Associate Director, TES Business Analyst

What is the opportunity?

The primary purpose of this role is to provide comprehensive business analysis expertise across front office order and execution management systems and middle office settlements and clearing operations for equities and equity linked products (e.g. Equity Options). The candidate will work as part of cross-functional teams to analyze business requirements, document processes, and facilitate solutions in close coordination with equity trading desks, settlements operations, clearing services, and technology teams. Strong communication, stakeholder management, and analytical skills, along with agile methodology experience are required.

What will you do?

• Front Office Trading Systems Analysis: Analyze existing NextGen application suite functionality, gather enhancement requirements, and support migration planning efforts; Collaborate with trading desks to identify performance optimization opportunities and document business requirements for low latency solutions; Partner with Development, QA, and Support teams to translate business requirements into technical specifications for trading systems; Engage with business stakeholders to gather requirements for new features in NextGen OMS, Risk Engine, Consolidator and customizations

• Middle Office Operations Analysis:  Lead and participate in settlements and clearing services projects of various sizes, serving as primary business analyst contact while providing expertise for successful execution; Research, formulate, propose and implement strategic solutions focusing on post-trade lifecycle process improvements through streamlining, simplification, elimination of redundancies, automation, and standardization ; Analyze settlement, clearing, and reconciliation functions, workflows & systems across Capital Markets asset classes; Document and optimize processes involving Central Counterparty (CCP) and Central Securities Depository (CSD) functions

• Cross-Functional Responsibilities:  Develop comprehensive understanding of end-to-end trade lifecycle from execution through settlement ; Document UAT strategies and create test cases for both trading and operations systems ; Support fast-moving release cycles through efficient requirements gathering and stakeholder communication across front and middle office functions

• Front Office: Proactively identify operational risks/control deficiencies in trading and settlement processes ; Review and comply with Firm Policies applicable to your business activities; Escalate operational risk loss events, control deficiencies and risks to your line manager and relevant risk functions on a timely basis

What do you need to succeed?

Must have:

• Bachelor’s degree in finance, Engineering, Science, Math or equivalent relevant experience

• 5+ years of Capital Markets Operations Business Analyst experience

• Comprehensive settlements operations experience with deep knowledge of post-trade lifecycle processes

• Proven track record analyzing electronic trading applications, order management systems, and risk management systems

• Expertise across settlement, clearing, reconciliation functions, workflows & systems

• Strong understanding of CCP and CSD functions in capital markets context

• Proven ability to manage processes and stakeholders across end-to-end capital markets journeys

• Strong analytical and documentation skills with ability to translate complex business requirements

• Experience with requirements gathering, process mapping, and stakeholder management

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, commissions, and stock where applicable

Leaders who support your development through coaching and managing opportunities

Ability to make a difference and lasting impact

• Work in a dynamic, collaborative, progressive, and high-performing team

• A world-class training program in financial services

• Flexible work/life balance options

• Opportunities to do challenging work

• Opportunities to take on progressively greater accountabilities         

• Access to a variety of job opportunities across business and geographies

Job Skills

Agile Methodology, Business, Business Data Analysis, Business Needs, Business Process Modeling, Commercial Acumen, Communication, Critical Thinking, Decision Making, Group Problem Solving, Information Technology (IT), Interpersonal Relationship Management, Requirements Analysis, Software Requirements, System Specifications, Test Plans

Additional Job Details

RBC CENTRE, 155 WELLINGTON ST W:TORONTOTorontoCanada37.5Full timeCAPITAL MARKETSRegularSalaried2025-11-032025-11-05

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 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.