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 Derivative Analyst



What is the opportunity?

As a Senior Analyst in the Alternative Investments team, you will be responsible for reviewing and analyzing the accounting of all transactions and assisting with the daily, monthly and annual administration of derivatives, as well as highly complex portfolios that deal in hedge and mutual funds. You will have familiarity with private equities, private debt, real estate and infrastructure will be an asset. You will also be responsible for supporting your colleagues with new initiatives and project management. In this role, you will collaborate with other internal operations, client investment teams and external service providers.

What will you do?

• Performs day to day processing, analysis, and reconciliation of Alternative products, including a variety of Derivatives products
• Calculate mark to market (MTM) for all open positions and posting to respective reporting platforms
• Ensure accurate and timely delivery of Reporting, and to ensure accuracy and appropriateness of accounting for performance and exposure analysis
• Performs Accounting functions including updating the general ledger, analysis of profit and loss (P&L) and regulatory break clearance
• Answer all client inquiries as deemed experts in the field, providing guidance to internal and external parties in understanding AIS trade and reporting workflows, products and services offered
• Accountable for ongoing client satisfaction as client service and sales support plays a fundamental role in our team
• Identify potential risks to the business unit\xe2\x80\x99s operations and monthly reporting deadlines; exploring and implementing new processes to improve controls, trade and reporting efficiencies
• Perform ad hoc requests when directed by the manager, to become a SME in internal process.

What do you need to succeed?

Must-have

• University degree in Business, Finance or Mathematics
• 2-3 years of experience in the financial industry managing financial and regulatory reporting for clients
• Previous derivative experience or advanced Excel skills are fundamental
• Time management under pressure
• Experience with automation and efficiency programs
• Exceptional written and verbal communication and presentation skills and ability to deal with stakeholders at all levels of the organization

Nice-to-have

• CFA, CAIA, CPA
• Industry related courses/designations

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.

• Excellent exposure to communicate with various business partners and stakeholders in Investor & Treasury Services and within other platforms as appropriate
• Working with an exciting, close-knit, supportive & dynamic group
• Opportunity to collaborate with other business segments within the bank
• Excellent career development and progression opportunities
• A comprehensive Total Rewards Program including bonuses and flexible benefits
• Competitive compensation

Job Summary

Address: TORONTO, Ontario, Canada

City: CAN-ON-TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: Wealth Management

Job Type: Regular

Pay Type: Salaried

Posted Date: 2023-04-03

Application Deadline: 2023-04-17

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