Analyst, Derivatives Confirmations

2 weeks ago


Halifax, Canada Royal Bank of Canada Full time

**Job Summary**

**What is the opportunity?**

As an Analyst, your role will mitigate legal, operational, economic risk, and reputational risk associated with derivatives transactions. You will also provide quality service to our internal business partners and external clients and represent the Bank in a professional manner at all times.

**What will you do?**
- Draft and review ISDA confirmations covering plain vanilla and structured OTC derivative transactions initially covering the equity asset classes and thereafter supporting other asset classes, as necessary, and directly negotiate terms of the confirmation with counterparties
- Escalate any unusual behavior as well as any processing issues to the Team Manager in a timely manner following the BCS Escalation Policy
- Assist the Team Manager / Department Head on projects, process improvements or new business initiatives as requested
- Ensure that all documentation comply with jurisdictional regulations, ISDA and current market practice, or where there are variations, that they are acknowledged and understood by the appropriate individuals and teams
- Daily chase and follow up on all outstanding (unsigned) confirmations
- Eliminate lengthy delays in confirmation execution and escalate inevitable delays promptly and appropriately
- Be an information conduit between London, Toronto & New York Derivative Confirmations teams
- Take on ad hoc projects related to cost reduction and efficiency enhancement goals
- Participate in regular team meetings which also includes but is not limited to knowledge sharing on a specific derivative product
- Regulatory initiatives - assist Regional Management to pre-emptively adapt to evolving regulatory requirements, stay abreast of the latest developments (e.g. DFA, Clearing) and their implications to make recommendations.
- Track and govern self-identified gaps and audit comments
- Continue to develop product / market knowledge to ensure daily processes effectively mitigate operational risks
- Support colleagues during busy periods by sharing workload as applicable. This includes cross-training on other desks within the department to provide relief during absences and high volume periods
- As a more experienced member of the team, assist colleagues with any day to day issues

**What do you need to succeed?**

**Must-have**
- Bachelor’s Degree
- Strong knowledge of Derivatives Products in general, standard market practices and trading terminology
- Understanding of the complexity of Derivatives transactions
- Familiarity with the various processes involved in the confirmation lifecycle and confirmation workflow
- Ability to prepare a wide range of legal documents for financial transactions
- Quick learner who is able to thrive in a fast paced environment
- Willingness to learn and contribute to the team

**Nice-to-have**
- Familiarity with Murex, Infinity, Sophis, ActiFlow, and MarkitWire
- Experience in capital markets operations
- 2-3 years of experience with ISDA documentation
- Microsoft Excel (formulae and VBA)
- An understanding of market/counterparty/credit/operational/regulatory risk
- Project Management experience

**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
- 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 Skills**

Communication, Critical Thinking, Customer Service, Interpersonal Relationship Management, Operational Delivery, Process Improvements, Time Management

**Additional Job Details**

**Address**:
120 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**:
2024-04-29

**Application Deadline**:
2024-05-13

**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.

**Join our Talent Community**

Stay 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.



  • Halifax, Canada Royal Bank of Canada Full time

    Job Summary Job Description What is the opportunity? As an Analyst, your role will mitigate legal, operational, economic risk, and reputational risk associated with derivatives transactions. You will also provide quality service to our internal business partners and external clients and represent the Bank in a professional manner at all times. What will...


  • Halifax, Canada Royal Bank of Canada Full time

    Job Summary Job Description What is the opportunity? As an Analyst, your role will mitigate legal, operational, economic risk, and reputational risk associated with derivatives transactions. You will also provide quality service to our internal business partners and external clients and represent the Bank in a professional manner at all times. What will...


  • Halifax, Nova Scotia, Canada Royal Bank of Canada Full time

    Job SummaryJob DescriptionWhat is the opportunity?As an Analyst, your role will mitigate legal, operational, economic risk, and reputational risk associated with derivatives transactions. You will also provide quality service to our internal business partners and external clients and represent the Bank in a professional manner at all times.What will you do? ...


  • Halifax, Canada Royal Bank of Canada Full time

    Job Summary Job Description What is the opportunity? As an Analyst, your role will mitigate legal, operational, economic risk, and reputational risk associated with derivatives transactions. You will also provide quality service to our internal business partners and external clients and represent the Bank in a professional manner at all times. What will...


  • HALIFAX, Canada Royal Bank of Canada Full time

    Job SummaryJob DescriptionWhat is the opportunity?As an Analyst, your role will mitigate legal, operational, economic risk, and reputational risk associated with derivatives transactions. You will also provide quality service to our internal business partners and external clients and represent the Bank in a professional manner at all times.What will you do?...


  • Halifax, NS, Canada Royal Bank of Canada Full time

    Job Summary Job Description What is the opportunity? As an Analyst, your role will mitigate legal, operational, economic risk, and reputational risk associated with derivatives transactions. You will also provide quality service to our internal business partners and external clients and represent the Bank in a professional manner at all times. ...


  • Halifax Regional Municipality, Canada Royal Bank of Canada> Full time

    Job SummaryJob DescriptionWhat is the opportunity?As an Analyst, your role will mitigate legal, operational, economic risk, and reputational risk associated with derivatives transactions. You will also provide quality service to our internal business partners and external clients and represent the Bank in a professional manner at all times.What will you do?...

  • Data Analyst

    3 days ago


    Halifax, Canada Royal Bank of Canada Full time

    **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...


  • Halifax, Canada Royal Bank of Canada Full time

    **Job Summary** As part of the Data Shared Services team, the Analyst, Data Lineage will be responsible for documenting all aspects of the data lineage lifecycle from the original source of the data to the point of consumption of the data into a report, including any associated data transformations. The role will maintain relationships with various...


  • HALIFAX, Canada Royal Bank of Canada Full time

    Job SummaryAs part of the Data Shared Services team, the Analyst, Data Lineage will be responsible for documenting all aspects of the data lineage lifecycle from the original source of the data to the point of consumption of the data into a report, including any associated data transformations. The role will maintain relationships with various business & IT...


  • Halifax, Canada Province of Nova Scotia Full time

    **Department**:Environment and Climate Change **Location**:HALIFAX **Type of Employment**: Permanent **Union Status**: NSGEU - NSPG **Closing Date**:4/2/2024 (Applications are accepted until 11:59 PM Atlantic Time) **About Us**: The Department of Environment and Climate Change strives to protect the environment and human health. The department achieves...


  • Halifax, Canada RBC - Royal Bank Full time

    Job SummaryAs part of the Data Shared Services team, the Analyst, Data Lineage will be responsible for documenting all aspects of the data lineage lifecycle from the original source of the data to the point of consumption of the data into a report, including any associated data transformations. The role will maintain relationships with various business & IT...

  • Fixed Income Analyst

    4 weeks ago


    Halifax, Canada Royal Bank of Canada Full time

    **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...


  • Halifax Regional Municipality, Canada Royal Bank of Canada> Full time

    Job SummaryAs part of the Data Shared Services team, the Analyst, Data Lineage will be responsible for documenting all aspects of the data lineage lifecycle from the original source of the data to the point of consumption of the data into a report, including any associated data transformations. The role will maintain relationships with various business & IT...


  • Halifax, Canada Royal Bank of Canada Full time

    **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...

  • Operations Analyst

    3 days ago


    Halifax, Canada Citco Full time

    **About Citco**: The market leader. The premier provider. The best in the business. At Citco, we’ve been the front-runner in our field since our incorporation in 1948 led to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, push beyond the boundaries of our industry, and shape...


  • Halifax, Nova Scotia, Canada Royal Bank of Canada Full time

    Job SummaryAs a Senior Business System Analyst in the Compliance Technology team, you will execute all aspects of requirement delivery- planning, elicitation, analysis and documentation, and requirements management. You will be a part of a multi-disciplinary scrum team, working closely with requirements stakeholders to make decisions about requirements...


  • Halifax Regional Municipality, Canada The Government of Nova Scotia Full time

                                                                                                                Competition # : 42686 Department: Finance and Treasury BoardLocation: HALIFAXType of Employment: Co-opUnion Status: Exclusion - Non Union -...


  • Halifax, Canada Province of Nova Scotia Full time

    **Department**:Environment and Climate Change **Location**:HALIFAX **Type of Employment**:Student **Union Status**:Exclusion - Non Union - NSPG **Closing Date**:5/2/2023 (Applications are accepted until 11:59 PM Atlantic Time) **About Us**: The Protected Areas and Ecosystems Branch of Nova Scotia Environment and Climate Change is responsible for the...


  • Halifax, Nova Scotia, Canada RBC - Royal Bank Full time

    Job SummaryJob DescriptionWhat is the opportunity?The role will work within the Capital Markets, BCS, Business Management, Trade Expense Management team and be responsible for the timely and efficient processing of all 3rd Party Trade Execution Invoices through the implemented The role will work within the Capital Markets, BCS, Business Management, Trade...