What is the opportunity?

The role is part of North American Business and Client Services that supports pre and post trade deal processing for the RBC Capital Markets Money Markets trading business and its clients. The role ensures that trades are captured and that the confirmation and settlement functions are performed within regulatory guidelines and market best practice principles. The MM Settlements role is a first line of defense to trading businesses, ensures accurate books and records are maintained whilst providing a seamless client experience.

Job Description

The role is part of North American Business and Client Services that supports pre and post trade deal processing for the RBC Capital Markets Money Markets trading business and its clients. The role ensures that trades are captured and that the confirmation and settlement functions are performed within regulatory guidelines and market best practice principles. The MM Settlements role is a first line of defense to trading businesses, ensures accurate books and records are maintained whilst providing a seamless client experience.

What will you do?

- Responsible for confirmation and settlement of all MM trades
- Ensure all transactions are processed in accordance to the bank rule, Standing orders, circulars, laid-down procedures and local requirements
- Ensure all daily processing and settlement tasks for the team are completed in a timely and accurate manner, following established procedures and standing orders of RBC
- Ensure intra and EOD checks are conducted daily with any outstanding issues identified and actioned or escalated as appropriate
- Provide relief support and other duties as assigned on all functions performed across the teams
- Ensure effective channels of communication with both Front Office and internal Global BCS colleagues as well as other functions
- Ensure escalation of issues / risks to management




- Identify key areas for improvement and development to create operational efficiencies
- Prepare monthly attestation PEGA and ESOD
- Seek to mitigate and minimize risks

What do you need to succeed?

Must-have’s

- Basic working knowledge in SWIFT, Real Time Payment Systems, International Settlement Rules, Industry codes and best practices
- Basic understanding of operational risk, impacts and preventative control framework
- Minimum of 1-3 years in a financial services role
- Ability to perform analysis of business processes
- Ability to work on Statutory Holidays and shift hours

Nice-to-have’s

- Strong PC skills
- Flexible and adaptable to different work related situations
- Ability to work well under pressure and within timelines while demonstrating calm, logical approach to the situation

What’s in it for you?

Our Client thrive on the challenge to be their best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. Our Client care about each other, reaching their potential, making a difference to their communities, and achieving success that is mutual.

- A comprehensive Total Rewards Program including performance based bonuses, adaptable benefits, and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- A world-class training program in financial services
- A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded

Job Skills

Communication, Critical Thinking, Customer Service, Interpersonal Relationship Management, Operational Delivery, Process Improvements, Time Management

Additional Job Details

Address

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City

Toronto

Country

Canada

Work hours/week

37.5

Employment Type

Full time

Platform

CAPITAL MARKETS

Job Type

Regular

Pay Type

Salaried

Posted Date

Application Deadline

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📌 Senior Money Market Analyst (Toronto)
🏢 RBC
📍 Toronto