Analyst, Derivatives Confirmations

Job 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.**PLEASE NOTE THAT THIS IS A 6-MONTH FIXED TERM CONTRACT**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 counterpartiesEscalate any unusual behavior as well as any processing issues to the Team Manager in a timely manner following the BCS Escalation PolicyAssist the Team Manager / Department Head on projects, process improvements or new business initiatives as requestedEnsure 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 teamsDaily chase and follow up on all outstanding (unsigned) confirmationsEliminate lengthy delays in confirmation execution and escalate inevitable delays promptly and appropriatelyBe an information conduit between London, Toronto & New York Derivative Confirmations teamsTake on ad hoc projects related to cost reduction and efficiency enhancement goalsParticipate in regular team meetings which also includes but is not limited to knowledge sharing on a specific derivative productRegulatory 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 commentsContinue to develop product / market knowledge to ensure daily processes effectively mitigate operational risksSupport 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 periodsAs a more experienced member of the team, assist colleagues with any day to day issuesWhat do you need to succeed? Must-have Bachelor’s DegreeStrong knowledge of Derivatives Products in general, standard market practices and trading terminologyUnderstanding of the complexity of Derivatives transactionsFamiliarity with the various processes involved in the confirmation lifecycle and confirmation workflowAbility to prepare a wide range of legal documents for financial transactionsQuick learner who is able to thrive in a fast paced environmentWillingness to learn and contribute to the teamNice-to-haveFamiliarity with Murex, Infinity, Sophis, ActiFlow, and MarkitWireExperience in capital markets operations2-3 years of experience with ISDA documentationMicrosoft Excel (formulae and VBA)An understanding of market/counterparty/credit/operational/regulatory riskProject Management experienceWhat’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.Leaders who support your development through coaching and managing opportunitiesWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workFlexible work/life balance optionsRBC 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.Job SkillsActive Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process ImprovementsAdditional Job DetailsAddress:RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity:TorontoCountry:CanadaWork hours/week:37.5Employment Type:Full timePlatform:CAPITAL MARKETSJob Type:Contract (Fixed Term)Pay Type:SalariedPosted Date:2026-01-23Application Deadline:2026-02-09Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt 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.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 jobs.rbc.com.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.