Senior Associate, US and CA Equity Settlements
Job Description
What is the opportunity?
The role is within Global Markets Transaction Services and supports RBC Europe Limited and RBC Capital Markets (Europe) GmbH, however some specific roles may support other RBC entities or Branches. The role is supports post trade deal processing for RBC Capital Markets securities trading businesses and its clients. The role ensures that trades are captured, matched for settlement and reconciled as well as covering other post trade processes.
Working Hours: London Hours (4PM-1AM/5PM-2AM)
What will you do?
- Manage and monitor settlement of the Equity business' trading in the North American markets (DTC and CDS) by using Arrow, ADP CA, internal reporting.
- Liaise with clients and internal teams to ensure smooth settlement and fail management.
- Manage and monitor buy-in risk and escalate when necessary.
- Produce daily fail reporting.
- Liaise with Corporate Actions Team when necessary.
- Complete reports and reconciliations.
- Point of contact for Clients and continue to develop and enhance excellent Client Service
- Resolve more complex queries and escalate when necessary
- Assist colleagues with queries to ensure smooth running of daily roles and processes
- Oversee work of other team members and be available for escalation to ensure smooth running of daily roles and processes.
What do you need to succeed?
Must-have
- Proven experience within Settlements, within an operations environment.
- Settlement experience in DTC and CDS markets.
- Strong knowledge Equity products and processes.
- Meticulous attention to detail.
- Effective Communicator, both verbal and written.
Nice-to-have
Experience with Arrow and ADP Broadridge systems would be advantageous.
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 performance based bonuses, flexible benefits, and competitive compensation.
Leaders who support your development through coaching and managing opportunities.
A world-class training program in financial services.
A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded.
Job Skills
Adaptability, Client Service Excellence, Critical Thinking, Customer Service, Decision Making, Email Management, Equities, Equity Settlements, Multitasking, Operational Delivery, Process Improvements, Reporting ManagementAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.
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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.