Senior Analyst, OTC Derivatives Trade Support - Capital Markets Operations | London, UK

Royal Bank of Canada; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is looking for a Senior Analyst to support their OTC Derivatives Trade Support team in London. This role involves ensuring best-in-class trade execution and providing exceptional service to clients while managing complex transactions across various asset classes. The ideal candidate will have a strong analytical background and experience with OTC derivatives, along with the ability to thrive in a fast-paced environment. Join a dynamic team that values innovation and collaboration, offering a comprehensive rewards program and opportunities for professional growth.

Benefits

Comprehensive Total Rewards Program

Flexible working options

World-class training program

Opportunities for professional development

Dynamic and collaborative work environment

Qualifications

• Experience with OTC Derivatives or Structured Products.
• Strong analytical and technical skills required.

Responsibilities

• Support complex transactions for Credit, Rates and Equity Derivatives.
• Manage trade lifecycle events and ensure accuracy of bookings.

Skills

Attention to Detail

Analytical Skills

Communication Skills

Project Management

Critical Thinking

Education

Bachelor's Degree in Finance or related field

Tools

Bloomberg Terminal

Murex

Sophis

DTCC TradeServ

ICE

LCH

Job description

Senior Analyst, OTC Derivatives Trade Support - Capital Markets Operations

Royal Bank of Canada London, United Kingdom

Royal Bank of Canada London, United Kingdom

Job Summary

Job Description

What is the opportunity?

In this role, you will focus on supporting the London based OTC Derivative and Structured Product desks, covering Credit, Rates and Equity.

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.

What will you do?

• Day-to-day emphasis is on support of complex transactions for Credit, Rates and Equity Derivatives, along with Structured Products. Also supporting the hedging conducted 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 on a daily basis and correctly captured on the teams EOD process.

What do you need to succeed?

Must-have

• Exceptional attention to detail.
• 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 relationship cooperatively with all levels of the team.

Nice-to-have

• Experience with OTC Derivatives or Structured Products and the relevant events associated with these trades
• Knowledge or 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
• Experience of downstream processing of OTC Derivatives or Structured Products.

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
• A world-class training program in financial services
• Flexible working options fully supported.

Agency Notice

RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.

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

Additional Job Details

Address:

100 BISHOPSGATE:LONDON

City:

London

Country:

United Kingdom

Work hours/week:

35

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-05-01

Application Deadline:

2025-05-15
Note : Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

I nclusion 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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