21 Oct
|
Royal Bank of Canada
|
Bedford
21 Oct
Royal Bank of Canada
Bedford
What is the prospect?
As a key member of the RBC Capital Markets COO Office Trade Expense Management team, you will be responsible for analyzing, processing, and reporting on trade execution fees and other related expenses to improve cost transparency and identify savings opportunities.
Additionally, you will support the Cost Analyst team in expanding its cost savings base through process optimization and strengthening controls while contributing to budgeting and new business evaluation processes.
What will you do?
Stakeholder Engagement & Strategy
- Engage with key stakeholders of all various levels to conceptualize and develop Management Information (MI) intended for decision-making, analysis, and cost control
- Partner with the Cost Analyst team to review and document existing processes, develop new processes, and recommend enhancements for process efficiencies
- Contribute to business initiatives through data modelling and analysis
Risk, Control & Development
- Focus on control and risk, providing accurate MI to senior management around aged invoices
- Support control functions by monitoring vendor SLAs, managing exceptions, and performing quality assurance for the Cost Analyst team and SmartStream
- Ensure completeness and accuracy of journal entries and monthly accruals
- Support process improvement and automation initiatives, ensuring risk and control are integrated throughout
- Develop cross-functional expertise within the team to maintain service continuity
Operations & Delivery
- Oversee monthly production reporting runs ensuring reports are created and delivered on schedule
- Manage all incoming change requests, prioritize development activities and coordinate weekly release cycles
- Perform GL reconciliations in PEGA and ensure that all trade-execution fees received are processed within monthly timelines
- Analyze international recharges and provide commentary to appropriate Business Support contacts
What you need to succeed?
Must-have
- Bachelor's degree in accounting or finance, or 3-5 years of experience in Capital Markets, Securities Trading, Brokerage, or similar setting
- Experience with financial control frameworks and processes
- Knowledge of global providers of 3rd party trade execution services including Brokers, Exchanges, Clearing and Settlement Agents, Securities Depositories, Custodians, and Regulators
- Understanding of RBC Capital Markets organizational structure (including front office sales and trading, middle office, product control, back-office operations, regulatory/compliance, etc.)
- Familiarity with RBC Capital Markets products and their associated supporting systems in use within the organization (Fixed Income, Money Markets, Equities, Derivatives, etc.)
- Understanding of RBC Capital Markets accounting procedures and systems including Broadridge, RIMMS, GLOSS, and EPM
- Highly organized with an attention to detail and an ability to analyze information
- Ability to communicate complex information clearly to trading business and senior management
- Comfortable with adhering to deliverables in a fast-paced, dynamic environment
- Intermediate to advanced level knowledge of Excel
Nice-to-have
- CPA or CFA designation
- Experience working in Revport and Tableau
- Intermediate to advanced level knowledge of VBA and SQL
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
- 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
LI-KA2
Job Skills
Customer Service, Customer Service Management, Decision Making, Interpersonal Relationship Management, Investment Performance Measurement, Operational Delivery, Process Improvements, Risk Management, Time Management, Treasury Management
Additional Job Details
Address : 90 WESTERN PKY:BEDFORD
City : Bedford
Country : Canada
Work hours/week : 37.5
Employment Type : Full time
Platform : CAPITAL MARKETS
Job Type : Regular
Pay Type : Salaried
Posted Date : 2026-01-12
Application Deadline : 2026-01-26
I nclusion 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 Pu
📌 Reporting and Process Support Analyst (Bedford)
🏢 Royal Bank of Canada
📍 Bedford