Trade Support Analyst

1 month ago

New York, New York, United States Royal Bank of Canada Full time

Job Summary

Job Description

What is the opportunity?

You primary focus will be on day-to-day deliverables, developing solutions based upon subject expertise, and occasionally representing the department or function at a broader level.

You will provide Trade Support for the Primary and Secondary Fixed Income Trading Desks and Revenue Generators (Municipal Tender Option Business, Investment Grade, High Yield, Asset Backed, Money Markets, CLOs, and Structured Rates) including the daily reconciliation, support and associated Contract/DTC/Euroclear/FED settlement of Fixed Income and Equity Products.

What will you do?

  • Trade support of Debt Capital Markets and Secondary Corporate Trading desks for Corporate, ABS and CLO securities, Equity, Private Equity, ETF, Distressed, and US Treasuries bonds.
  • Ensure proper controls are in place to resolve trade breaks in a timely manner, meet all regulatory reporting requirements (TRACE, ACT I OATS, Reg M), Balance positions, monitor GSCC, NSCC, DTC and Euroclear settlements using the Fl and Equity Fail reporting process.
  • Use Bloomberg TOMs, ICI Impact, Fidessa, SOPHIS, Fenergo, TOB Database, Muni DSS, MS Excel, I-Synd, Cognos.
  • Monitor/ Action Reconciliations (Position, Transaction, Security) in several systems, request CUSIPs, request and validate Bloomberg Description Pages / ICI Impact security and fee Setups are correct, FINRA TRACE setups, verify Trades details in Bloomberg TOMS / ICI are accurate, verify accuracy of updates in front end systems and monitor / action Trade Under Repair queues.
  • Prepare and send internal announcements to align downstream teams, ensure updates / changes are communicated to relevant ops teams (i.e. Syn Ops, Sec Master). Ensure smooth settlement on settlement date (working w/ Syn Ops and R&D).
  • Handle operational ad-hoc queries from Desk, Product Control, Financial Controls, and Syndicate Operations.
  • Support the implementation of new business initiatives while maintaining efficiencies and controls.
  • Minimize operational gaps/risks between Revenue Generators and Support teams by connecting-up the organization to support Primary and Secondary Sales and Trading activities.
  • Ensure all queries/issues are addressed in a timely fashion. Escalate issues when necessary. Minimize reputational risk to the firm.
  • Suggest enhancements to and/or create reports/procedures to fill any gaps in control.
  • Reconcile all trade differences and OKs quickly to ensure all bookings/process is clean and efficient.
  • Ensure positions are in sync and resolve any position breaks. Resolve Fails and Unmatched trades in a timely fashion.
  • Ensure FOBO, NSCC, GSCC, Ex-Clearing, and Fail Report is updated daily with accurate commentary.
  • Monitor and control Settlements that are driven by the effective collaboration of Revenue Generating and Support teams. Liaise with Trading Desk and Stock Loan/Repo on deliveries where there is a short position. Monitor progress ofReorg Conversions and Tenders on FOBO as well as l 44a/RegS tracking spreadsheet (if applicable).
  • Monitor Commercial Paper to remedy issues with IP A/Issuer.
  • Ensure all amendments are accurate and evidenced with Trader approval (when necessary) in End of Day spreadsheet for audit transparency.
  • Monitor KRis to ensure items do not reach Amber/ Red status. In the event a KRI does reach those statuses, attempt to resolve in a timely fashion.
  • Assist technology teams with enhancements and systems testing.

What you need to succeed?

  • 4 year degree or equivalent industry experience
  • Strong knowledge of FI products and knowledge of settlement processes
  • Knowledge of trading regulatory policies and procedures i.e. TRACE, ACT I OATs
  • Proficient with trading systems and personal computers

Nice-to-have

  • Series 7 & 63 licenses

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 bonuses and flexible benefits, competitive compensation
  • Leaders who support your development through coaching and managing opportunities
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work
  • Flexible work/life balance options

The good-faith expected salary range for the above position is $75, ,000 USD depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

  • Drives RBC's high performance culture
  • Enables collective achievement of our strategic goals
  • Generates sustainable shareholder returns and above market shareholder value

Job Skills

Capital Markets, Communication, Critical Thinking, Customer Service, Fixed Income Investments, Interpersonal Relationship Management, Money Markets, Operational Delivery, Process Improvements, Time Management, Trading Desks

Additional Job Details

Address:

BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK

City:

New York

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

Capital Markets

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
​​​​​​​
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

Join our Talent Community

Stay 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

  • Equities Trade Support Analyst

    6 days ago

    New York, New York, United States Phyton Talent Advisors Full time

    Company Overview: Phyton Talent Advisors is a leading recruitment firm specializing in the financial services sector.Position Summary: We are currently seeking an Equities Trade Support Analyst to join our client, a prominent investment banking institution.Key Responsibilities:Facilitate collaboration across various departments, including Technology, Product...

  • Junior Analyst for Trading Systems Support

    5 days ago

    New York, New York, United States Brooksource Full time

    Position: Junior Analyst for Trading Systems SupportLocation: Flexible Hybrid Work EnvironmentContract Type: 6–8-month contract with potential for permanent placementBrooksource is in search of a dedicated and skilled Junior Analyst for Trading Systems Support to enhance our client's team, a prominent player in the financial services sector. This position...

  • Trading Systems Support Analyst

    5 days ago

    New York, New York, United States Insight Investment Full time

    Insight Investment Trading Systems Support AnalystAs a vital member of our team, you will:Deliver user-centric assistance across various sectors of the Insight organization.Assess and prioritize challenges based on their potential impact on business operations.Devise lasting solutions for recurring issues.Take full responsibility for reported challenges from...

  • Quantitative Trading Analyst

    1 month ago

    New York, New York, United States Selby Jennings Full time

    Partnered with a $5bn Multi Manager Hedge Fund looking for a Quantitative Trading Analyst and a Jr. Quantitative Vol Trader to join their Volatility Arbitrage Central Team.These candidates will be working alongside the portfolio managers, researchers and developers in supporting daily trades, analyzing and optimizing current strategies.What you'll be...

  • Physical Metals Trading Analyst

    6 days ago

    New York, New York, United States Software Guidance and Assistance, Inc. Full time

    Software Guidance & Assistance, Inc. (SGA) is seeking a skilled Physical Metals Trading Analyst with expertise in Trading & Risk Management for a contract role with a leading financial institution. This position requires a hybrid work arrangement, with in-office presence expected a few days each week.Key Responsibilities:Collaborate with Traders,...

  • Senior Trade Support Specialist

    4 weeks ago

    New York, New York, United States TekisHub Consulting Services Full time

    Senior Trade Support Specialist / Analyst @ New York City, NY Role Responsibilities:Provide Application Support for multiple Equity Sales and Trading Applications focusing on Bloomberg and Fidessa/OMS Provide front office and operational support to traders across various regions Support trading platforms during high paced production trading scenarios Be able...

  • Statistical Analyst for Trading Strategies

    5 days ago

    New York, New York, United States augmentjobs Full time

    Join Our Team as a Financial Data AnalystWe are looking for a skilled professional to become part of our organization as a Financial Data Analyst. In this position, you will leverage mathematical frameworks and statistical methodologies to interpret financial information and address intricate challenges. Collaborating closely with the quantitative research...

  • Business Performance Analyst

    6 days ago

    New York, New York, United States The Trade Desk Full time

    Company Overview:The Trade Desk is a pioneering technology firm dedicated to fostering a more transparent and equitable internet through principled advertising practices. Our platform processes over 1 trillion queries daily, operating at an unparalleled scale. We pride ourselves on cultivating an award-winning culture characterized by trust, ownership,...

  • Trading Systems Support Specialist

    5 days ago

    New York, New York, United States QUANTEAM - North America (RAINBOW PARTNERS Group) Full time

    Company OverviewQuanteam, as the founding entity of RAINBOW PARTNERS, is a consulting firm dedicated to the Banking, Finance, and Financial Services sectors. Our commitment to core values such as collaboration, diversity, and excellence drives our team of 1,000 skilled consultants from 35 different nationalities, working across 10 international...

  • Trading Systems Support Specialist

    10 hours ago

    New York, New York, United States QUANTEAM - North America (RAINBOW PARTNERS Group) Full time

    Company OverviewQUANTEAM, part of the RAINBOW PARTNERS Group, is a distinguished consulting firm dedicated to the realms of Banking, Finance, and Financial Services. Our ethos is built on the principles of collaboration, diversity, and excellence, with a team of 1,000 skilled consultants from 35 nationalities, operating across 10 global offices.Position...

  • Trading Systems Support Specialist

    5 days ago

    New York, New York, United States QUANTEAM - North America (RAINBOW PARTNERS Group) Full time

    Company OverviewQUANTEAM, a key player within the RAINBOW PARTNERS Group, is a consulting firm dedicated to the Banking, Finance, and Financial Services sectors. Our team of 1,000 skilled consultants, representing a diverse range of 35 nationalities, operates across 10 international offices, fostering a culture of collaboration, diversity, and...

  • Trading Systems Support Specialist

    7 hours ago

    New York, New York, United States QUANTEAM - North America (RAINBOW PARTNERS Group) Full time

    Company OverviewAs a pioneering entity within RAINBOW PARTNERS, Quanteam is a consulting firm dedicated to the sectors of Banking, Finance, and Financial Services. Our commitment to core values such as collaboration, diversity, and excellence drives our team of 1,000 skilled consultants, representing 35 different nationalities, across 10 international...

  • Credit Middle Office Trade Support

    4 weeks ago

    New York, New York, United States Alliance Sourcing Network Full time

    Middle Office Sales Support team is responsible on supporting the Front Office Sales in the business of dealing FX.You will take charge the control and support functions of the operations initiated by the New York Front Office Sales, from the negotiation, recording and processing of the transactions.Your role will be to facilitate and smooth the processing...

  • Post Trade Operations Analyst

    11 hours ago

    New York, New York, United States Marsh & McLennan Companies Full time

    Company: Oliver Wyman Position Overview: ABOUT CELENT Celent, a division of Oliver Wyman, stands as a premier international research and advisory firm dedicated to providing actionable insights to clients within the financial services sector. Our mission is to elucidate how emerging technologies can disrupt traditional business models and create innovative...

  • business analyst-- murex and trade applications

    4 weeks ago

    New York, New York, United States Primesoft consulting services Inc Full time

    MUREX TRADE ANALYSTLocation:New York City (Day one Onsite)- NO REMOTEJob Description:PRIMARY FUNCTION:Ideal candidate must have functional and technical knowledge of Bonds.Daily IT support of Murex application, project management and development.Interpersonal skills are required as there is constant interaction with Front office and other departments.Main...

  • Revenue Insights Analyst

    6 days ago

    New York, New York, United States The Trade Desk Full time

    Company Overview:The Trade Desk is a leading global technology firm dedicated to fostering a more open and equitable internet through principled and intelligent advertising solutions. Our platform processes over 1 trillion queries daily, operating at an unmatched scale. We pride ourselves on our award-winning culture, which is rooted in trust, ownership,...

  • 2025 Systematic Trading Analyst Program

    2 weeks ago

    New York, New York, United States JPMorganChase Full time

    Job Description Join our 2025 Systematic Trading Analyst Program - Summer Internship in the United States and be part of a team that pushes the boundaries of data science, algorithms, and financial markets. Our Systematic Trading teams create innovative solutions and strategies for the world's most competitive financial markets, delivering top-tier client...

  • Lead Business Systems Analyst for SAP Global Trade Services

    6 days ago

    New York, New York, United States Abode Techzone LLC Full time

    Lead Business Systems Analyst for SAP Global Trade Services (GTS) 100% Remote Opportunity Contract to Hire Position U.S. Citizens, Green Card Holders, and those authorized to work in the U.S. for any employer will be considered Seeking candidates with extensive experience Abode Techzone LLC is excited to present a unique opportunity within our...

  • Fixed Income Trading Application Support Specialist

    6 hours ago

    New York, New York, United States QUANTEAM - North America (RAINBOW PARTNERS Group) Full time

    Company OverviewQUANTEAM, part of the RAINBOW PARTNERS Group, is a consulting firm with a strong focus on Banking, Finance, and Financial Services. Our diverse team of 1,000 professionals from 35 nationalities operates across 10 international offices, embodying our values of collaboration, excellence, and diversity.Position SummaryWe are looking for a...

  • Financial Trading Support Specialist

    6 days ago

    New York, New York, United States Tandym Health Full time

    Tandym Health is seeking a detail-oriented and analytical Financial Trading Support Specialist to enhance their dynamic team. This position is crucial for the operational efficiency of the trading desk, focusing on various support activities essential for seamless trading operations. Key Responsibilities The Financial Trading Support Specialist will...