At a Glance
- Tasks: Support complex transactions in a fast-paced financial environment and ensure accurate trade execution.
- Company: Join RBC, a leading global bank with a commitment to innovation and collaboration.
- Benefits: Enjoy competitive pay, flexible benefits, and a world-class training programme.
- Other info: Opportunities for career growth and a supportive workplace culture.
- Why this job: Make a real impact while developing your skills in a dynamic team.
- Qualifications: Attention to detail and experience with OTC derivatives or structured products are essential.
The predicted salary is between 51750 - 63250 £ per year.
In this role, you will focus on supporting the London based OTC Derivative, Structured Product desks, Foreign Exchange and Treasury. You will gain a deep understanding of the products and system infrastructure, allowing you to provide best-in-class trade execution to RBC’s investment professionals and the highest degree of white-glove service to our clients. This is a permanent, full-time role and requires 4 days in our London Bishopsgate office.
What will you do?
- Support complex transactions for Credit, Rates and Equity Derivatives, along with Structured Products, Foreign Exchange and Treasury.
- Support the hedging done by these desks, covering a wide range of asset classes. Product proficiency is required to interpret economics, understand guidelines, and develop processes.
- Provide a central point of contact for the business, working closely with Sales, Trading, Clients and internal functional groups.
- Where required, perform validation of trade bookings, ensuring complete accuracy for downstream processing.
- Perform trade enrichment from F/O instruction.
- Manage trade lifecycle events, ensuring accuracy of booking in the relevant system for downstream processing, managing the client communication for these events when required.
- Take the necessary action to assist with resolving trade and cash breaks, ensure F/O are made aware when required and that the BCS escalation procedures are followed.
- Perform data reconciliations as required and in line with team procedures.
- Assist in facilitating the setup of new broker/counterparty/client accounts within the relevant systems.
- Provide expertise and input into new project/business/initiatives.
- Continually strive for process improvement, identifying opportunities to improve for discussion within team meetings and 1 to 1's.
- Ensure all tasks are completed daily and correctly captured on the teams EOD process.
What do you need to succeed?
- Must-have: Exceptional attention to detail.
- Experience with OTC Derivatives, Structured Products, Foreign Exchange or Treasury and the relevant events associated with these trades.
- Ability to manage multiple tasks and deadlines in a fast-paced environment.
- Driven attitude to help create efficiencies within current processes and lead projects.
- Display clear and concise communications skills.
- Demonstrate strong analytical and technical skills.
- Aptitude to develop relationships cooperatively with all levels of the team.
- Nice-to-have: Knowledge of Regulatory Requirements within the derivative trading landscape – i.e. Dodd Frank, EMIR, MiFID II, PTMM, etc.
- Technical Proficiency in financial systems and exchanges: Bloomberg Terminal, Murex, Sophis, DTCC TradeServ, ICE, LCH, Rats.
- Experience of downstream processing of OTC Derivatives, Structured Products, Foreign Exchange or Treasury.
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 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.
Analyst, Trade & Sales Support (London) employer: Royal Bank of Canada
At RBC, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our London office provides employees with flexible working arrangements, including the opportunity for remote work, alongside comprehensive training and development programmes to support your career growth in the private wealth sector. Join us to be part of a team that values your contributions and invests in your future.
StudySmarter Expert Advice🤫
We think this is how you could land Analyst, Trade & Sales Support (London)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Royal Bank of Canada. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Analyst, Trade & Sales Support (London)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Royal Bank of Canada.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Royal Bank of Canada's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Royal Bank of Canada
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Royal Bank of Canada.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Royal Bank of Canada will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Royal Bank of Canada employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
