Analyst, Derivatives Confirmations
RBC
contract
Posted on:
Location Type: Office
Location: Toronto • Canada
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About the role
- Provide in-depth product support within the Derivatives Confirmations Group, covering FX, FX Options, and Commodities
- Draft and issue trade confirmations in accordance with Standing Order Policy
- Review RBC-prepared confirmations against counterparty documents to ensure alignment on economic terms and legal agreement provisions
- Investigate and resolve confirmation discrepancies, escalating unresolved issues to Front Office, Documentation, or Legal as required
- Perform reconciliations to ensure data accuracy and completeness
- Review and action regulatory reporting obligations to maintain compliance with regulatory bodies including CFTC and ESMA
- Apply maker-checker controls for static data setup and updates, including verification of changes made by team members or other departments
- Monitor and follow up on aged confirmation reports to reduce outstanding confirmations
- Participate in testing, analysis, and implementation of operational procedures for new products
- Maintain and update confirmation templates and index templates used in automated confirmation generation
- Adhere to firm-wide KYC policies for new and existing client setup
- Maintain up-to-date product knowledge and operational procedures
Requirements
- Strong proficiency in Microsoft Office
- Advanced Excel skills including pivot tables, VLOOKUPs, and formulas
- University degree in Finance, Economics or a related field
- 3 - 5 years of prior relevant experience
- Good knowledge of foreign exchange and commodity derivative transactions
- Good knowledge of ISDA documentation definitions
- Good understanding of derivatives products in general, standard market practices, and trading terminology
- Exceptional communication skills - both written and verbal
- Detail-oriented, strong time management and organization skills
- Analytical abilities and able to be pro-active to foresee potential problems
- An ability to identify collaboration opportunities with our internal partners and a team player
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
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
Microsoft OfficeExcelpivot tablesVLOOKUPformulastrade confirmationsreconciliationsregulatory reportingKYC policiesderivatives products
Soft skills
communication skillsdetail-orientedtime managementorganization skillsanalytical abilitiesproactivecollaborationteam player
Certifications
University degree in FinanceUniversity degree in Economics