Senior Associate, GE AMRS Trade Support

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Senior Associate, GE AMRS Trade Support

senior · Trading & Markets

Job Description

What is the opportunity?

Provides operational trade/sales support and operational client service functions in support for GE Delta One Trading and sales for OTC derivatives and listed equities, options, bonds and futures

• First line of contact for client/counterparty and operational staff for all middle and back office related issues and inquiries.
• Primary Escalation point for fellow teammates as well as internal and external parties, in addition to the below First Line of contact listed above
• Lead contributor/participator for Projects and Initiatives within our group/operations and/or function as the conduit for trading and sales
• Allocate institutional orders to client sub accounts.
• Process post trade date corrections and cancel / re-bills.
• Work through the daily fail report and unmatched trades report.  Work with client back office personnel to resolve failing trades and unmatched trades.
• Work with back office to actively monitor settlement exceptions, ensuring timely settlement.
• Work with Toronto P&S / Contracts, R&D and trading as a liaison for street-side clearing.
• Act as a contact for Institutional traders regarding billing, settlement discrepancies and trading errors.
• Manage and reconcile inventory held by the desk. Take the necessary action to help Trading manage their holding within the set boundary
• Reconcile wash and inventory accounts used for Institutional billing.
• Coordinate Buy-in and Sell-out processes between traders, operations, and clients. 
• Coordinate with new accounts group to open and maintain Institutional client sub-accounts.
• Action various reconciliation reports; Imatch and related report Product Control, Sophis support, SPBS, and GEDA.
• Calculation of OTC notes and options and distribute out both internally and externally
• Instrument set up (instruction to internal and external)
• Calculation of “in and out of scope” for 871m issues

What do you need to succeed?

DLO Specific requirements

Daily T0 (Same Day - Critical Path)

• Monitor T0 systematic controls: OMS fills vs swap bookings, trade flow exceptions (SOT > Nemo > Sophis)
• Investigate and resolve any booking breaks before EOD
• Produce and send swap activity report / trade recap to client
• Validate dividend accruals are correct (price return index -- every constituent dividend matters)
• Confirm all trades are booked and reconciled against client fills

Daily T+1

• Produce any T+1 reporting the client and admin request (we’re working with engineering to develop this)
• Follow up on any unresolved exceptions from prior day
• Support valuation queries from client (this is likely before market open)
• Coordinate with settlements on upcoming payments / settlement statements
• Liaise with confirms team on negative affirmation exceptions

Ongoing

• Quarterback all post-trade client service queries (single point of contact internally)
• Coordinate across confirms, settlements, valuations, and collateral teams on client issues
• Monitor for corporate action impacts on swap positions
• Escalate systematic issues (e.g. dividend accrual bug, booking failures) to engineering

Ad Hoc

• Support new fund launches (setup, testing, first-day monitoring)
• Support month-end / quarter-end settlement cycles
• Participate in client operational calls

What’s in It for you?

We are committed to fostering a dynamic, collaborative, and high-performing work environment where you can thrive and make a lasting impact. By joining our team, you will benefit from:

• A comprehensive Total Rewards Program, including competitive compensation, bonuses, flexible benefits, and stock options (where applicable).

• Access to leaders who are invested in your development through coaching and growth opportunities.

• The chance to make a meaningful difference in our communities.

• Opportunities to work on challenging and impactful projects.

• The ability to build strong, enduring relationships with clients.

The expected salary range for this position is $85,000 - $125,000 based on factors such as experience, skills, registration status, market conditions, and business needs. This salary range does not include other elements of total compensation, such as:

• A discretionary bonus.

• Benefits, including a 401(k) program with company-matching contributions, health, dental, vision, life, and disability insurance, and a paid time-off plan.

• Our compensation philosophy recognizes the importance of attracting and retaining top talent by offering a competitive rewards program that:

• Supports a high-performance culture.

• Enables the achievement of strategic organizational goals.

• Generates sustainable shareholder value.

Job Skills

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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.

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