Derivative Valuation Analyst

RBC•Toronto, ON

1d•CA$55,000 - CA$90,000•Onsite

About The Position

The Derivative Valuation Analyst is responsible for the timely and accurate analysis, valuation, validation and reconciliation of Listed, OTC (Over the Counter) Bilateral and OTC Cleared Derivatives, as well as of alternative investment products, impacting key lines of business including fund services, pension reporting, insurance reporting, custody reporting and all value added services. Please note, this position may cover a late and/or rotating shift schedule.

Requirements

Undergraduate Degree in Finance, Math or Engineering
2+ years of solid experience with Derivatives in a middle or back office environment
Experience with OTC Derivatives valuation systems and Workflows
Strong understanding of Reuters, Bloomberg and other financial data providers
Strong PC skills (advanced proficiency in MS Excel, some knowledge of basic coding such as VBA)

Responsibilities

Perform the daily Routine tasks such as setup of Listed Derivatives and OTC Derivatives, in Valuation systems
Perform tasks for listed Derivatives pricing and analyzing price movements
OTC/alternative instruments valuation and measure impact of the daily changes in market data inputs to value of the instrument
Reconciliation against third party statements
Act as the main liaison with Investment Managers and the internal Trades processing team on new deals and supports the communication of deal price variances that exceed tolerances to the Investment Managers and obtain confirmation
Participate in research of appropriate valuation methodology for new complex OTC products traded by clients
Participate in the execution around key project deliverables and identify opportunities to stream line processes and increase productivity
Ensure compliance with all policies, procedures and standards for all aspects of the business as defined through Risk, Compliance, Operational reviews and audits
Cover early/late shifts to support the business within global operating model