What is the Opportunity?

The Global Equities Trading Operations team is a dynamic, high performing middle office trade support group that provides critical operational client service to our institutional clients in partnership with the Global Equities front office. The unit is comprised of a diverse group of trade support personnel, across two teams, with extensive backgrounds in operations across U.S. and International Equities. We have an opportunity within this team that we are seeking to fill with an energetic individual with excellent communication skills and a desire help our team to support our clients and front office business partners in pursuit of their goals.

What will you do?

• First line of contact for client operational staff for all types of middle and back office related issues and inquiries.

• Establish and maintain solid relationships with client operations teams and with RBC front office sales and trading teams.

• Allocate institutional client orders.  Utilize CTM and FIX allocation processing.

• Process post trade date corrections and cancel / re-bills.

• Work through the daily fail report and unmatched trades report.  Work with client operations personnel to resolve failing trades and unmatched trades.

• Work with back office to actively monitor settlement exceptions, ensuring timely settlement.

• Work with P&S and trading as a liaison for street-side clearing.

• Reconcile and balance average price and trading inventory accounts.

• Coordinate Reg. SHO buy-in process and communicate with RBC buy-in dept. and clients. 

• Coordinate with new accounts group to open and maintain Institutional client sub-accounts.

• Monitor and action Corporate Buyback business.

• Allocate, instruct and actively monitor all Latin America executions.

• Special Project based work as needed.

What do you need to succeed?

• BA/BS or equivalent.

• Working knowledge of equities middle office and back office processes.

• Basic knowledge of Middle Office allocation and confirmation systems.

• Knowledge of Broadridge back office platform is a plus

• Knowledge of DTCC ITP product line (CTM, ALERT, TradeSuite) is a plus.

• Strong interpersonal skills with the ability to deal effectively with others in a pleasant and professional manner.

• Proven analytical and problem-solving skills.

• Excellent communication skills.

• A high level of organizational skills with a strong attention to detail.

• Ability to act in a time sensitive manner with a strong sense of urgency.

• Ability to work independently as well as in a team environment.

• Ability to liaise with other areas of the Bank and develop strong inter-departmental relationships

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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.

• Leaders who support your development through coaching and managing opportunities.

• Ability to make a difference and lasting impact.

• Work in a dynamic, collaborative, progressive, and high-performing team.

• Opportunities to do challenging work.

• Opportunities to build close relationships with clients.

The good-faith expected salary range for the above position is $75,000 - $105,000 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.

You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

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

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.