What is the opportunity?

The Business Analyst, Regulatory Services (PL09) supports RBC's Regulatory Services Canada team in ensuring compliant OTC Derivatives regulatory reporting across global jurisdictions. This role bridges business requirements and technical implementation by analyzing regulatory obligations, designing process improvements, conducting user acceptance testing, and collaborating across front office, compliance, and technology teams to meet stringent regulatory standards while maintaining operational efficiency.

What will you do?

Core Responsibilities:

• Requirements and Compliance Analysis The analyst assesses OTC derivatives regulatory reporting requirements across jurisdictions including the SEC, CFTC, and CSA translating complex regulatory mandates into documented business processes and system specifications. This includes analyzing current state processes, identifying gaps, and recommending process reengineering or technology enhancements to improve reporting accuracy and reduce compliance risk.

• User Acceptance Testing and Validation The analyst designs and executes UAT protocols to validate OTC derivatives regulatory reporting systems meet global compliance standards. This includes performing detailed investigations into trade capture, portfolio reconciliation, trade reporting, and party static data systems to identify root causes of exceptions and determine appropriate remediation strategies.

• Requirements Documentation and Tracking The analyst prepares consolidated requirements documentation, identifies and tracks requirements issues throughout implementation phases, and escalates blockers to management and business leadership. Strong documentation discipline ensures alignment between regulatory obligations, business processes, and technical solutions.

• Cross-Functional Collaboration The analyst works collaboratively with compliance, front office, business and client services, IT, trading documentation, project management, and external vendors (DTCC, ISDA, Markitwire, TriOptima) to resolve regulatory reporting exceptions and ensure seamless implementation of regulatory changes.

What you need to succeed?

Required Skills:

• 3–5 years as a Business Analyst or UAT analyst in OTC trade reporting, with solid knowledge of at least one OTC Derivatives product and one or more regulatory reporting jurisdictions (SEC, CFTC, CSA required; EMIR, FCA, HKMA, MAS, ASIC, MIFID considered advantageous).

• Bachelor's degree in Corporate Finance, Finance, or related financial discipline.

• Excellent requirements analysis and documentation skills; strong analytical and problem-solving abilities; expert-level UAT experience in OTC Derivatives trade reporting; working understanding of transaction flows, data integration, and capital markets organization; ability to multitask across regulatory workstreams and manage competing priorities.

• Commitment to RBC's Code of Conduct and highest ethical standards; ability to foster mutual respect, integrity, and collaborative partnerships; strong communication and stakeholder management skills; capability to escalate appropriately and break down barriers to success.

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 compensation

• 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

#LI-KA2

Job Skills

Active Learning, Adaptability, Business Analysis, Business Appraisals, CFTC Regulations, Collaborating, Commodities, Credit Derivatives, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Equity Derivatives, Foreign Currency Exchange, Global Regulatory, Interest Rates, Operational Delivery, OTC Derivatives, Process Improvements, Project Coordination, Regulatory Reporting, SEC Regulations, User Acceptance Testing (UAT)

Additional Job Details

RBC CENTRE, 155 WELLINGTON ST W:TORONTOTorontoCanada37.5Full timeCAPITAL MARKETSRegularSalaried2026-03-302026-04-13

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.