Trade Documentation Associate
Royal Bank of Canada•New York, NY
•Onsite
About The Position
Negotiates various types of trading documentation related to global capital markets trading platforms. Ensures that all agreements adhere to RBC Standing Orders and that appropriate approvals have been obtained for all deviations from RBC policy.
Requirements
- Demonstrated knowledge of industry-standard master agreements (ISDA & SIFMA, etc.) and various counterparty types (asset managers, corporates, hedge funds, etc.).
- Understanding of risk issues.
- Strong oral and written communication skills.
- Ability to handle significant and diverse workload.
- Partnership mentality with respect to rest of RBC enterprise including other functions.
- Adaptable and committed to continuous learning.
- Proactive in improving Trading Documentation policies and procedures.
Nice To Haves
- Legal qualifications/experience advantageous but not essential.
Responsibilities
- Negotiates various industry-standard ISDA and SIFMA, and with the Law Group non-standard, master agreements.
- Negotiates and reviews regulation-driven documentation, particularly ISDA Variation Margin and Initial Margin agreements.
- Ensures compliance with RBC Standing Orders for all trading documentation.
- Updates Trading Documentation systems to reflect status of negotiations and to capture information from completed agreements.
- Ensures appropriate internal systems are updated accordingly.
Benefits
- bonuses
- flexible benefits
- competitive compensation
- commissions
- stock where applicable
- Development opportunities through coaching and leadership support.
- 401(k) program with company-matching contributions
- health, dental, vision, life and disability insurance
- paid time-off plan
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
Upload and Match Resume
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
