Job Description

What is the opportunity?

The Utilities Analyst will be responsible for assisting in resolving margin disputes as a result of exposure differences on OTC uncleared Derivative trades. The incumbent will create daily reconciliation reports and be responsible for analyzing, monitoring, reporting and escalation of trade and portfolio level exposure differences in compliance with regulatory guidelines for in scope counterparties including EMIR, CFTC, SEC.

What will you do?

Produce and analyze exposure reconciliations for in-scope counterparties according to regulatory guidelines including aging and reasons for differences
Track and monitor frequency of required reconciliations based on counterparty trade volumes in compliance with industry regulations
Partner with IT to reduce systemic risk and increase operational efficiencies in the daily process
Case Management and reporting of exposure differences in TriResolve and using EUC tools
Escalating disputes/discrepancies as per Standing Orders and department Operating Procedures
Liaise with internal stakeholders and counterparties to ensure timely resolution of exposure differences in compliance with regulatory requirements
Assist in producing management reporting for KPI purposes
Proactively advise margin teams on potential disputes through the day
Cross-train as required on additional control functions including CSA onboarding

What do you need to succeed?

Must-have

1-2 years’ experience in an client facing operations or middle office role preferably with OTC derivatives and/or reconciliation
College or University Diploma/degree
Advanced skills in MS Excel
Attention to details
Ability to multi-task while adhering to deadlines
Strong organisational and time management skills
Good understanding of the OTC margining workflow under the ISDA-CSA protocols

Nice-to-have

Experience with utilization of AI agents and AI tools in working environment
Experience with maintaining Excel macros or equivalent scripts
Experience with programming languages and data query (e.g. VBA, Python, SQL)
Experience with management information reporting
Familiarity with pricing and valuations of OTC derivatives and risks associated with collateralisation of these products
Familiarity with collateral systems e.g. COLLINE, TriResolve, Acadia
Familiarity with ISDA CSA documents and terminologies
Understanding of regulatory requirements for OTC derivatives reconciliations across regimes in scope for RBC, and ISDA protocols for OTC derivatives uncleared margin best practices
Understanding of OTC derivative trading, lifecycle events and settlement
Understanding of risks and controls framework applied to Capital Markets and the OTC derivative markets

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-KA2

Job Skills

Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process Improvements

Additional Job Details

Address:

90 WESTERN PKY:BEDFORD

City:

Bedford

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-04-09

Application Deadline:

2026-04-24

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.

Collateral Dispute Analyst