Futures Balancing Analyst

Royal Bank of Canada; Putrajaya; On-site; MYR 120,000 - 180,000; Full time

Job summary

Royal Bank of Canada in Malaysia is seeking an Analyst to manage position balancing for Futures, Cleared Derivatives, and related money flows. You will ensure accurate reporting, coordinate with exchanges and brokers, and support regulatory compliance within a dynamic, global operations framework.

The role requires knowledge of clearing, reconciliations, control, and regulatory reporting, with a futures/options background.

Qualifications

• Diploma or Bachelor's degree in Business, Finance, or related discipline.
• Basic knowledge of Clearing, Reconciliations, Control, Regulatory Reporting, and Operational Risk Management.
• Basic knowledge of RBC and vendor back/middle office systems.
• Detail oriented.
• Futures and Options background.
• Nice-to-have understanding of financial markets and related flows.
• Knowledge of Client On-Boarding, KYC and regulatory reporting requirements is a plus.
• Recognised industry qualifications such as CISI or Eurex Clearing QBO are a plus.

Responsibilities

• Balance RBCCM's futures and options positions and money with exchanges and carry brokers.
• Balance RBCCM's IRS positions and money to member exchanges.
• Provide exercise/assignment coverage notifications for options.
• Monitor and adjust positions at exchanges for balancing, including large trader.
• Handle T+1 trade queries.
• Work with Global Operations, FO Sales, Trading partners and clients.
• Contribute to industry projects, system upgrades and new initiatives.

Skills

Detail oriented

Futures & Options

Regulatory reporting

Clearing knowledge

Reconciliations

Operational risk

Education

Business/Finance degree

Tools

Back office systems

Job description

Job Description

What is the opportunity? The Analyst is primarily responsible in ensuring accurate position and money balancer for the Futures & Cleared Derivatives. Maintain accurate position and trade reporting per regulatory rules & regulations. Help coordinate customer position notification and delivery status. Coordinate with internal & external stake holders to ensure smooth client experience

Region: EMEA

Working hours are: 3pm - 12am / 4pm - 1am (Malaysian time)

What will you do?

• Balance RBCCM's futures and options positions, money to member exchanges and to Correspondent Brokers (Carry Broker)
• Balance RBCCM's IRS positions & money to member exchanges
• Provide exchange & Correspondent Broker option exercise/assignment coverage and notifications
• Monitor & adjust firms positions at exchange for balancing purposes, including exchange & CFCT large trader
• Handle T+1 trade queries
• Work closely with Global Operations teams, FO Sales and Trading partners and external clients
• Actively contributes to Industry related projects, system upgrades and new business initiatives

Control:

Ensure that the department adheres to the relevant standing orders and operational procedures including escalation. Work to prevent, to detect, and to eliminate the potential for risk and liability to the Firm. Ensure all Regulatory reporting obligations are met by the required deadlines for the businesses that your role is supporting. Ensure business knowledge and understanding of the regulatory requirement for reporting are kept current and relevant and any issues are escalated internally to management, compliance and regulatory Working Group and Steering Committees as relevant.

Payment Verifiers must ensure they understand and abide by the Payment Risk Standing Order at all times, ensuring the following; all payments have a justifiable business reason as to why the payment is required to be made, all payments will utilise a settlement instruction record when there is potential for a re-occurring payment to be made, all settlement instructions must be appropriately authenticated, all payments/ settlement authentication and/or settlement instruction records must adhere to the Segregation of duties requirements.

Regulatory reporting in all its forms, whether to Regulators, Exchanges, CCPs, Trade Repositories or other mandated agencies, poses potential reputational risk to RBC. It is the designees responsibility to ensure all daily tasks are performed in accordance with RBC policies and procedures and key controls, and that all relevant checklists are updated after completing daily tasks. Ensure any critical manual tasks are four-eyed by staff with appropriate knowledge and seniority.

To adhere to mandatory training requirements in Talent link and take a proactive approach to suggesting appropriate additional training as required for the role.

To ensure procedures are up to date and always follow RBC Policies.

Ensure any critical manual tasks are four-eyed by staff with appropriate knowledge and seniority. To adhere to mandatory training requirements in Workday and take a proactive approach to suggesting appropriate additional training as required for the role.

People:

Remain enthusiastic during times of change and communicate support for Management Decisions.

Ensuring a full collaborative working relationship with all global stakeholders, including technology, Operations and the Front Office.

What do you need to succeed?

Must-have

• Diploma/Bachelor's degree in Business, Finance or related discipline preferred.
• A basic knowledge of one or more disciplines: Clearing, Reconciliations, Control, Regulatory Reporting, and Operational Risk Management
• A basic knowledge of RBC and vendor back and middle office and systems
• Detail oriented.
• Futures and Options background.

Nice-to-have

• An understanding of the workings of financial markets, associated operational flows and risks gained from a recognised market participant
• Past or current knowledge of one or more disciplines: Clearing, Reconciliations, Control, Regulatory Reporting, Client On-Boarding, KYC
• Recognised Industry qualifications: CISI, Eurex Clearing Qualified Clearing Staff (QBO).

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 performance based bonuses, flexible benefits, and competitive compensation.

Leaders who support your development through coaching and managing opportunities.

A world-class training program in financial services.

A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded.

Job Skills

Adaptability, Critical Thinking, Customer Service, Decision Making, Effectiveness Measureme