About the Role
Negotiates various types of trading documentation related to global capital markets trading platforms, ensuring adherence to RBC Standing Orders and obtaining necessary approvals for policy deviations.
Responsibilities
- Negotiates industry-standard ISDA and SIFMA master agreements, as well as non-standard agreements with the Law Group.
- Reviews and negotiates regulation-driven documentation, specifically ISDA Variation Margin and Initial Margin agreements.
- Ensures all trading documentation complies with RBC Standing Orders.
- Updates Trading Documentation systems with negotiation status and completed agreement information.
- Ensures appropriate internal systems are updated accordingly.
Requirements
- Demonstrated knowledge of industry-standard master agreements (ISDA & SIFMA, etc.) and various counterparty types (asset managers, corporates, hedge funds, etc.).
- Understanding of risk issues.
- Strong oral and written communication skills.
- Ability to handle a significant and diverse workload.
- Partnership mentality with respect to the rest of the RBC enterprise, including other functions.
- Adaptable and committed to continuous learning.
- Proactive in improving Trading Documentation policies and procedures.
- Legal qualifications/experience are advantageous but not essential.
Skills
- Adaptability
- Critical Thinking
- Customer Service
- Detail-Oriented
- Financial Engineering
- Financial Statement Analysis
- Investments Analysis
- Personal Development
- Personal Initiative
- Teamwork
Location
- BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK
- New York
- United States of America
Work Type
- Full time
- Salaried
Salary/Compensations
- $120,000 - $160,000
Benefits
- Bonuses
- Flexible benefits
- Competitive compensation
- Commissions
- Stock where applicable
- Development opportunities through coaching and leadership support.
- 401(k) program with company-matching contributions
- Health, dental, vision, life and disability insurance
- Paid-off time plan
About the Company
- 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.
- 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.
- 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.
Equal Opportunity
- RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that: Drives RBC’s high-performance culture, Enables collective achievement of our strategic goals, Generates sustainable shareholder returns and above market shareholder value.
