Derivative Reconciliation Analyst

Job DescriptionWhat is the opportunity? Alternative Investment Services provides Derivative Services for all Investor Services Clients who participate in these products. Services include the valuation of all OTC and Exchange Traded Derivative Products, Full Security Master Creation and Modeling, Term Loan administration, as well as Trade Processing, Margin, & Collateral management and other settlement activities.As the Derivative Reconciliation Analyst in the Alternatives Investment team, you will be responsible for reviewing and analyzing the accounting of all transactions and assisting with the daily, monthly and annual administration of derivatives and term Loans, as well as highly complex portfolios that deal in hedge and mutual funds. You will also be responsible for helping out with the juniors on an ongoing basis. This role requires frequent collaboration with other internal operations and investment teams and external service providers (e.g., fund accounting, agents, and auditors).What will you do? Oversee day-to-day processingPerform daily reconciliation of a variety of Derivatives products including Forwards, Futures, Options, Swaps and Structured ProductsEscalate breaks to the appropriate parties as per procedureAssess Net Asset Value and Market Value calculations for Derivative products being reconciledMonitor and maintain group inbox for internal and external queriesVerify terms and details of Derivatives products including Forwards, Futures, Options and SwapsGenerate derivative reports for the Fund Accounting and Custody Reporting groupsParticipate in ad-hoc projects and initiatives as requiredWhat do you need to succeed?Must-have Minimum 1 year Derivatives experience including experience with year-end processes, audit, transitions and mergers.Strong understanding of how to calculate MTM for all open positions for Derivative productsUnderstanding the performance of a portfolio and ability to decompose the P&LStrong collaboration & team skills; with a focus on cross-group collaborationData driven reportingKnowledge of business analysis, project delivery practices and standards across the project lifecycleNice-to-have Securities experienceEnrolment in CAIA/CGA/CMA/CFA or other recognized accredited program is desirableWorking knowledge of GAAPWhat’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 appropriateWorking with an exciting, close-knit, supportive & dynamic groupOpportunity to collaborate with other business segments within the bankExcellent career development and progression opportunitiesA comprehensive Total Rewards Program including bonuses and flexible benefitsCompetitive compensationJob SkillsActive Learning, Communication, Critical Thinking, Customer Service, Operational Delivery, Process Improvements, Time ManagementAdditional Job DetailsAddress:RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity:TorontoCountry:CanadaWork hours/week:37.5Employment Type:Full timePlatform:WEALTH MANAGEMENTJob Type:RegularPay Type:SalariedPosted Date:2025-10-17Application Deadline:2025-10-31Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt 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.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com