Job Description
What is the opportunity?
Within RBC Investor Services (IS), the Market Services (MS) unit is responsible for driving revenue and NIAT through winning client activities in the markets space specifically, Foreign Exchange, Cash Products and Securities Lending.
The mandate of this position is to support Market Services business management responsibilities by ensuring appropriate adherence with policies/frameworks, and oversee issues, risks, audit and compliance items.
This position is situated on the trading floor and requires varied hours with the opportunity to work with partners outside of the usual time zones.
The successful candidate will drive the effectiveness of the business or functional operating model by effectively partnering with functional resources including Finance, Risk, Legal, Strategy, Human Resources, Technology and Compliance.
What will you do?
Contributes to and oversees the Front Office Supervisory Program with a focus on regulatory supervision requirements, Regulatory Reporting, Client Documentation and Operational Risk programs globally.Investigate and validate external vendor & regulatory technical specifications - DTCC & Unavista Technical Spec.Owns daily operations for regulatory OTC derivatives trade reporting globally. This includes report submission, trade reconciliation, data mapping and validation while coordinating the remediation and resubmission of any trade exceptions within the allowable time frame and reports on all blocked/rejected trades, and trade exceptions.Acts as the point person for daily trade activity review and monitoring.Collaborate with senior IT and business analysts to understand requirements and system behavior.Participate in system testing, small enhancements, and data analysis. Work closely with IT and Front Office to automate and reduce inefficiencies related to Supervisory reviews and Risk Reports while acting as the point of contact for Operational Events impacting the MS business.Manage supplier invoices, payments, profiles such as contract renewals, agreements and MIS.Acts as issue owner / coordinator, arising from internal audits / compliance reviews, regulator audits and those self-identified.Manage audit and regulatory items, operational risk controls and assessments, KYC, supplier risk management, and ensure compliance with risk appetite and regulatory requirements.Create and organize materials for multiple committees, such as the Supervisory and Oversight, Best Execution, FX execution committee.Support the assessment and development of Operational Risks and Controls.What do you need to succeed?
Must-have
Undergraduate degree in business/ finance or other relevant degree. MBA, CFA or post-graduate in a quantitative subject are nice to have.At least 2-5 years’ experience in compliance and regulatory reporting roles.Knowledge of OTC FX derivatives products and reporting obligations (MIFID, OSC, MAS) is nice to have. Highly proficient with excel and technical systems, with exceptional business analysis, sound market and technical knowledge a requirement, specifically of financial services and asset management industry.Sound knowledge in Excel (VBA) modeling or data visualization tools (e.g., Power BI, Tableau) is a plus.Strong relationship management and communication skill and collaborative mindset with a proven ability to independently manage multiple, high visibility initiatives.Ability to own and seek better methods that include challenging the status quo for overall better outcomes while at the same time managing the applicable risks.Excellent written and oral communication skills with aptitude for problem solving.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.
Excellent exposure to communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriateWorking with an exciting, close-knit, supportive & dynamic groupOpportunity to collaborate with other business segments within the bankExcellent career development and progression opportunitiesA comprehensive Total Rewards Program including bonuses and flexible benefitsCompetitive compensationJob Skills
Audits Compliance, Critical Thinking, Data Gathering Analysis, Decision Making, Industry Knowledge, Internal Controls, Interpersonal Relationship Management, Product Services, Risk Management, Strategic ThinkingAdditional Job Details
Address:
ROYAL BANK PLAZA, 200 BAY ST:TORONTOCity:
TorontoCountry:
CanadaWork hours/week:
37.5Employment Type:
Full timePlatform:
WEALTH MANAGEMENTJob Type:
RegularPay Type:
SalariedPosted Date:
2025-09-11Application Deadline:
2025-09-25Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
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 jobs.rbc.com.