Job Summary
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 and trading desk support 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. the operational environment.
Job Description
What will you do?
- First line of contact for client operational staff for all middle and back office related issues and inquiries.
- Establish and maintain solid relationships with client's operations area and their custodians and prime brokers.
- 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 back office 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.
What do you need to succeed?
- Strong interpersonal skills with the ability to deal effectively with others in a pleasant and professional manner.
- Proven analytical and problem-solving 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
Job Qualifications:
- 3 + years relevant middle office or back office experience.
- Knowledge of Fidessa Middle Office applications
- Knowledge of Broadridge back office platform
- Knowledge of Omgeo product line
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, commissions, and stock where applicable
- 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 building 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.
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
Communication, Critical Thinking, Customer Service, Interpersonal Relationship Management, Operational Delivery, Process Improvements, Time Management
Additional Job Details
Address:
BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK
City:
New York
Country:
United States of America
Work hours/week:
40
Employment Type:
Full time
Platform:
Capital Markets
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2024-05-14
Application Deadline:
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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What We Do
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 88,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities.