Senior Money Market Settlement & Confirmation Officer

Job Summary

The role is part of North American Business and Client Services that supports pre and post trade deal processing for the RBC Capital Markets Money Markets trading business and its clients. The role ensures that trades are captured and that the confirmation and settlement functions are performed within regulatory guidelines and market best practice principles. The MM Settlements role is a first line of defense to trading businesses, ensures accurate books and records are maintained whilst providing a seamless client experience.
Job Description

What will you do?

Responsible for confirmation and settlement of all MM trades

Ensure all transactions are processed in accordance to the bank rule, Standing orders, circulars, laid-down procedures and local requirements

Ensure all daily processing and settlement tasks for the team are completed in a timely and accurate manner, following established procedures and standing orders of RBC

Ensure intra and EOD checks are conducted daily with any outstanding issues identified and actioned or escalated as appropriate

Provide relief support and other duties as assigned on all functions performed across the teams

Ensure effective channels of communication with both Front Office and internal Global BCS colleagues as well as other functions

Ensure escalation of issues / risks to management

Identify key areas for improvement and development to create operational efficiencies

Prepare monthly attestation PEGA and ESOD

Seek to mitigate and minimize risks

What do you need to succeed?

Must-have

Basic working knowledge in SWIFT, Real Time Payment Systems, International Settlement Rules, Industry codes and best practices

Basic understanding of operational risk, impacts and preventative control framework

Minimum of 1-3 years

Ability to perform analysis of business processes

Ability to work on Statutory Holidays and shift hours

Nice-to-have

Strong PC skills

Flexible and adaptable to different work related situations

Ability to work well under pressure and within timelines while demonstrating calm, logical approach to the situation

What’s in it for you?

Our Client thrive on the challenge to be their best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. Our Client care about each other, reaching their potential, making a difference to their communities, and achieving success that is mutual.

A comprehensive Total Rewards Program including performance based bonuses, flexible benefits, and competitive compensation

Leaders who support your development through coaching and managing opportunities

A world-class training program in financial services

A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded

Job Skills

Active Learning, Communication, Critical Thinking, Customer Service, Operational Delivery, Process Improvements, Time Management
Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO
City:

TORONTO
Country:

Canada
Work hours/week:

37.5
Employment Type:

Full time
Platform:

CAPITAL MARKETS
Job Type:

Regular
Pay Type:

Salaried
Posted Date:

2025-04-25
Application Deadline:

2025-05-10
Note: Applications will be accepted until 11:5+ 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.

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 jobs.rbc.com.