- Location
- PERSIARAN IRC 2, IOI RESORT CITY IOI CITY TOWER ONE:PUTRAJAYA, Malaysia
- Type
- Full-time
- Department
- Legal
- Closing date
- Today
- Source
- Workday
Description
Job Description
The CM Canadian Regulatory Services group is responsible for ensuring the ever changing regulatory reporting requirements imposed by various global Regulators for OTC Derivatives are successfully implemented and executed. This role is responsible for ensuring compliance with the trade reporting regulations including but not limited to CFTC, CSA and SEC for OTC Derivatives trading. The role will involve daily reconciliations and exception monitoring, investigation, issue management and MI reporting.
Working Hours: 9.00AM -6.00PM / 3.00Pm -12.00AM
What will you do?
- Perform daily and weekly trade reporting reconciliations
- Perform investigations and determine root causes leading to regulatory rejections
- Perform daily Global Trade Repository warning report review, daily exception monitoring and issue management
- Counterparty reconciliations to Global Trade Repository
- Perform onboarding processes related to portfolio reconciliation.
- To ensure all daily tasks / controls are completed in line with the departmental procedures.
- To continue to develop product / market knowledge to ensure daily processes are appropriate to reduce operational risks.
- To investigate any processing issues and recommend a course of action to the Team Manager. Once approved, assist in the execution of the proposed change.
- To support colleagues during busy periods by sharing workloads as applicable.
- To adhere to mandatory training requirements and take a proactive approach to suggesting appropriate additional training as required for the role.
- Liaise with Front Office, COO, Compliance, IT, Trading Documentation Team, and Client Data Management to resolve any client issues
- Escalate trade reporting issues to Senior Management and Compliance as deemed necessary
- Achieve and maintain highest levels of customer Service
- Analyze current state processes to provide suggestions for process re-engineering and technology implementation to improve efficiency and controls.
- Effectively communicate and build rapport with team members, stakeholders and business partners using a variety of techniques and collaboration from initiation to close.
What do you need to succeed?
Must-have
- 1+ years of operational experience in a busy, high risk and demanding operational environment
- Bachelor’s degree specializing in Business, Finance, Math or Engineering
- Solid understanding of procedures and operational controls as they relate to systems and work flows
- Detailed understanding of the fundamentals of Capital Markets trading and the transaction lifecycle
- Working knowledge of OTC Derivative products
- Knowledge of CFTC, SEC, CSA and other global derivatives reform regimes
- Excellent communication skills – both verbal and written, including presentation skills
- Able to manage multiple priorities, work under pressure, learn quickly, and perform new tasks accurately, effectively, and efficiently
- Familiarity with front, middle and back office applications (Bloomberg, Sophis, TradeWeb, MarkitWire, Murex, DTCC etc.)
- Skillful in Microsoft Office Suite (Outlook, Excel, Access, PowerPoint, Word, Visio, etc.)
Nice-to-have
- Detailed understanding of RBC Capital Markets organizational structure (front office sales and trading, middle office, product control, back office operations, regulatory/compliance, etc.)
- Proficiency in VBA (Visual Basic for Applications) or Python is an asset
Job Skills
Audits Compliance, Communication, Critical Thinking, Data Gathering Analysis, Detail-Oriented, Financial Regulation, Group Problem Solving, Internal Controls, Microsoft Office, Operational Requirements, Organizational Governance, OTC Derivatives, Portfolio Reconciliation, Problem Analysis, Regulatory Operations, Root Cause Analysis (RCA), Root Cause Problem Solving, Time Efficiency, Time ManagementAdditional Job Details
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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.
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