Derivative Regulatory Reporting Analyst - Jobs in Halifax, NS

Job Description

Come Work with Us!At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.Job TitleDerivative Regulatory Reporting AnalystJob DescriptionWhat is the opportunityThe CM Canadian Regulatory Services group is responsible for ensuring the ever changing regulatory reporting requirements imposed by various global Regulators for OTC Derivatives are successfully implemented and executed. This role is responsible for ensuring compliance with the trade reporting regulations including but not limited to Dodd Frank, EMIR, CSA, ASIC, MAS and Hong Kong Trade Reporting for Rates Derivatives trading. The role will involve daily reconciliations and exception monitoring, investigation, issue management and MI reporting.What will you do

• Perform daily and weekly trade reporting reconciliations
• Perform investigations and determine root causes leading to regulatory rejections
• Perform daily Global Trade Repository warning report review, daily exception monitoring and issue management
• Counterparty reconciliations to Global Trade Repository
• Monthly MI reporting and daily Valuation health checks
• To ensure all daily tasks / controls are completed in line with the departmental PRIMA maps and procedures
• To continue to develop product / market knowledge to ensure daily processes are appropriate to reduce operational risks
• To investigate any processing issues and recommend a course of action to the Team Manager. Once approved, assist in the execution of the proposed change
• To support colleagues during busy periods by sharing workloads as applicable
• To adhere to mandatory training requirements in TalentLink and take a proactive approach to suggesting appropriate additional training as required for the role
• Liaise with Front Office, Business and Client Services, Compliance, IT, Trading Documentation Team, and Client Data Management to resolve any client issues
• Escalate trade reporting issues to Senior Management and Compliance as deemed necessary
• Achieve and maintain highest levels of customer Service
• Analyze current state processes to provide suggestions for process re-engineering and technology implementation to improve efficiency and controls
• Effectively communicate and build rapport with team members, stakeholders and business partners using a variety of techniques and collaboration from initiation to close

What do you need to succeedMust-have

• 1+ years of operational experience in a fast pace, high risk and demanding operational environment
• Bachelor’s degree specializing in Business, Finance, Math or Engineering
• Solid understanding of procedures and operational controls as they relate to systems and work flows
• Detailed understanding of the fundamentals of Capital Markets trading and the transaction lifecycle
• Working knowledge of OTC Derivative products (Rates derivatives preferred)
• Knowledge of Dodd Frank title VII, EMIR, CSA and other global derivatives reform regimes
• Excellent communication skills – both verbal and written, including presentation skills
• Able to manage multiple priorities, work under pressure, learn quickly, and perform new tasks accurately, effectively, and efficiently
• Familiarity with front, middle and back office applications (Murex, Openlink, Bloomberg, MarkitWire, Murex, DTCC etc.)
• Skillful in Microsoft Office Suite (Outlook, Excel, Access, PowerPoint, Word, Visio, etc.)

Nice-to-have

• Detailed understanding of RBC Capital Markets organizational structure (front office sales and trading, middle office, product control, back office operations, regulatory/compliance, etc.)
• Proficiency in VBA (Visual Basic for Applications) an asset

What’s in it for youWe 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
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Flexible work/life balance options

Job SummaryAddress:HALIFAX, Nova Scotia, CanadaCity:CAN-NS-BEDFORDCountry:CanadaWork hours/week:37.5Employment Type:Full timePlatform:Capital MarketsJob Type:RegularPay Type:SalariedPosted Date:2022-09-07-07:00Application Deadline:2022-09-22-07:00Inclusion and Equal Opportunity EmploymentAt 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.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers.Quick Apply

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