Allocation analyst Jobs in Toronto, ON

Job Description

What is the opportunity?

The incumbent is responsible to accurately authorize rates daily into the trading system for rate fixing and settlement purposes, and to confirm rates related to Derivatives transactions supported by FIDO - Interest Rate Swaps, Options and FRA trades, and Structured deals. Develop and maintain a good understanding of 2006 ISDA Definitions, terms and definitions, as they relate to transactions supported by the Fixed Income Derivative Operations Team.

What will you do?

• Perform functions for daily Rate Resets activity, accurately and on a timely basis for rate fixing and settlement purposes. Verbal / or email confirm trades that are rate set in arrears with counterparties for proper settlement.
• Have sound and good knowledge and understanding of all rate indices, their conventions, their published times and rate sources which are used by FID. This ensures efficient and accurate resolution to discrepancies with counterparties.
• Reasonably ensure all required rate pages for rate calc input are all updated on respective Reuters’ Market data sheets, taking into account their published time to minimize error in obtaining rates too early.
• Ensure that items in the Toronto Workflow "Rate Reset Repair" basket are reviewed and sent to the "Supervisor Rate Reset Review" basket daily for approval
• Assist external counterparties or internal Operations Personnel with rate investigations and/or discrepancies where applicable.
• Liaise with Marketers, Traders, Documentation Officers' and Analysts to ensure that proper trade details are maintained for rate reset purpose as agreed with clients.
• Developing appropriate project management procedures and tools for all major activities; assisting members of the organization in the use of project management methods and tools.
• Determining needs and suggesting solutions for administrative improvements in procedures, processes or systems to support other functions.
• Identifying needs and suggesting solutions for customization or alterations of technical tools to support unusual or new business requirements.

What do you need to succeed?

Must Have’s

• Minimum 1 year experience within Operations with exposure to Credit and Fixed Rate Derivatives.
• Excel/VBA literate
• Post-Secondary or equivalent

Nice to Have’s

• Good working knowledge of Fixed Income Derivatives trades and processing procedures.
• Ability to manage stress and work accurately in a demanding environment.
• Good working knowledge of various Systems: Infinity, Workflow, Murex
• Good working knowledge of various PC applications: Microsoft, Word
• Good interpersonal/communication skills in dealing with other officers & traders.
• Ability to grasp new concepts quickly
• Good knowledge of Structured, Credit and Fixed Income Derivative products market standards and best practice including settlements
• A sound knowledge of Infinity, Murex, RIMMS. IRIS, Workflow
• Adhere to RBC's Standing Orders

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.
• Flexible work/life balance options.
• Opportunities to do challenging work.
• Opportunities to take on progressively greater accountabilities.
• Access to a variety of job opportunities across business.

Job Skills

Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process Improvements

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:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-07-31

Application Deadline:

2026-08-14

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.

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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.