Senior Analyst, Derivatives Confirmations (Contract)

Overview

Our client is a specialist provider of asset services, custody, payments and treasury services. Founded in 1864, they are the 10th largest bank worldwide and the 5th in North America, as measured by market capitalization. They are among a small group of highly rated global banks and are recognized time and time again for our financial strength, market leadership and philanthropic work.

Our client has a processing centre of operational excellence supporting 10 countries across three geographical time zones employing a Global Operating Model to maximise efficiencies across times zones and supports a 24 / 5 operational capability. The objectives for Malaysia are to enhance the scalability of their global operations, improve service quality via their ‘centres of excellence’ and to implement / leverage standardised processes globally.

Region : UK

Working Hours : 3pm-12am / 4pm-1am

Responsibilities

• Draft and review ISDA confirmations covering plain vanilla and structured OTC derivative transactions primarily for APAC region and directly negotiate template terms with counterparties.
• Escalate any issues / unusual behavior as well as any processing issues to the Team Manager in a timely manner following the BCS Escalation Policy.
• Assist the Team Manager on related projects / new business initiatives and process improvements.
• Ensure that all documentation complies with ISDA and current market practice, or where there are variations, that they are acknowledged and understood by the appropriate individuals and teams.
• To ensure that lengthy delays in execution of outstanding documentation are escalated appropriately.
• Work closely with team colleagues in Toronto, Halifax & New York Derivative Confirmations team.
• Track and govern self-identified gaps and audit comments
• Actively follow up on outstanding confirmations, escalate and resolve any lengthy delays in their execution by engaging Front office.
• To continue to develop product / market knowledge to ensure daily processes are appropriate to reduce operational risks.
• To support colleagues during busy periods by sharing workloads as applicable.
• Adhere to mandatory training requirements in WorkDay and take a proactive approach to suggesting appropriate additional training as required.
• Support the team by sharing workload at holiday cross-coverage

Qualifications

What’s in it for you?

Our client thrive on the challenge to be their best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. Our client care about each other, reaching their potential, making a difference to their communities, and achieving success that is mutual.

Job Skills

Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process Improvements

Additional Job Details

Note : Applications will be accepted until 11 : 59 PM on the day prior to the application deadline date above

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.

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