What is the opportunity?
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.
Job Description
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
- Perform business analysis and testing in relation to onboarding of new invoices or enhancements to processing of existing invoices
- 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
- Become a subject matter expert on current and emerging technologies that drive value for the team
Risk, Control & Development
Focus on control and risk, providing accurate MI to senior management around aged invoicesSupport control functions by monitoring vendor SLAs, managing exceptions, and performing quality assurance for the Cost Analyst team and SmartStreamEnsure completeness and accuracy of journal entries and monthly accrualsSupport process improvement and automation initiatives, ensuring risk and control are integrated throughoutDevelop cross‑functional expertise within the team to maintain service continuityOperations & Delivery
Oversee monthly production reporting runs ensuring reports are created and delivered on scheduleManage all incoming change requests, prioritize development activities and coordinate weekly release cyclesPerform GL reconciliations in PEGA and ensure that all trade‑execution fees received are processed within monthly timelinesAnalyze international recharges and provide commentary to appropriate Business Support contactsPrepare reports for and respond to inquiries from various parties including the trading business, product control, financial controlWhat you need to succeed?
Must‑have
Bachelor's degree in accounting or finance, or 2‑3 years of experience in Capital Markets, Securities Trading, Brokerage, or similar environmentExperience with financial control frameworks and processesKnowledge of global providers of 3rd party trade execution services including Brokers, Exchanges, Clearing and Settlement Agents, Securities Depositories, Custodians, and RegulatorsUnderstanding 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 EPMHighly organized with an attention to detail and an ability to analyze informationAbility to communicate complex information clearly to trading business and senior managementComfortable with adhering to deliverables in a fast‑paced, dynamic environmentIntermediate to advanced level knowledge of ExcelNice‑to‑have
CPA or CFA designationExperience working in Revport and TableauIntermediate to advanced level knowledge of VBA and SQLWhat’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 compensationLeaders who support your development through coaching and managing opportunitiesWork in a dynamic, collaborative, progressive, and high‑performing teamOpportunities to do challenging workFlexible work / life balance optionsJob Skills
Agile Methodology, Business Data Analysis, Business Process Modeling, Commercial Acumen, Communication, Critical Thinking, Decision Making, Group Problem Solving, Interpersonal Relationship Management, Requirements Analysis
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
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 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.
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