Job Description

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you\xe2\x80\x99re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title Senior Business Analyst



What is the opportunity?

You will operate within the Portfolio & Change Management (PCM) group and will function primarily as a Business Analyst (BA) and/or Project Manager (PM) on various initiatives across the Business & Client Services (BCS) department where various project drivers include: Business or Process improvements, technology enhancement or system implementations, operational risk reduction, quality improvement, regulatory soundness, cost reduction, etc.

You will work directly with relevant participants to define project parameters, success criteria, solutions, and timelines while deploying best practices in process analysis, requirements documentation, project planning, testing, and stakeholder communication

What will you do?

• Lead and participate in projects of various sizes and scopes being BCS\xe2\x80\x99s primary project contact, while providing business analysis expertise to enable successful execution
• Research, formulate, propose and implement strategic solutions with a focus on identifying process improvement/reengineering opportunities through streamlining, simplification, elimination of redundancies/overlaps, improved capacity utilization, automation, outsourcing, standardization, etc.
• Ensure the effective execution of analysis by team to deliver productivity/improvements positively impacting the bottom line and client satisfaction. Get involved where required.
• Provide direct support and guidance to Junior Business Analysts and provide assistance to management as required.
• Liaise with Operations, Technology, Business and other key teams to define and review requirements
• Provide Capital Markets Operations subject matter expertise as available
• Document UAT (User Acceptance Testing) strategies, including creation of test cases where required
• Work efficiently with a view to high-quality work product and quick-to-market solutions.
• Support system testing and creation of user documentation.
• Build strong, long-term relationships throughout the RBC organization.
• Constantly seek to improve own capacity, skills and expertise.
• Provide concise and effective updates to the Associate Director and Director, Portfolio Change Management, as well as to the Project Manager where applicable

What you need to succeed?

• Minimum Bachelor\xe2\x80\x99s degree or equivalent relevant experience in Finance, Engineering, Science or Math desirable
• 4+ years of experience as a Business Analyst in Financial institutions especially within the scope of Capital Markets products and services.
• Good working knowledge of Capital Markets operational functions and processes.
• Detailed understanding of the fundamentals of Capital Markets trading and the transaction lifecycle
• Detailed understanding of RBC Capital Markets organizational structure (front office sales and trading, middle office, product control, BCS, regulatory/compliance, etc.)
• Detailed understanding of Fixed Income Derivatives products and their associated supporting systems (Murex, Infinity, MarkitWire, Bloomberg, TradeWeb, etc.)
• Familiarity with regional differences in operational processing within RBC Capital Markets.
• Ability to prioritize, plan and execute work to meet tight deadlines
• Strong analytical skills - Ability to identify issues and suggest solutions
• Detail oriented
• Capable of building strong relationships with clients and stakeholders across the enterprise

Nice-to-have

• Strong knowledge of supporting systems used within Operations

What\xe2\x80\x99s 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
• 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

Job Summary

Address: TORONTO, Ontario, Canada

City: CAN-NS-BEDFORD, CAN-ON-TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: Capital Markets

Job Type: Regular

Pay Type: Salaried

Posted Date: 2023-07-12

Application Deadline: 2023-09-02

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers.

Royal Bank of Canada