Manager, Futures Exchange Solutions

Job Description

What is the opportunity?

The Manager, Futures Exchange Solutions will join a team within RBC Capital Markets Global Futures, focusing on Exchange Traded Derivatives regulatory reporting and Exchange Initiatives. They will work closely with partners in Compliance, Futures Operations, Futures IT, and Global Exchanges and CCPs to ensure RBC Futures maintains compliance with internal and external regulatory requirements

• Gain deep expertise in exchange-traded derivatives regulatory reporting while working alongside experienced futures professionals. This role offers exceptional exposure to global exchanges, regulators, and senior stakeholders, with opportunities to drive process improvements using technology and creative problem-solving
• Work on a close-knit, collaborative team that values knowledge-sharing, mutual support, open communication, employee growth and development as well as continuous learning
• Encouraged to leverage AI tools and automation to increase efficiency and reduce manual effort and champion these initiatives through to implementation
• Build your professional network through participation in industry forums, exchange working groups, and regulatory dialogues
• Develop comprehensive knowledge of futures markets, regulatory frameworks across North America, Europe, and Asia, and sophisticated trading systems

What will you do?

• Serve as the point of contact for North American exchange regulatory reporting matters, while providing backup coverage and support for other regions to ensure continuity and global consistency in reporting practices
• Maintain and enhance the inventory of exchange regulatory reporting obligations, ensuring completeness, accuracy, and alignment with current exchange requirements across all applicable markets
• Monitor exchange regulatory initiatives, rule changes, and reporting requirements from inception through implementation, tracking timelines, dependencies, and deliverables to ensure the firm remains on schedule and in compliance
• Lead or support individual and concurrent regulatory reporting initiatives, coordinating workstreams across Compliance, Operations, Technology, and external stakeholders including exchanges and clearing brokers
• Develop and maintain comprehensive process documentation for all regulatory reporting workflows, ensuring procedures are current, actionable, and audit-ready
• Serve as a subject matter resource on exchange regulatory reporting requirements, providing guidance and support to Operations teams on interpretation, exception handling, and process execution
• Build and maintain strong working relationships with exchange contacts, regulatory bodies, and internal partners to facilitate effective communication and issue resolution
• Identify gaps, control weaknesses, or process inefficiencies in current reporting practices and recommend enhancements to strengthen the control environment
• Represent the firm at industry forums, working groups, and exchange-hosted calls to stay current on regulatory developments, share best practices, and contribute to industry dialogue on reporting standards and emerging requirements
• Develop proficiency in the XTP books and records system, understanding its architecture, data flows, and reporting capabilities as they relate to regulatory reporting obligations and audit trail requirements
• Build and maintain deep knowledge of exchange rule books and regulatory frameworks, serving as a reference point for rule interpretation and ensuring operational practices align with published requirements
• Conduct periodic reviews of existing controls related to regulatory reporting, assessing design and operating effectiveness, identifying gaps, and partnering with Compliance and Operations to implement remediation where needed
• Stay current on rule book amendments and exchange circulars, assessing their impact on existing processes and controls, and communicating relevant changes to affected stakeholders

What do you need to succeed?

• 3+ years of experience in Futures Operations, Compliance, Regulatory Reporting or related Capital Markets Operations (preference to cleared derivatives)
• Understanding of or exposure to regulatory frameworks such as CIRO, CFTC/NFA, or EMIR/MiFIR
• Working knowledge of the trade lifecycle, including execution, clearing, settlement, and books and records requirements
• Experience developing, documenting, and improving operational processes and controls
• Demonstrated ability to work across functions including Operations, Compliance, Technology, and external parties such as exchanges and clearing brokers
• Knowledge of the trade Lifecycle, from Execution to Clearing (Futures Preferred)
• Knowledge of Futures/Options products,