Senior Analyst, Commodities Trade Support
RBC Capital Markets
Job Description
What is the opportunity?
To provide Trade Support for European Commodities OTC business, with a specialization in European natural gas and power products. You’ll help build out this growing business and partner with the front office to ensure the efficient and accurate daily processing of all commodities OTC and Exchange Traded derivatives and physical trades on Openlink systems
This is a full-time permanent position that requires 4 days in the office.
What will you do?
Perform trade validation for Commodities derivatives and physical trades booked into the Openlink booking systems. Analyze the downstream impact of new deals, amendments, cancellations and actively communicate issues to relevant stakeholders.
For trade capture errors, monitor results & exceptions, analyze underlying causes and ensure appropriate, corrective action are taken to reduce the frequency of occurrence and minimize loss.
Liaise with Front Office and all cross functional teams as Commodity Operations’ primary contact for all queries and issues, effectively monitoring, tracking, and escalating any potential risks in a timely manner.
Work closely with Futures Clearing teams to identify and resolve trade breaks on a daily basis.
Perform system troubleshooting and develop technology tools (e.g., VBA macro) as required.
Support new product development as part of a growing business, partner with cross functional teams in testing and sign off.
Ensure that daily and monthly procedures, as detailed in the group’s procedures and standing orders are strictly observed.
Proactively identify opportunities to further streamline processes. Recommend cost efficient and effective controls for Commodity trade processing.
Perform system troubleshooting and develop technology tools (e.g., VBA macro) as required.
What do you need to succeed?
Must-have
Undergradute 's degree in finance, business, economics, or related field (or equivalent work experience).
Strong attention to detail and commitment to accuracy in all tasks.
Proven experience in European Gas and Power OTC Derivatives and Exchange traded products.
Proficiency with Microsoft Excel, including the ability to create formulas, pivot tables, and analyze data.
Excellent written and verbal communication skills.
Ability to organize work and manage multiple priorities in a fast-paced environment.
Nice-to-have
Prior experience with Openlink.
Experience with Bloomberg, trading platforms, or other financial systems.
Proficiency with SQL or other data analysis tools.
What is 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, flexible benefits and competitive compensation
Leaders who support your development through coaching and managing opportunities
Opportunities to work with the best in the field
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team
A world-class training program in financial services.
Agency Notice
RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.
Job Skills
Active Learning, Adaptability, Communication, Critical Thinking, Operational Delivery, Process ImprovementsAdditional Job Details
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Our Employment Opportunities
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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.