Reconciliations Analyst

What is the opportunity?

RBC Global Asset Management (UK) Limited is seeking a capable Associate to join the Operations Control team within our Operations department, based in our London office. The team is responsible for producing reconciliations across cash balances, transactions, positions (stock and listed derivatives), and intra-system reconciliations.

You will play a pivotal role by ensuring the validity and integrity of data used in our reconciliations, producing reconciliation reporting, and driving operational enhancements. Beyond day-to-day reconciliation work, you'll have the opportunity to contribute to strategic process improvements that support the broader operations function—making a tangible impact on how we operate at scale.

Should you be shortlisted, do please let us know if you have any specific requirements for the interview.

This is a permanent, full-time role and requires 4 days in the Bishopsgate office.

What will you do?

• Produce daily reconciliations of cash, positions, and transactions between our internal systems and external parties (custodians, clearing agents, prime brokers), adhering to established timelines.

• Review daily processes to identify and address trends or concerns with breaks.

• Assist in resolving position issues raised by Investment Teams or Finance, investigating as necessary to identify root causes.

• Work closely with external vendors to understand trade flow requirements, bank ledger postings, and cash payment deadlines.

• Collaborate with internal teams to support the full client lifecycle, starting with fund onboarding.

• Recommend and support implementation of system improvements to increase efficiency and mitigate risk.

• Take full ownership of your work, maintaining awareness of system upgrades, enhancements, and regulatory compliance requirements.

• Contribute to ad-hoc and scheduled projects as we migrate to new platforms, driving process improvements.

What do you need to succeed?

Must-have

• Experience in a Reconciliation Analyst role or similar position within the financial services industry, with a particular focus on cash and stock reconciliations preferred.

• Prior use of reconciliation systems such as SmartStream TLM, Intellimatch, Broadridge, or similar tools.

• Ability to operate within a control framework under time-sensitive deadlines.

• Strong organisational skills.

• Good communication and analytical skills, with keen attention to detail.

• A proactive, self-starter mindset with a logical approach to problem-solving and a dependable work ethic.

• Demonstrated ability to work effectively both independently and as part of a team, taking ownership of assigned tasks and delivering with urgency.

Nice-to-have

• Experience with ETD (Exchange Traded Derivatives) and OTC reconciliation processes.

• Familiarity with exposure reconciliation through Tri-Resolve.

• Experience with EMIR portfolio reconciliation.

• Knowledge of fixed-income assets and derivative products.

• Working knowledge of MT535/MT940/MT950/CAMT.053 SWIFT messages and custodian flat files used for reconciliation. Experience with MX message base is advantageous.

What is in it for you?

We believe in progressive thinking, continuous growth, and working together to deliver trusted advice that helps our clients thrive and communities prosper. We care about each other, reaching our potential, and achieving mutual success.

• 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 and develop deep expertise in reconciliations and operations.

• Ability to make a difference and lasting impact on how we operate at scale.

• Work in a dynamic, collaborative, progressive, and high-performing team.

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, Data Reconciliation, Decision Making, Effectiveness Measurement, Financial Reconciliations, Operational Delivery, Position Reconciliation, Process Improvements, Stock Reconciliation, Trade Reconciliation

Additional Job Details

100 BISHOPSGATE:LONDONLondonUnited Kingdom35Full timeWEALTH MANAGEMENTRegularSalaried2026-06-182026-07-02

Note: 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.

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.