Operations Analyst

RBC • Toronto, ON

9d • Onsite

About The Position

This LLC Capital Markets Equity P&S role falls within the Global Operations division, focusing on supporting equity products across North America settling via NSCC contracts and DTCC. In this role, you will be completing a daily reconciliation of equity trades reported by various external counterparties and comparing trades run on our books of record. Both equity and step out trades are submitted and confirmed on multiple external platforms such as Obligation Warehouse in DTCC and Work X, Nasdaq’s primary clearing platform. You will be engaging both internal stakeholders such as trade desks and settlements as well as external counter parties to ensure resolution in a timely manner. Correcting entries to resolve all breaks, and reconciling ensuring we are in balance will be key parts to this desk.

Requirements

• University Degree (Bachelor) or equivalent.
• Strong, effective verbal and written communication skills with the ability to learn remotely when required.
• Self-starter, well-organized and able to work independently.
• Good interpersonal skills and the ability to work and coordinate effectively within a team environment.
• Ability to prioritize work, multi-task responsibilities and take initiative to anticipate delivery.
• 3+ years in a Capital Markets and/or reconciliation-based role
• Strong organizational and time management skills due to tight deadlines
• Problem Solving /Analytical Thinking.
• Diplomacy and tact to deal with staff and all levels of Internal and external clients.

Nice To Haves

• Knowledge of the equity product flow from execution to settlement including exchange traded and broker to broker trades
• Equity back office or trade support experience
• Broadridge related functions including but not limited to: Global Framework, Ascendis, MRGN, SINR, NEWB, TSIQ, MSDI.
• Ability to perform under pressure and meet time sensitive deadlines, sometimes for extended periods of time.
• Work extended hours as required due to work volumes or business operation timelines
• Commitment to tasks and attention to detail.

Responsibilities

• Perform the accurate and timely reconciliation of all daily equity trade activity.
• Identify, report, monitor and resolve trade exceptions between the counter party and RBC’s book of records and escalate issues to manager within a timely manner
• Ensure compliance with all department procedures and policies
• Identify and reconcile discrepancies reported by multiple RBC trade desks and those reported by external counterparties.
• Process client requests including but not limited to trade corrections, trade Input and Bookkeeping Journals.
• Monitor the daily P&S Overnight Edit Report on the Broadridge application PostEdge.
• Utilize Xceptor and Excel macros for reconciliation functions.
• Liaise with front end trade desks, settlements, counterparties, and other internal/external stakeholders.
• Cross train across desks within the team to broaden knowledge base

Benefits

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Flexible work/life balance options.
• Opportunities to do challenging work.
• Opportunities to take on progressively greater accountabilities.
• Access to a variety of job opportunities across business.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level