Lead Business Analyst - Royal Bank of Canada

apartmentRoyal Bank of Canada placeToronto calendar_month 

Job Summary

Job Description

What is the Opportunity

RBC Capital Markets is looking for Lead Business Analyst with excellent communication and proven experience in Equity Derivatives Business. The ideal candidate for this position should have good understanding of Pricing Models for Equity Derivative and Structured products and also Risk/Regulatory reporting requirements related to these products.

What will you do?
  • Responsible for generating requirements from the front office and Risk management that will include complex business and financial solutions. Frequent interaction with developers, project managers, front office, quants, and functions.
  • Participate in design and analysis, including understanding deliveries encompassing pricing, risk, trade flow.
  • Understand and document current and future state architecture and functional processes across the Equity derivatives business technology framework.
  • Major contributor in design and analysis of the trading platform, including understanding deliveries encompassing pricing, risk, trade flow.
  • Working closely with FO, Quant, MR, various support teams and other IT teams on a daily basis
  • Carry out analysis of regression & QA results and formally documenting the analysis/providing commentary to business users
  • Work closely with QA and DEV team for root cause analysis for system upgrade GUI/batch test issues and breaks

What do you need to succeed?

Must have:

  • 8+ Years Business analyst experience, including data analysis experience, such as assessing the data, performing data mining & mapping, defining data lineage & transformation rules.
  • Detailed financial knowledge within areas previously supported, in Equity products both cash and derivatives (Options, Futures, Swaps, Exotics, etc.), ideally with experience in other asset classes as well (Fixed income, commodities, multi-asset), including pricing, risk and P&L.
  • A good understanding of P&L analysis, attribution, risks, Greeks, and VaR
  • Comfortable with SQL
  • Excellent communication skills both written and verbal

Nice-to-have:

  • Experience with 3rd party applications a plus (Sophis, Murex, Calypso, etc).
  • Experience with various regulatory risk reporting, (FRTB, Volcker, etc..)
  • General knowledge of front-to-back trade lifecycle: risk frameworks, market data, funding, collateral management, trade execution venues, etc.
  • Good understanding of QA processes and Procedures
  • Experience with Python or other programming languages

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
  • Flexible work/life balance options
#LI-Hybrid

#LI-POST

ROAR # 722908320

Job Skills

Agile Methodology, Business Data Analysis, Business Process Modeling, Communication, Critical Thinking, Decision Making, Derivatives, Equity Derivatives, Group Problem Solving, Interpersonal Relationship Management, Pricing Models, Requirements Analysis, Risk Reporting, Structured Products, Structured Query Language (SQL), Trade Lifecycle

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

  1. 5

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-11-14

Application Deadline:

2024-11-21

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

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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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 jobs.rbc.com.

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