What is the opportunity?

RBC Capital Markets is launching a prime brokerage business for equities, starting in North America. Clients need an accurate view of their positions throughout the trading day, and building that view takes people who understand both the business and the code. As Associate Director, you will be the hands-on builder in the stock record team, working alongside the team lead. You will learn how trades, loans and settlements flow through RBC Broadridge-based platforms, translate those needs into working software, and deliver the solution yourself. Your work will give the business reliable positions (and projections) and fewer settlement problems.

What will you do?

• Build and test the software that keeps client and firm positions accurate throughout the trading day
• Translate business needs from Operations, Trading, Financing and Risk into clear designs and working code
• Map how trades, loans, borrows and settlements move between systems, and identify where positions can drift or break
• Implement the connections between our Broadridge platforms and surrounding trading, financing, settlement and risk systems
• Establish automated checks and alerts that catch exceptions early, before they affect clients or settlement
• Resolve production issues by tracing them back to the underlying transactions and data
• Support the effort of shaping technical options, estimates and delivery plans, and coaching junior developers

What do you need to succeed?

Must-have

• Strong hands-on development experience in a large financial firm, with a track record of delivering production code
• Understanding of how equity trades, settlement, custody and securities lending affect a firm's positions
• Experience with books and position-keeping systems
• Strong database skills, with the ability to analyze large volumes of transaction data
• Degree in engineering, computer science, finance or a related field

Nice-to-have

• Experience in Capital Markets
• Experience with near-real-time processing and messaging between systems
• Familiarity with North American settlement and depository processes
• Experience working in an agile delivery team

The Expected Salary Range For The Above Position Is $135,000 - $225,000 Depending On Factors Including But Not Limited To The Candidate’s Experience, Skills, Registration Status; Market Conditions; And Business Needs.  This Salary Range Does Not Include Other Elements Of Total Compensation, Including A Discretionary Bonus And Benefits Such As A 401(K) Program With Company-Matching Contributions; Health, Dental, Vision, Life And Disability Insurance; And Paid Time-Off Plan.
Rbc’s Compensation Philosophy And Principles Recognize The Importance Of A Highly Qualified Global Workforce And Plays A Critical Role In Attracting, Engaging And Retaining Talent That:
·       Drives Rbc’s High Performance Culture
·       Enables Collective Achievement Of Our Strategic Goals
·       Generates Sustainable Shareholder Returns And Above Market Shareholder Value
 

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.