Job Description What is the opportunity?To provide full ‘first line of defence’ trade support coverage to the Futures trading desks in multiple time zones and markets. The incumbent will work in the Futures Client Services Department and will be cross trained to assist in the Clearing Department as required. The incumbent will primarily support the Futures Client Services team to ensure efficient and accurate daily processing of all client margin/collateral settlements, position management and client inquiries. Client interaction is involved on a daily basis. The officer deals directly with the clients operations and trade teams in order to facilitate the daily processing of margin/collateral settlements, positions management and client inquiries.Process Management / Client ServicesDevelop an in-depth understanding of the margin and settlement requirements surrounding futures and options products along with the systems used to manage the settlement process (XTP, SOLA, TMS, SEALS, BTS, Fiserv, JEFE, SL)On a daily basis verify the accuracy of the processing of Futures trades, daily cash margin payments/receipts (wire transfers, ADP postings, collateral transfers)Facilitate the onboarding of new clients – working with sales, client implementation team, along with other operations and technology departmentsManage queries into giveins, giveups, ensure accuracy in payments processing/receipt of funds. Maintain responsibility for EGUS, DOCS and related processesSpearhead business requirement gathering and user acceptance testing for system upgrades and database conversions involving RISC, SEALs, and other core systems.Become proficient with exchange fees and rates. Specifically, ensure a full understanding of Montreal Exchange and CDCC fee and incentive programs.Perform UAT for Vendor or exchange software or hardware upgrades, development or technical process changes in coordination with the IT Team.Work with internal technology partners to optimize the capabilities of SEALS, XTP, to enable efficient straight through processing for clientsEnsure that daily, monthly and quarterly procedures, as detailed in the group’s PRIMA site and Standing Orders are strictly observed.Perform large position reporting (Montreal Exchange)
and maintain upkeep of OCR reporting modulesCross train with all members of the Client Services team to ensure proper coverage for absencesCross-train and be fully functional on various Futures Clearing functions, including trade validation, allocations, and reconciliationsOther ResponsibilitiesEnsure that daily and monthly procedures, as detailed in the group’s procedures and standing orders are strictly observed. Maintain and update operational procedures and PRIMA maps related to these functions on an ongoing basis.Proactively identify opportunities to further streamline processes. Recommend cost efficient and effective controls for Futures trade processing with the introduction of new processes, products and systems. Initiate and implement recommendations for automation.Perform system troubleshooting and develop technology tools (e.G., VBA macro) as required to support trade validation/reconciliation responsibilities seamlesslyWhat you need to succeed? Basic QualificationsUniversity or College graduateExcellent verbal and written communication skills, interpersonal skillsStrong emotional intelligence and time management skills that support effective collaboration in fast-paced, multi-stakeholder environmentsHigh degree of accuracy, attention to detail, robust organizational and analytical skills combined with ability to explain complex concepts clearly to non-technical stakeholdersExperience delivering results through effective teamwork and as an individual, including ability to support colleagues, share knowledge openly, and adapt working style to complement team dynamicsCollaborative problem-solving mindset with demonstrated ability to ask insightful questions, think critically about complex issues, and contribute meaningfully to group decision-making processesNatural curiosity and initiative in learning new processes, systems and technology through collaboration with subject matter experts and peer-to-peer knowledge sharingComfort building relationships and liaising confidently with all organizational levels, from operational peers to senior leadership,
fostering positive working relationships across functionsKnowledge of Futures/Options products, trading practices and trading terminologyAbove average knowledge of MS Excel (including pivot tables, VLOOKUP, formulas) as well as MS Office suiteExceptional candidates who demonstrate strong collaborative competencies, interpersonal effectiveness, and potential to be significant contributors will be considered even if they do not meet all technical criteria. We recognize that success indicators can be developed through diverse experiences including sport, volunteer work, volunteer leadership roles, or other activities that demonstrate resilience, teamwork, and growth mindset.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 compensationLeaders who support your development through coaching and managing opportunitiesWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workFlexible work/life balance optionsJob Skills Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process ImprovementsLocation 90 WESTERN PKY:BEDFORDBedford, CanadaWork hours/week: 37.5Employment Type: Full timePlatform: CAPITAL MARKETSJob Type: RegularPay Type: SalariedInclusion 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.#J-18808-Ljbffr
📌 Senior Analyst For Futures Trading (Lakeside)
🏢 RBC
📍 Lakeside