Trade Support Analyst, Cmig

2 weeks ago


Toronto, 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 that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

**Job Title**

Trade Support Analyst, CMIG
- The incumbent will be trained and rotate through several desks within the team as a secondary floater to ensure coverage and cross training occurs including;
- Daily support to the Mortgage trading business, approve assigned service providers’ files uploaded from shared drive into the Mortgage Hub (mHUB) system
- As part of NHA program, coordinate the CMHC form handling and loan securitization process to ensure securitization process is completed in a timely manner
- Promptly resolve issues related to Mortgage daily settlements.
- The incumbent is also responsible to review daily/monthly cash, position in production and reconciliations investigation results performed by CMRG and ensure all discrepancies for positions and cash in various processing systems (e.g. Infinity/Murex, RIMMS, Anvil, OPICS, SLIM and General Ledger systems) are investigated with proper resolution, to prepare respective SLIM/eGL accounting entries for all FIDO and CT/MM Infinity/Murex book-runners when necessary, to monitor the daily suspense account posted to the responsible transits and to complete GL accounts attestation.
- Ensure desk procedures, controls and best practices are current and well documented. As required, participate in user acceptance testing for new products and system improvements.

**Must-have**
- Bachelor’s Degree or equivalent (BBA / BComm / BMath / BSc) with 2 years experiences in financial industry
- Knowledge of derivatives, repo and the mortgage securitization process
- High degree of accuracy, attention to detail; ability to learn quickly and problem solve.
- Work effectively and reliably under pressure with mínimal supervision; team player.
- Strong organizational, interpersonal and communications skills.
- Solid PC (Microsoft Excel, Word) and analytical skills

**Nice-to-have**
- Experience/working knowledge of Mortgages/MBS & derivatives products and processing procedures
- Good working knowledge of various Systems: MHUB, Slim, People Soft, Infinity/Murex, OBI, IRIS etc.
- French speaking

**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.
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
- Opportunities to build close relationships with clients
- Access to a variety of job opportunities across business and geographies
- Gain invaluable skills that can be transferrable within the operations financial industry

**Job Summary**

The Market & Business Service Trade and Sales Support team in RBC Capital Markets is looking to hire a Trade Support Analyst. The incumbent’s primary responsibility is to provide operational support to Mortgage and MBS activities, settlements and reconciliations in order to provide high quality operational support. The incumbent will assist with the reconciliations related to OTC Derivatives and Mortgage businesses.

**Address**:
TORONTO, Ontario, Canada

**City**:
CAN-ON-TORONTO

**Country**:
Canada

**Work hours/week**:
37.5

**Employment Type**:
Full time

**Platform**:
Capital Markets

**Job Type**:
Regular

**Pay Type**:
Salaried

**Posted Date**:
2023-02-09-08:00

**Application Deadline**:
2023-02-23-08:00

**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.

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