Associate, Electronic Trading Supervision

RBC•Toronto, ON

2d•CA$90,000 - CA$135,000•Onsite

About The Position

This role supports the Director of Electronic Trading Supervision in providing cross-asset governance and oversight of Global Markets electronic trading businesses to meet regulatory requirements and industry best practices. The position involves executing supervisory activities, assessing automated controls within electronic trade flows, identifying risks, and maintaining strong relationships with front-office, technology, and control functions across RBC.

Requirements

At least 3 years’ experience in a global markets business/setting, or equivalent experience in a management consultancy/advisory capacity
Familiarity with electronic trading activity, including risks and expected controls
Solid understanding of financial markets, with strong product knowledge of Macro and Spread
Experience completing process walkthroughs, and identifying, documenting and assessing controls
Experience handling, analyzing and using large datasets to achieve business outcomes
Experience creating management reporting
Solid understanding of financial markets and broad awareness of global regulatory frameworks
Understanding large and complex application development projects
Fluency with key risk areas such as operational, technology and regulatory risk
Comfortable working in a fast-paced environment
Ability to collaborate and manage projects in a complex matrixed organization
Excellent communication and interpersonal skills

Nice To Haves

Ability to work with ambiguity and navigate a highly regulated environment.
Experience leading complex global cross-business projects.
Project management certifications and strong knowledge of Agile delivery methodologies

Responsibilities

Execute supervisory activity as part of the Electronic Trading Supervisory programme, with a specific focus on Global Markets Macro and Spread businesses.
Ensure effective implementation, sustainability, and oversight of designated FO Supervisory and Risk Management controls within Global Markets, specifically relating to Electronic Market Access and regulatory requirements.
Work alongside front-office and technology teams to understand how electronic trade flows are controlled.
Inventory and assess the effectiveness of automated controls in those trade flows.
Identify risks, enhancement opportunities and make recommendations to strengthen controls.
Forge partnerships with control colleagues across RBC such as legal, compliance, risk, audit, regulators, and technology control functions.
Anticipate and proactively seek out future challenges to ensure future-proofing electronic trading activity.
Escalate, manage, and report control issues succinctly, with clarity and transparency.
Foster, develop and maintain strong working relationships with senior functional and business management in order to adequately support the business.
Create a proactive risk and control culture that leverages proven evaluation strategies and sound change management protocols.