Sr. Analyst/Associate, Fixed Income and ETF Trade Support

Job Summary

Job Description

What is the Opportunity?

You will provide exceptional trade support coverage for Quantitative Strategies Group trading desks.

Your primary focus will be on day-to-day deliverables, developing solutions based upon subject expertise, and occasionally representing the department or function at a broader level. You will need to document procedures and process flows independently, perform user testing for process enhancements and be the go-to-person for day-to-day questions from other areas.

What will you do?

• Day-to-day focus is on resolution of complex problems or transactions, where expertise is required to interpret against policies, guidelines or processes.
• Assist in the research and resolution of various equity and fixed income corporate actions, including processing on behalf of the trading desk.
• Review and resolve all position, trade and cash reconciliation breaks across RBC’s systems.
• Roles at this level would usually have full ownership for one or more processes, reports, procedures or products, and may also be considered analytical or procedural "experts" representing a unit or team on cross-function process or project deliverables.
• Booking of Bond, Equity, ETF, Future, Swap and FX trades from trade desk instruction
• Booking of ETF Creation/Redemption transactions and cash components/fees
• Trade confirmations for multiple desks within QSG.
• Products covered include: ETF Creation/Redemptions, Treasuries, Corporates, Domestic/International Equities, Municipals, CLOs, ABS, MBS, CMO, FX, Futures, Swaps and Options.
• Monitor regulatory reporting exceptions thru surveillance and daily reports.
• Manage the onboarding process for trade desks counterparties.
• Liaise with multiple teams for to resolve settlement and trade matching exceptions.
• Test new products and flows as the trading system enhancements.

What do you need to succeed?

• Ability to flourish in a demanding trade floor environment
• Proactive behavior to trading desk needs
• To be self-driven and able to address complex situations across many systems
• Strong communication & interpersonal skills
• 1-3 years of professional experience
• Some programming experience would be preferred.

What’s in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• 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
• Opportunities to do challenging work
• Opportunities to building close relationships with clients

The good-faith expected salary range for the above position is $75,000- $105,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs.  This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC’s high performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

Job Skills

Active Learning, Adaptability, Customer Service, Customer Service Management, Decision Making, Detail-Oriented, Equities, Exchange Traded Funds (ETFs), Group Problem Solving, Operational Delivery, Process Flow, Process Management, Teamwork, Trade Confirmations, Trade Support, Trading Desks, Trading Systems

Additional Job Details

Address:

BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK

City:

New York

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

Capital Markets

Job Type:

Re