Job Summary
Job Description
Application Deadline: December 9, 2024
What is the opportunity?
In this role The Foreign Exchange Analyst will monitor currency trends, analyze rate fluctuations, perform daily updating of rates from Bloomberg and Internal rate setting models into core banking systems, and lead the development and maintenance of bots in the automation of processes. The individual will also have responsibility to compile insights on the portfolio and FX performance from various sources (including RATs, Treasury, Finance, Product Analytics and external data). In this role you will also support projects and initiatives to enhance the FX product profitability and efficiency of processes through collaboration with various partners as well as review of FX risk and compliance controls collaborating with traders and the treasury team.
What will you do?
- Daily update of foreign exchange rates into core banking systems and verification of rates for accuracy
- Continuous review processes and identify opportunities to automate and improve efficiencies using tools such as excel macros and BOTs etc.
- Design and update financial reports to present information in the most useful manner for different analytical needs and audiences
- Perform data analysis, monitoring and reporting on product performance KPIs, client data, profitability, currency trends and rates
- Support activities to ensure reconciliation of reporting across various teams such as GRM, P&T, Finance etc.
- Support review of FX risk and compliance controls through monitoring and execution of any action plans from IAS Audit, Regulatory and / or management findings related to risk and operational deficiencies.
- Support projects, initiatives and campaigns aimed at increasing profitability, efficiency, competitiveness and mitigate product risk through collaboration with key stakeholders
- Collaborate with other product managers to analyze data and support initiatives as required where the FX product is embedded, including but not limited to cards and deposits.
What do you need to succeed?
Must-have
- Undergraduate degree in Business Management, Economics or Accounting or equivalent education/training
- Ability to understand the bigger picture and build steps to solve complex problems
- Business Communication skills to effectively share ideas and capture the attention of your audience through different tools and tactics
- Ability to tackle complex business problems through strategy development, challenge processes and enhance business performance
- Enhanced business and financial knowledge in order to make better decisions.
- Work well with others to achieve mutual goals.
Nice to Have
- Post graduate degree in Business will be an asset or similar designation or equivalent combination of education and experience.
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.
- Ability to make a difference and lasting impact
- The advantage of working with a dynamic, collaborative, and high performing team where initiative and hard work are recognized and rewarded
- Close interaction and support to business partners
Job Skills
Business Case Design, Communication, Critical Thinking, Effectiveness Measurement, Financial Regulation, Interpersonal Relationship Management, Product Development Lifecycle, Product Development Methodology, Product Services, Results-Oriented, Waterfall Project Management
Additional Job Details
Address:
7-9 SAINT CLAIR AVENUE, 8:PORT OF SPAIN
City:
Port of Spain
Country:
Trinidad and Tobago
Work hours/week:
37.5
Employment Type:
Full time
Platform:
PERSONAL & COMMERCIAL BANKING
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2024-12-02
Application Deadline:
2024-12-10
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
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.
