At a Glance
- Tasks: Join our team to manage cash and FX positions while ensuring data integrity.
- Company: RBC, a leading global bank with a focus on community and client success.
- Benefits: Competitive salary, bonuses, flexible benefits, and opportunities for professional growth.
- Why this job: Make a real impact in a dynamic environment while developing your analytical skills.
- Qualifications: Experience in operations, knowledge of banking procedures, and strong communication skills.
- Other info: Collaborative team culture with a commitment to diversity and inclusion.
The predicted salary is between 36000 - 60000 £ per year.
We have an exciting opportunity for an Analyst to join the Wealth Management Europe (WME) Treasury Operations / Asset Services team in Jersey or Edinburgh. You will be responsible for performing more complex operational tasks accurately and efficiently, supporting daily team activities, and mitigating operational risk while maintaining data integrity. You will support the Dealing Room by providing Cash and FX Positions, managing the banks cash balances across all our Agents and Custodians, perform various Treasury Control functions and meet all daily, monthly and annual reporting requirements.
What will you do?
- Daily calculation and analysis of the banks running cash position throughout the day.
- Creation of funding transfers between agent/correspondent bank accounts.
- Agree daily settlement of FX netting positions and create relevant payment/entry instructions.
- Daily tick back of the previous days FX input providing the dealers with timely and accurate currency positions and proving the daily Profit analysis.
- Ensuring collateral is accurately determined, booked and marked to market.
- Monitoring and reporting on External positions, FX positions, trading and profit for various RBC entities.
- Monitoring and reporting of Trading Limits, Nostro Working Balances.
- Posting and reconciliation of fees, interest to be applied.
- Monitoring, administration of external reconciliations.
- Calculation of brokerage fees, distribution of such and payment initiation.
- Ensure all High-Quality Liquid Assets (HQLA) and associated Interest Rate Swaps (IRS) are administered and reported promptly and accurately.
- Maintenance and quarterly audits of all the dealer limits on both Money market and FX books.
- Preparation of fixed deposits, money market deals and FX deals.
What do you need to succeed?
- Must-have
- Experience of supporting Operations activity within a high-volume business.
- Knowledge of FX, Money Market, Liquidity and operational banking procedures/structure.
- Collaborative team member with a willingness to learn from others.
- Excellent communication skills.
- High degree of personal resilience & emotional intelligence.
- A positive and proactive attitude towards change.
- Good understanding of Treasury Control requirements including the risk factors and mitigation.
- Excellent analytical skills.
- Nice-to-have
- A practical understanding of Banking and Treasury Products.
- Strong Excel skills.
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.
Inclusion and Equal Opportunity Employment
At 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.
Analyst, Asset Services employer: Royal Bank of Canada
Contact Detail:
Royal Bank of Canada Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Analyst, Asset Services
✨Tip Number 1
Network like a pro! Reach out to current or former employees at RBC through LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of FX and Money Market operations. We want to see that you’re not just a good fit on paper but also in practice. Show us you know your stuff!
✨Tip Number 3
Practice your analytical skills with real-world scenarios. Think about how you would handle daily cash position calculations or FX netting. Being able to talk through your thought process can impress interviewers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining our team at RBC.
We think you need these skills to ace Analyst, Asset Services
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Analyst role. Highlight your experience in operations, especially in high-volume environments, and showcase your knowledge of FX and Money Market procedures. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. Don’t forget to mention your collaborative spirit and willingness to learn – we love that!
Show Off Your Analytical Skills: Since this role involves a lot of analysis, make sure to highlight any relevant analytical skills or experiences in your application. Whether it's through specific projects or tools you've used, we want to see how you can contribute to our team’s success.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Royal Bank of Canada
✨Know Your Numbers
As an Analyst in Asset Services, you'll be dealing with cash positions and FX netting. Brush up on your financial calculations and be ready to discuss how you would approach daily cash position analysis. Show them you can handle numbers with confidence!
✨Understand the Operations Landscape
Familiarise yourself with operational banking procedures and liquidity management. Be prepared to talk about your previous experience in high-volume operations and how it relates to the role. This will demonstrate your readiness to hit the ground running.
✨Show Your Collaborative Spirit
This role requires a team player who is willing to learn from others. Think of examples where you've worked effectively in a team, especially in high-pressure situations. Highlight your communication skills and emotional intelligence during the interview.
✨Be Proactive About Change
RBC values a positive attitude towards change. Prepare to discuss how you've adapted to changes in your previous roles and how you can bring that proactive mindset to the Asset Services team. This will show that you're not just a fit for the role, but also for the company culture.