Senior Analyst, Derivatives Confirmations, CA

Royal Bank of Canada • Toronto, ON

3d • Onsite

About The Position

The Derivatives Confirmations Group under RBC Capital Markets is looking to hire a Senior Analyst, Derivatives Confirmations, CA. The incumbent will provide in-depth product support and transaction confirmation for FX, FX Options and/or Commodities. In addition to operational support, the incumbent will also liaise with trading, sales and other departments throughout the trade lifecycle.

Requirements

• High degree of accuracy, attention to detail, ability to learn quickly.
• Works effectively, collaboratively, and reliably in a fast-paced environment.
• Strong organizational and interpersonal skills.
• Excellent communication skills; both verbal and written.
• Good understanding of Capital Markets’ operational functions, processes, and organizational structure.
• Relevant industry experience with a focus on Foreign Exchange, Foreign Exchange Options and/or Commodities.
• Naturally analytical and inquisitive with the ability to think critically while identifying issues and suggesting solutions.

Nice To Haves

• Experience/working knowledge of Derivatives products, ISDA terminology and regulatory frameworks (ESMA, CFTC, CSA)
• Strong understanding of risk concepts and risk management practices.
• Working knowledge of various systems: Murex, Openlink, RIMMS

Responsibilities

• Draft confirmations in accordance with the Standing Order Policy and firm standards.
• Work closely with Front Office to prepare documentation for bespoke trade structures, ensuring precision in economic terms and legal provisions.
• Compare RBC-prepared confirmations with client documents to identify discrepancies.
• Investigate and resolve trade discrepancies. Escalate unresolved cases to Front Office.
• Perform daily/weekly reconciliations and reports.
• Manage regulatory reporting obligation to maintain adherence to requirements.
• Adhere to maker/checker protocols for static data entry/updates, verifying accuracy across.
• Monitor and reduce outstanding confirmations and settlement failures through proactive follow-ups and process improvements.
• Analyze aged confirmation reports to identify trends and implement corrective actions.
• Contribute to testing and establishing operational procedures for new product launches.
• Maintain and update templates in alignment with market and regulatory changes.
• Ensure strict adherence to KYC policies for new and existing client setups.
• Continuously update product and operational procedures to reflect evolving business needs and regulatory landscapes.
• Oversight of day-to-day operations, mentor team members, and ensure accurate, timely delivery of confirmations while upholding compliance and process efficiency.

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: Senior
• Education Level: No Education Listed