Analyst, Derivatives Confirmations, CA (12-Month Contract)
- Toronto, ON, Canada
Full-time
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Job details
- Job type
- Full-time
- Apply by
- Experience
- 3 - 5 years of prior relevant experience
- Posting language
- English
- Posted
Original job description
Job Description
***Please note that this is a 12-month fixed term contract position***
What is the opportunity?
You will provide in-depth product support within the Derivatives Confirmations Group, covering Commodities and/or FX/FX Options. Your primary focus will be trade confirmation and static data management to mitigate operational risk between RBC and its counterparties. You will ensure confirmations are issued, verified, and resolved in accordance with Standing Order requirements. The role also involves daily interaction with Trading, Sales, and internal partners to resolve inquiries and support business activities.
What will you do?
- Draft and issue trade confirmations in accordance with Standing Order Policy
- Review RBC-prepared confirmations against counterparty documents to ensure alignment on economic terms and legal agreement provisions
- Investigate and resolve confirmation discrepancies, escalating unresolved issues to Front Office, Documentation, or Legal as required
- Perform reconciliations to ensure data accuracy and completeness
- Review and action regulatory reporting obligations to maintain compliance with regulatory bodies including CFTC and ESMA
- Apply maker-checker controls for static data setup and updates, including verification of changes made by team members or other departments
- Monitor and follow up on aged confirmation reports to reduce outstanding confirmations
- Participate in testing, analysis, and implementation of operational procedures for new products
- Maintain and update confirmation templates and index templates used in automated confirmation generation
- Adhere to firm-wide KYC policies for new and existing client setup
- Maintain up-to-date product knowledge and operational procedures
What do you need to succeed?
- Strong proficiency in Microsoft Office. Advanced Excel skills including pivot tables, VLOOKUPs, and formulas
- University degree in Finance, Economics or a related field
- 3 - 5 years of prior relevant experience
- Good knowledge of foreign exchange and commodity derivative transactions
- Good knowledge of ISDA documentation definitions
- Good understanding of derivatives products in general, standard market practices, and trading terminology
- Exceptional communication skills - both written and verbal
- Detail-oriented, strong time management and organization skills
- Analytical abilities and able to be pro-active to foresee potential problems
- An ability to identify collaboration opportunities with our internal partners and a team player
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
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
- Flexible work/life balance options
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
Job Skills
Additional Job Details
Address:
RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity:
TorontoCountry:
CanadaWork hours/week:
37.5Employment Type:
Full timePlatform:
CAPITAL MARKETSJob Type:
Contract (Fixed Term)Pay Type:
SalariedPosted Date:
2026-11-13Application Deadline:
2026-11-17Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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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More about this job
Responsibilities
The Derivatives Confirmations Analyst at Royal Bank of Canada will draft, issue and verify trade confirmations, and resolve discrepancies with counterparties. The role also covers reconciliations, regulatory reporting, and maintaining confirmation templates and product procedures.
Requirements
Royal Bank of Canada needs candidates with 3 to 5 years of relevant experience, a university degree in finance, economics or a related field, and good knowledge of FX and commodity derivatives and ISDA documentation. Advanced Excel, strong written and verbal communication, and attention to detail are required.
Skills
- Microsoft Excel
- Advanced Excel
- pivot tables
- VLOOKUP
- Microsoft Office
- ISDA documentation
- foreign exchange derivatives
- commodity derivatives
- FX options
- trade confirmation
- static data management
- reconciliation
- regulatory reporting
- CFTC reporting
- ESMA reporting
- KYC
- maker-checker controls
- discrepancy resolution
- operational risk management
- derivatives product knowledge
- trading terminology
- written communication
- verbal communication
- time management
- analytical thinking
Benefits
- Comprehensive total rewards program
- Flexible work/life balance options
- Leadership coaching and development
Categories
- Finance & Accounting
Keywords
- derivatives confirmations
- trade confirmations
- static data
- FX
- FX options
- commodity derivatives
- ISDA
- Standing Order
- reconciliation
- regulatory reporting
- CFTC
- ESMA
- operational risk
- Excel
- pivot tables
- VLOOKUP
- Microsoft Office
- capital markets
- KYC
- maker-checker
Seniority
Mid level
Perks
- Flexible hours
Tools
- Microsoft Excel
- Microsoft Office
Languages
- English
Fields of study
- Finance
- Economics