Senior Pricing Analyst

RBC; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A Canadian bank in Toronto is seeking a Pricing Analyst within Shared Services - Data Service Delivery. The candidate will provide direction to Pricing Analysts, ensuring accurate pricing of securities for client statements and excellent service to maintain strong client retention. Essential qualifications include a degree in Business or Finance and robust knowledge of markets and compliance. This role offers career development and a comprehensive rewards program.

Benefits

Career development opportunities

Comprehensive Total Rewards Program including bonuses

Collaborative work environment

Qualifications

• Strong knowledge of markets and securities.
• Knowledge of compliance and industry requirements.
• Understanding of domestic and global investment markets.
• Excellent organizational skills.
• Strong written and verbal communication skills.

Responsibilities

• Provide direction and support to a team of Pricing Analysts.
• Respond to all client inquiries to strengthen client retention.
• Price all securities at month-end for client statements.
• Verify pricing data with suppliers.
• Establish communication networks for pricing data.
• Ensure procedures and compliance policies are followed.
• Analyze and approve pricing reports.
• Research alternate sources for pricing data.
• Train and manage team staff.

Skills

Active Learning

Adaptability

Business Appraisals

Critical Thinking

Customer Service

Decision Making

Effectiveness Measurement

Operational Delivery

Process Improvements

Education

University degree/College Diploma in Business or Finance

Job description

Job Description

What is the opportunity?
In this role within Shared Services - Data Service Delivery, we provide security Masterfile's as well as pricing data to RBC I&TS core business systems globally. The activity is covered on a 24/5 basis through a Follow The Sun model with a presence in Asia, Europe and North America. In addition, you will be accountable for the quality of the services delivered, as well as promote quality client service with client-focus and client-first mentality.

What will you do?

• To provide direction and support to a team of Pricing Analysts focusing on security pricing and client instructions which impact valuations, and client statements.
• Provide a high level of service by responding to all client inquiries within a reasonable timeframe in order to maintain the company's image and strengthen client retention.
• Ensure that all securities are priced at month-end in order to produce complete and accurate client statements from custody platforms.
• Responsible for verifying and confirming with pricing suppliers and other pricing sources all pricing data not meeting the required tolerance levels of the entire database.
• Establish communication networks with all business units for the receipt of pricing data.
• Ensure existing procedures are followed and kept informed on all policies and compliance issues.
• Responsible for analyzing and approving all reports generated for all pricing activities from a centralized database as well as individual pricing platforms.
• Research, review, and analyze alternate sources other than the existing pricing suppliers for price data on non-exchange and thinly traded securities residing on the database.
• Additional responsibilities include training, streamlining processes where required, maintain up to date DOP’s, Liaises with Technology support to ensure systems are in sync with the operational environment and staff management.

What do you need to succeed?

• University degree/College Diploma, preferably in Business or Finance
• Strong knowledge of markets and securities
• Knowledge of compliance and industry requirements
• Understanding of domestic and global investment markets
• Excellent organizational skills
• Strong written and verbal communication skills

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.

• Excellent exposure to communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriate
• Opportunity to obtain hands-on experience throughout your role
• Working with an exciting, close-knit, supportive & dynamic group
• Opportunity to collaborate with other business segments within the bank
• Excellent career development and progression opportunities
• A comprehensive Total Rewards Program including bonuses and flexible benefits

Job Skills

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

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.