Trade Support Reconciliation Analyst

***Please note that this is a 12-month fixed term contract position***

What is the opportunity?

The Fixed Income Derivative Operations group under RBC Capital Markets is looking to hire a Trade Support Reconciliation Analyst to support the Toronto Rates and FX Options reconciliation activities.

The incumbent's primary responsibility is to perform daily reconciliation of nostro and positions between our main trading system (Murex) and our sub-ledger system to ensure accurate reporting for trades related to the Fixed Income Derivative and FX Options business.

What will you do?

Daily Reconciliation:

• Perform daily reconciliation of cash and positions between Murex and sub-ledger systems with a high degree of accuracy.
• Investigate and resolve reconciliation breaks and discrepancies in a timely manner, ensuring all issues are documented and escalated appropriately.
• Review and verify General Ledger entries and Nostro account balances to ensure all transactions are properly recorded.
• Monitor reconciliation reports to identify issues, breaks, and control deficiencies, and promptly implement corrective action.
• Ensure all reconciliations are completed within prescribed deadlines with appropriate documentation and sign-offs.
• Liaise with Front Office, Product Control, IT, and accounting teams to resolve breaks and discrepancies efficiently.
• Take a proactive approach to monitoring the accuracy of the daily reconciliation reports.

Process Improvement and Documentation:

• Actively identify opportunities for process improvement, automation, and enhanced efficiency in reconciliation workflows.
• Assist in ensuring that process manuals and documentation are kept up to date.
• Participate in cross-training initiatives and provide support to other desks as required.
• Assist in scheduled internal and external audits.

What do you need to succeed?

Must-have

• Strong Excel skills including advanced formulas, pivot tables, VLOOKUP/XLOOKUP, etc.
• 2+ years of relevant reconciliation experience in a financial services environment, preferably within capital markets or trading operations.
• High degree of accuracy and attention to detail with strong analytical and problem-solving abilities.
• Ability to work effectively and reliably under pressure in a fast-paced environment with minimal supervision.
• Strong organizational and interpersonal skills with excellent verbal and written communication abilities.
• Team player who can collaborate effectively across multiple functions and geographies.

Nice-to-have

• Understanding of accounting principles and experience reconciling General Ledger accounts and Nostro accounts.
• Experience/working knowledge of rates derivatives products (Interest Rate Swaps, Cross Currency Swaps, Forward Rate Agreements) and related processing procedures.
• Familiarity with trading and risk management systems such as Murex or similar platforms.
• Knowledge of sub-ledger accounting systems and month-end close processes.
• Other technical skills such as Python, VBA, SQL, or other automation tools.

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
• 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

Job Skills

Additional Job Details

RBC CENTRE, 155 WELLINGTON ST W:TORONTOTorontoCanada37.5Full timeContract (Fixed Term)Salaried2026-11-132026-11-29

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.