Stock Loan Operations Analyst

3 days ago


Halifax, Canada RBC Full time

Job Summary
Responsible for daily Equity and Fixed Income Stock Loan Settlements. This includes all Stock Loan clearance activity, mark to markets and pledge activity. Heavy interaction with Securities Lending front office and RBC counterparties. Prepare internal reports and balance all settlement activity. Reconcile daily activity between APEX, Broadridge, CDS and DTC. Issue and recall letters on open borrows and loans. Process Corp. Action activity and interface with Corp. Actions in Toronto.

Job Description

What is this opportunity?
Are you looking for an exciting opportunity to become a part of a dynamic team? Are you self-motivated and thrive in a fast paced environment? As an Operations Analyst, you will be responsible for providing exceptional support to clients and trading partners through the daily settlement of Securities Lending deals.As part of our Business and Client Services department you will contribute to a center-of-excellence to help drive operational efficiencies and improve future scalability.

What will you do?
Process and monitor borrows and loans of bond and equity securities with counterparties to ensure intraday settlement

Work with counterparties and trading desks to resolve trade disputes and settlement issues

Process and settle cash related to daily mark to market on outstanding deals

Perform reconciliations and manage breaks internally and with trading partners

Assist with providing borrow locate numbers for short selling

Issue recall letters on instructions from Sales and Trading desk.

Interface with Securities Lending Sales desk

Adjust outstanding contracts for dividend and reorg activity

Implement and support process improvements to assist with Straight Through Processing initiatives

Settle JPM/BoNY Tri-party activity

What do you need to succeed?
Previous experience with back office Operations and interaction with traders preferred

Strong MS Office skills Word, Outlook, Excel and PowerPoint

Post-secondary degree, preferable in a business related field

Excellent communication skills, both oral and written

Ability to multi-task and prioritize in a time-sensitive environment

Knowledge of trade settlements and/or the trade lifecycle.

Experience with ADP/Broadridge, CDS related functions an asset

Leadership acumen and a passion to apply it in a dynamic business environment

Analytical thinking

Whats in it for you?
Opportunity to be part of a critical team and work closely with team-oriented professionals across the globe

Career-defining opportunities to build upon your dynamic critical thinking and interpersonal skills

Comprehensive compensation including performance bonus, vacation days, flexible healthcare benefits

A collaborative culture that recognizes innovative business ideas

Access to a variety of job opportunities across business and geographies

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 succeed. We care about each other, reaching our potential, making a difference to our communities and achieving success that is mutual.

Job Skills
Active Learning, Analytical Thinking, Business, Capital Markets, Communication, Critical Thinking, Customer Service, Multitasking, Process Improvements, Stress Management, Technologically Savvy, Time Management

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:
2024-11-19 Application Deadline:
2024-12-03 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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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 jobs.rbc.com.



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