US Settlements Analyst

RBC • Bedford, NS

1d • Hybrid

About The Position

As a Settlement Analyst, you will settle or process all transactions assigned on a daily basis in a timely and accurate manner. This role involves processing the settlements of securities and handling all trade exceptions. The analyst will need to possess good knowledge of the products and systems required to accomplish daily responsibilities, a high level of knowledge of Securities Settlements and its various functions, and the ability to reconcile account differences and issues, articulating them to the proper channels. Excellent communication skills are essential for working with coworkers and internal clients, providing a high level of customer service, and dealing with high volumes of trades to ensure settlement. The role also includes reducing risk and cost to the firm by escalating potential issues to management, assisting with ad hoc requirements, and being a team player. Adherence to all firm policies and procedures is strictly required. Proficient skills in Windows-based products like Outlook, Word, and Excel are necessary, as is the ability to multitask in a pressured environment. The analyst must remain up-to-date on a number of desks to provide backfill support throughout the year and interface with various business lines, branches, and counter-party operations teams to rectify settlement discrepancies. The work environment is hybrid, within North American business hours (8 am - 5 pm EST), requiring a 7.5-hour day (37.5 hours per week) with a 1-hour break, and occasional overtime.

Requirements

• Post-secondary education or equivalent
• Good understanding of settlement trade life cycle
• 2-5 years of relevant experience, preferably in a banking environment
• Strong communication skills
• Good computer skills
• Ability to work independently and to solve problems using knowledge and experience
• Proficient skills in Windows based products such as Outlook, Word, Excel
• Ability to multitask in a pressured environment

Nice To Haves

• Possess good knowledge of the products and systems required to accomplish daily responsibilities
• Portray a high level of knowledge of Securities Settlements and its various functions

Responsibilities

• Process the settlements of securities and handle all trade exceptions on a timely basis
• Reconcile account differences and issues and articulate to the proper channels what the issues are
• Provide a high level of customer service
• Deal with high volumes of trades to ensure settlement
• Reduce risk and cost to the firm by escalating all potential issues to management
• Assist management with any ad hoc requirements / tasks
• Be a team player who collaborates well with associates and management
• Strictly adhere to all firm policies and procedure
• Remain up to date on a number of desks so as to be able to back fill throughout the year
• Interface with various business lines and branches along with counter-party operations teams to rectify any settlement discrepancies

Benefits

• A comprehensive Total Rewards Program including bonuses and flexible benefits
• Competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Flexible work/life balance options

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree