What is the Opportunity?

• Provide exceptional trade support coverage for Quantitative Strategies Group trading desks
• Primary focus of role is on day-to-day deliverables, developing solutions based upon subject expertise, and occasionally representing the department or function at a broader level. This person is able to document procedures and process flows independently, perform user testing for process enhancements and is seen as a go-to-person for 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.
• 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 QSG desk instruction
• Booking of ETF Creation/Redemption transactions and cash components/fees
• Trade confirmations for Central Funding ETF, LLC ETF, and Fixed Income desks within QSG.
• Products covered include: ETF Creation/Redemptions, Treasuries, Corporates, Domestic/International Equities, Municipals, CLOs, ABS, MBS, CMO, FX, Futures, Swaps and Options.

What do you need to succeed?

• Assist in the research and resolution of various equity and FI corporate actions, including processing on behalf of the trading desk.
• Review and resolve all position, trade and cash reconciliation breaks (GTS, Sophis, TOMS, ICI, ADP).
• Monitor ACT / TRACE reporting exceptions thru surveillance and daily reports.
• Liaise with P&S / Settlement teams for Fed, DTC, and Euroclear securities to resolve settlement and RTTM exceptions.
• Manage the onboarding process for Bahamas Branch / CMA / LLC counterparties.
• Test new products and flows as the trading system enhancements.
• Manage monthly TBA pool deliveries in TOMS
• 2-5 years of professional experience

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

Additional Job Details