along with counter-party operations teams to rectify any settlement discrepancies

Benefits

• bonuses
• flexible benefits
• competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Opportunities to do challenging work
• Flexible work/life balance options

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree