Rbc

Capital Markets

Buy-InAnalyst

Halifax, Nova Scotia, Canada FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid candidates.

The Brief

“Buy-In Analyst at Rbc. Skills: Reconciliation, Excel, Financial services operations, Capital markets, Trading operations, FINRA/IIROC regulations. Performing daily operations as per procedures. Data entry, processing, reconciliation, and data maintenance as per procedures”

What You'll Achieve.

Ensure overall compliance with accepted practices and policies; Reduce risk by suggesting process changes and modifications; Meet strict NSCC/DTC deadlines; Make sure all accounts are properly balanced with the correct journal entries

Industry & Context.

Capital Markets
Problems you'll solve

Analytical and problem-solving abilities; Critical Thinking; Decision Making

Eligibility Requirements

Working on Canadian statutory holidays is required., Time off on US Statutory Holidays., Flexibility to work within core operating hours (7:30 a.m. to 4:00 p.m. AST) is required.

What They're Looking For.

Must Have

Strong Excel skills including advanced formulas, pivot tables, VLOOKUP/XLOOKUP, etc., 2 + years of relevant reconciliation experience in a financial services environment, preferably within capital markets or trading operations., Post-secondary education or equivalent, High degree of accuracy and attention to detail with analytical and problem-solving abilities., Ability to work effectively and reliably under pressure in a fast-paced environment with minimal supervision., organizational and interpersonal skills with excellent verbal and written communication abilities., Team player who can collaborate effectively across multiple functions and geographies., Knowledge of ADP, DTC, CDS as these Backoffice systems are used extensively, Knowledge of DTC, CNS, Reconciliation, Buyin rules and other regulations mandated by FINRA/IIROC, Experience speaking with Front Office/Middle office personnel

Nice to Have

Understanding of accounting principles and experience reconciling General Ledger accounts and Nostro accounts., Other technical skills such as Python, VBA, SQL, or other automation tools., Knowledge of ADP-Broadridge, Cage III, Stock Record, knowledge of DTC SMARTRACKS Buy-In procedures (CNS & NON-CNS BUY-Ins), Ability to meet strict NSCC/DTC deadlines, Familiar with Stock Loan & Stock Borrow procedures, Understanding of Balancing Reconciliations/ Position and Cash to make sure all accounts are properly balanced with the correct journal entries, Knowledge of sub-ledger accounting systems and month-end close processes., Experience/working knowledge of rates derivatives products (Interest Rate Swaps, Cross Currency Swaps, Forward Rate Agreements) and related processing procedures., Familiarity with trading and risk management systems such as Murex, Infinity, or similar platforms.

What You'll Do.

Performing daily operations as per procedures

and data maintenance as per procedures

Escalating exceptions to team lead and department manager

Ensuring overall compliance with accepted practices and policies

Managing operational risk through operational reviews

and adherence to procedures

Providing customer service to RBC Clients for Buy-In Notices

Processing standardized or routine transactions such as Frozen Letters and PairOffs

Responding to questions from other departments

Routing escalated questions to appropriate resources

Understanding department procedures and accountabilities

Suggesting process changes and modifications to reduce risk

Handling multiple priorities in a fast-paced

pressured environment

Completing special projects and assignments

How You'll Work.

Team & Collaboration

Work with team lead and department manager to escalate exceptions; Respond to questions from other departments both in and outside of Operations; Route escalated questions to the appropriate resources; Collaborate effectively across multiple functions and geographies

Communication Scope

Excellent verbal and written communication abilities

Process & Methodology

Complete special projects and assignments in a thorough, accurate and timely manner

Full Job Description

**_Job Description_** **What is the opportunity?** * The main purpose of this role is to focus on performing daily operations as per procedures * Perform data entry, processing, reconciliation, and data maintenance as per procedures * Work is performed with predefined parameters and includes specialized training on desk responsibilities * For any exceptions, work with team lead and department manager to escalate as per procedures and to ensure overall compliance with accepted practices and policies * Elements of risk are managed through operational reviews, system checks, and adherence to procedures **What will you do?** * Provide customer service to all of RBC Clients, when contacting short accounts for Buy-In Notices * Process standardized or routine transactions within specific area or department, such as Frozen Letters and PairOffs * Respond to questions from other departments both in and outside of Operations, retail personnel, correspondent firms, and management staff * Route escalated questions to the appropriate resources following established departmental policies * Understand department procedures and required accountabilities in the area or department in which the incumbent works * Reduce risk by suggesting process changes and modifications as appropriate * Able to handle multiple priorities in a fast paced, pressured environment * Good communication skills with ability to work effectively with a variety of personalities * Complete special projects and assignments in a thorough, accurate and timely manner * Basic knowledge of the brokerage business **What you need to succeed?** Must have: * **Strong Excel skills** including advanced formulas, pivot tables, VLOOKUP/XLOOKUP, etc. * **2 + years of relevant reconciliation experience** in a financial services environment, preferably within capital markets or trading operations. * Post-secondary education or equivalent * High degree of accuracy and attention to detail with strong analytical and problem-solving

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