Derivative Reconciliation Analyst

Job Summary

Job Description

What is the opportunity?

Alternative Investment Services provides Derivative Services for all Investor Services Clients who participate in these products.  Services include the valuation of all OTC and Exchange Traded Derivative Products, Full Security Master Creation and Modeling, Term Loan administration, as well as Trade Processing, Margin, & Collateral management and other settlement activities.

As the Derivative Reconciliation Analyst in the Alternatives Investment team, you will be responsible for reviewing and analyzing the accounting of all transactions and assisting with the daily, monthly and annual administration of derivatives and term Loans, as well as highly complex portfolios that deal in hedge and mutual funds. You will also be responsible for helping out with the juniors on an ongoing basis. This role requires frequent collaboration with other internal operations and investment teams and external service providers (e.g., fund accounting, agents, and auditors).

What will you do?

• Oversee day-to-day processing
• Perform daily reconciliation of a variety of Derivatives products including Forwards, Futures,  Options, Swaps and Structured Products
• Escalate breaks to the appropriate parties as per procedure
• Assess Net Asset Value and Market Value calculations for Derivative products being reconciled
• Monitor and maintain group inbox for internal and external queries
• Verify terms and details of Derivatives products including Forwards, Futures, Options and Swaps
• Generate derivative reports for the Fund Accounting and Custody Reporting groups
• Participate in ad-hoc projects and initiatives as required

What do you need to succeed?

Must-have

Nice-to-have

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.

Job Skills

Active Learning, Communication, Critical Thinking, Customer Service, Operational Delivery, Process Improvements, Time Management

Additional Job Details

Address :

RBC CENTRE, 155 WELLINGTON ST W : TORONTO

City : TORONTO

Country : Canada

Work hours / week : 37.5

Employment Type : Full time

Platform : WEALTH MANAGEMENT

Job Type : Regular

Pay Type : Salaried

Posted Date : 2024-12-18

Application Deadline :

2024-12-30

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

I nclusion 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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