Manager, Derivative Operations

Job Description

What is the opportunity?

Alternative Investment Services provides Derivative Services for all Investor and Treasury Services Clients who participate in these products.  Services include the valuation of all OTC and Exchange Traded Derivative Products, Full Security Master Creation and Modeling, Term Loan administration, as well as Trade Processing, Margin, & Collateral management and other settlement activities.

As the Manager of Derivative Operation in the Alternatives Investment team, you will be responsible for overseeing all transactions and assisting with the daily, monthly and annual administration of derivatives, as well as highly complex portfolios that deal in hedge and mutual funds. This role requires frequent collaboration with other internal operations and investment teams and external service providers (e.g., fund accounting, agents, and auditors).

What will you do?

• Acts as second-in-command to the Senior Manager and represents AIS with internal business partners and clients as required
• Oversees trade processing, settlements, end of day accounting and overall derivatives accuracy from a NAV perspective
• Accountable for the quality of the services delivered & for the management of a team or an activity - First level of escalation
• Accountable for procedures' validation and implementation and setting clear business objectives for all reports appraisals
• Promote quality client service by motivating, coaching and developing team members
• Identify and share development and training needs, design training plans for the year

What do you need to succeed?

Must-have

•  3+ Experience in Fund Accounting, Derivatives Administration, Fund on Funds, Hedge fund, Pension Reporting and/or Equity Funds
• Team player with strong interpersonal, organizational and communication skills
• Computer Skills:  MS office, knowledge and experience with Derivatives systems and integration
• Flexibility to meet scheduled shift work

Nice-to-have

• Securities experience
• Enrolment in CAIA/CGA/CMA/CFA or other recognized accredited program is desirable
• Working knowledge of GAAP

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.

• Excellent exposure to communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriate
• Opportunity to obtain hands-on experience throughout your role
• Working with an exciting, close-knit, supportive & dynamic group
• Opportunity to collaborate with other business segments within the bank
• Excellent career development and progression opportunities
• A comprehensive Total Rewards Program including bonuses and flexible benefits
• Competitive compensation

Job Skills

Additional Job Details

Address:

City:

Country:

Work hours/week:

Employment Type:

Platform:

Job Type:

Pay Type:

Posted Date:

Application Deadline:

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.

Pay Range

The expected pay range for this position is:

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.

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

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.