Operations Control - 12mth FTC London, England
Job description
Come Work with Us!
At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.
Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.
Job Title
Job Description
What is the opportunity?
The Operations Control team are accountable for reconciling cash balances, transactions, intra-systems and positions (stock and listed derivatives). Providing value by investigating and timely resolving differences, providing reporting, and recommending and implementing operational improvements to ensure efficient and accurate processes across the business to minimize risk.
What will you do?
- Reconciliation of cash, positions and transactions between internal data and external parties including custodian, clearing agents and prime brokers within established timelines.
- Identify and manage any discretionary system enhancements.
- Working closely with external vendors to understand key trade flow requirements, Bank Ledger postings and cash payment deadlines
- Assist in resolving any position issues raised by the desk or Finance and investigating as necessary to identify the root cause.
- Work with internal teams to support the full client lifecycle beginning with fund onboarding.
- Review daily process to identify and address any trends or concerns with breaks.
- Taking full ownership demonstrating full awareness of any system upgrades and enhancements, and any potential regulatory breaches.
What do you need to succeed?
Must-have
- Ability to operate within a control framework until time sensitive deadlines.
- You are able to prioritise and balance multiple requests, showing knowledge to escalate when necessary.
- Good communicator with strong analytical skills.
- Desire to seek continuous improvements and enhancements.
- Work effectively as part of a time or on your own assignments.
Nice-to-have
- Experience of EMIR portfolio reconciliation
- Knowledge of fixed income assets as well as FX.
- Understanding of the impact breaks in reconciliation can have on the trade lifecycle and portfolio management.
- Working background of MT535/MT940/MT950 swifts, and custodian flat files used for reconciliation.
What is 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 bonuses, flexible benefits and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Opportunities to work with the best in the field
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- A world-class training program in financial services
Job Summary
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Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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