Job DescriptionWhat 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 differencesTrack and monitor frequency of required reconciliations based on counterparty trade volumes in compliance with industry regulationsPartner with IT to reduce systemic risk and increase operational efficiencies in the daily processCase Management and reporting of exposure differences in TriResolve and using EUC toolsEscalating disputes/discrepancies as per Standing Orders and department Operating ProceduresLiaise with internal stakeholders and counterparties to ensure timely resolution of exposure differences in compliance with regulatory requirementsAssist in producing management reporting for KPI purposesProactively advise margin teams on potential disputes through the dayCross-train as required on additional control functions including CSA onboardingWhat do you need to succeed?Must-have1-2 years’ experience in an client facing operations or middle office role preferably with OTC derivatives and/or reconciliationCollege or University Diploma/degreeAdvanced skills in MS ExcelAttention to detailsAbility to multi-task while adhering to deadlinesStrong organisational and time management skillsGood understanding of the OTC margining workflow under the ISDA-CSA protocolsNice-to-haveExperience with utilization of AI agents and AI tools in working environmentExperience with maintaining Excel macros or equivalent scriptsExperience with programming languages and data query (e.g. VBA, Python, SQL)Experience with management information reportingFamiliarity with pricing and valuations of OTC derivatives and risks associated with collateralisation of these productsFamiliarity with collateral systems e.g. COLLINE, TriResolve, AcadiaFamiliarity with ISDA CSA documents and terminologiesUnderstanding of regulatory requirements for OTC derivatives reconciliations across regimes in scope for RBC, and ISDA protocols for OTC derivatives uncleared margin best practicesUnderstanding of OTC derivative trading, lifecycle events and settlementUnderstanding of risks and controls framework applied to Capital Markets and the OTC derivative marketsWhat’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 compensationLeaders who support your development through coaching and managing opportunitiesWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workFlexible work/life balance options#LI-KA2Job Skills Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process ImprovementsAdditional Job DetailsAddress: 90 WESTERN PKY:BEDFORDCity: BedfordCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: CAPITAL MARKETSJob Type: RegularPay Type: SalariedPosted Date: 2026-04-09Application Deadline: 2026-04-24Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveOur Employment OpportunitiesAt 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.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.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 .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.
