Rbc
Finance
Analyst,RegulatoryReporting
Neural analysis suggests this role is
optimal for Entry candidates.
“Analyst, Regulatory Reporting at Rbc. Skills: Regulatory Reporting, OTC Derivatives, CFTC, CSA, SEC, EMIR, FCA. Perform daily, weekly and monthly trade reporting reconciliations. Perform investigations and determine root causes leading to regulatory rejections”
What You'll Achieve.
Ensuring compliance with the trade reporting regulations including but not limited to CFTC, CSA and SEC for OTC Derivatives trading; Ensure compliance of OTC Derivatives as imposed by various global Regulators; Achieve and maintain highest levels of customer Service; Improve efficiency and controls
Industry & Context.
Perform investigations and determine root causes leading to regulatory rejections; Investigate any processing issues and recommend a course of action to the Team Manager; Analyze current state processes to provide suggestions for process re-engineering and technology implementation to improve efficiency and controls
What They're Looking For.
Must Have
1+ years of operational experience in a busy, high risk and demanding operational environment, Bachelor’s degree specializing in Business, Finance, Math or Engineering, Solid understanding of procedures and operational controls as they relate to systems and work flows, Detailed understanding of the fundamentals of Capital Markets trading and the transaction lifecycle, Working knowledge of OTC Derivative products, Working knowledge of Regulatory Requirement across various Regimes i. e. CFTC, CSA, SEC, EMIR, FCA and other global derivatives reform regimes, Excellent communication skills – both verbal and written, including presentation skills, Able to manage multiple priorities, work under pressure, learn quickly, and perform new tasks accurately, effectively, and efficiently, Familiarity with front, middle and back office applications (Bloomberg, Sophis, TradeWeb, MarkitWire, Murex, DTCC etc. ), Skillful in Microsoft Office Suite (Outlook, Excel, Access, PowerPoint, Word, Visio, etc. )
Nice to Have
Detailed understanding of RBC Capital Markets organizational structure (front office sales and trading, middle office, product control, back office operations, regulatory/compliance, etc. ), Proficiency in VBA (Visual Basic for Applications) or Python is an asset
What You'll Do.
weekly and monthly trade reporting reconciliations
Perform investigations and determine root causes leading to regulatory rejections
Perform daily Global Trade Repository daily exception monitoring and issue management
Perform Daily Swap Surveillance Post Trade Exceptions Monitoring to analyze production exceptions and perform investigations in Trade Capture system
Swap Surveillance System/Rules Engine
and Party Static Data Systems to determine proper course of remediation
Ensure any portfolio reconciliation discrepancies are actively investigated with the counterparties and follow-up on resolution in a timely manner
Contribute and document business processes
controls and procedures
under supervision of the department lead
Ensure all daily tasks / controls are completed in line with the departmental procedures
Continue to develop product / market knowledge to ensure daily processes are appropriate to reduce operational risks
Investigate any processing issues and recommend a course of action to the Team Manager
Assist in the execution of the proposed change once approved
Support colleagues during busy periods by sharing workloads as applicable
Adhere to mandatory training requirements and take a proactive approach to suggesting appropriate additional training as required for the role
Analyze current state processes to provide suggestions for process re-engineering and technology implementation to improve efficiency and controls
How You'll Work.
Team & Collaboration
Work collaboratively with Front Office, Business and Client Services, Compliance, IT, Trading Documentation Team, Project Team and Client Data Management to resolve any regulatory reporting related exceptions; Escalate trade reporting and swap surveillance exception issues to Senior Management and Compliance as deemed necessary; Effectively communicate and build rapport with team members, stakeholders and business partners using a variety of techniques and collaboration from initiation to close; Support colleagues during busy periods by sharing workloads as applicable
Communication Scope
Excellent communication skills – both verbal and written, including presentation skills; Effectively communicate and build rapport with team members, stakeholders and business partners using a variety of techniques and collaboration from initiation to close
Full Job Description
**_Job Description_** **What is the opportunity?** The CM Canadian Regulatory Services group is responsible for ensuring the ever changing regulatory reporting requirements imposed by various global Regulators for OTC Derivatives are successfully implemented and executed. This role is responsible for ensuring compliance with the trade reporting regulations including but not limited to CFTC, CSA and SEC for OTC Derivatives trading. The role will involve daily reconciliations, exception monitoring, portfolio reconciliation, investigation, issue management and MI reporting. This role also support Regulatory Swap Surveillance Post Trade Exceptions including but not limited to CFTC, EMIR, FCA, CSA regulatory regimes and Clearing, SEF Trade Execution, and Business Conduct mandates to ensure compliance of OTC Derivatives as imposed by various global Regulators. **What will you do?** * Perform daily, weekly and monthly trade reporting reconciliations * Perform investigations and determine root causes leading to regulatory rejections * Perform daily Global Trade Repository daily exception monitoring and issue management * Perform Daily Swap Surveillance Post Trade Exceptions Monitoring to analyze production exceptions and perform investigations in Trade Capture system, Swap Surveillance System/Rules Engine, and Party Static Data Systems to determine proper course of remediation * Ensure any portfolio reconciliation discrepancies are actively investigated with the counterparties and follow-up on resolution in a timely manner. * Contribute and document business processes, controls and procedures, under supervision of the department lead * To ensure all daily tasks / controls are completed in line with the departmental procedures. * To continue to develop product / market knowledge to ensure daily processes are appropriate to reduce operational risks. * To investigate any processing issues and recommend a course of action to the Team Manager. Once approved, assist in the execut
Applying for this Analyst, Regulatory Reporting role?
Most applicants get filtered before a human reads their resume. See if yours makes the cut.
How to Apply on Workday
- Workday has a multi-step form — save your progress after every section.
- "Apply With LinkedIn" can fail or lose data; manual entry is more reliable.
- Watch for the "Submit for Review" final step — hitting "Save" alone does not submit.
- Job requisition numbers are useful when following up with HR by email.
ANONYMOUS · UNFILTERED
What do employees actually say about Rbc?
Real rants from real employees. Read before you apply.