Associate, Fixed Income Trade Support

About this role

<div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><p style="text-align:left"><b><u>Job Description</u></b></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div><p><b>What is the opportunity?</b></p><p>The Associate Trader, under the direction of a licensed trader will assist with billing, trade breaks, and trade allocations in a timely and accurate manner. </p><p>This role involves working with trade operations to resolve issues regarding the billing, comparison, settlement, inventory, and regulatory reporting compliance of fixed income products. </p><p></p><p><b>What will you do?</b></p><p><b>Operational Duties – 70%</b></p><ul><li>Under the direction of a licensed trader, coordinate with trading, correspondents, Financial Advisors, money managers and Operations to resolve comparison and settlement issues

*</li><li>Research issues on the reconcilement and fail reports and correct them in an accurate and timely manner. *</li><li>Process all compliance driven corrections, resolving and improving if prices are out of trading range. *</li><li>Monitor Fail reports / aged settlements

*</li><li>Resolve client trading errors, run error trades, and communicate losses to Financial Advisors. *</li><li>Work with trade operations to resolve transaction discrepancies between the various trading and back-office systems. *</li><li>Research and respond to complex questions from operations, branch offices, management, and others

*</li><li>Serve as a Fixed Income Trade Support subject matter expert on projects.</li></ul><p><b>Projects & Testing – 20% </b></p><ul><li>Participate in the testing and implementation of system and/or process changes. *</li><li>Reduce risk or increase e

Apply for this role on Royal Bank of Canada’s official careers site.