Job Description
What is the opportunity?
Manage North America (US & Canada) Clearing Operations, BCS requirements working on ensuring high STP, scalable processes and an enhanced
client experience through technical enhancements. Co-ordinate with the business and functional partners in the design and requirements for both product
and service development. Develop relationships with vendors/ISVs to optimize the performance of software and help shape roadmap development to
benefit our business strategy.
What will you do?
Manage vendor relationships providing the global business the opportunity to review the latest software developments, enhanced system functionality and optimize processing capability. Contribute to establishing a prioritized project programme to support the business and functional partners, focusing on system release testing, bug fixes and implementation.Partner with CCPs and Industry working groups on market driven initiatives and technology upgrades.Work with North America business partners on new markets, internal bank projects and new services.Review and analyze any required changes to current service offering focusing on technology, resource and cost.Monitor and analyze market infrastructure changes and/or client requests and their potential impacts.Work closely with the BCS teams to identify and implement robust automated solutions.Help provide insight to BCS and QTS strategy to shape the product and service roadmaps accounting for upcoming mandatory market changes and development needs.Contribute in the development of the internal roadmap collaborating closely with QTS focusing on service delivery and functionality requirements.What do you need to succeed?
Required:
In-depth knowledge of one or more disciplines: Clearing, Reconciliations, Control, Regulatory Reporting, and Operational Risk ManagementIn-depth knowledge of RBC and vendor back and middle office and systemsIn-depth knowledge of major Exchange and CCP systemsIn-depth knowledge of CCP BAU practices, adhoc events and associated rules and deadlinesIn-depth knowledge of one or more regulatory regimes, including CASS, Transaction Reporting, MiFID II, EMIREducated to A level standardPreferred:
An understanding of the workings of Financial markets, associated operational flows and risks gained from a recognized market participantPast or current knowledge of one or more disciplines: Clearing, Reconciliations, Control, Regulatory Reporting, Client On-Boarding, KYCRecognized Industry qualifications: CISI, Eurex Clearing Qualified Clearing Staff (QBO)Technical:
SME in one or more Clearing and Settlement disciplines with broad knowledge of FOBO process chainSME in one or more modules of Industry softwareAbility to interpret changes to regulations, assess the impact on the business and implement scalable tactical or strategic solutionsSuperior analytical and investigation skillsWho are your key partners?
Manager, Functional Clearing Operations Team Leads, Internal
Stakeholders (QTS, Finance, Global Markets business units, Legal,
Compliance, Group Risk Management, HR), Exchanges, CCPs,
Industry bodies, Clients, colleagues, external banks and brokers,
ISVs and consultants.
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 compensationLeaders who support your development through coaching and managing opportunities Work in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workFlexible work/life balance options#LI-KA2
Job Skills
Additional Job Details
Address:
RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity:
TorontoCountry:
CanadaWork hours/week:
37.5Employment Type:
Full timePlatform:
CAPITAL MARKETSJob Type:
RegularPay Type:
SalariedPosted Date:
2025-07-31Application Deadline:
2025-08-14Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At 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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