Middle Office Trade Support Senior Analyst - US Municipals

What is the opportunity?

The position will provide Middle Office Trade Support for the Primary and Secondary Municipal Trading Desks and Revenue Generators. This role will be responsible for daily position reconciliations and monitoring DTC settlements and various contract settlement platforms (NSCC, GSCC). Ensure operational efficiency and controls are in place in support of these businesses.  SIE and Series 99 licensing required within 60 days of starting the role.

What will you do?

This individual is responsible for day-to-day trade support activities for our US Municipal Markets Business.  Minimize operational gaps/risks between Revenue Generators and Support teams by connecting-up the organization to support Primary and Secondary Sales and Trading activities.

• Ensure positions are in sync and resolve any position breaks. Resolve Fails and Unmatched trades in a timely fashion. NSCC/RTTM breaks are updated daily with accurate commentary.

• Monitor and control Settlements that are driven by the effective collaboration of Revenue Generating and Support teams.

• Reconcile all trade differences and DKs quickly to ensure all bookings/process is clean and efficient.

• Monitor daily MSRB trade reporting to identify and solve reporting issues.

• Ensure all queries/issues are addressed in a timely fashion. Escalate issues when necessary. Minimize reputational risk to the firm.

• Responsible for ensuring and backing up review of all trade support activities including all transactional and end of day checklists and trade comparison statistics in order to correct any operational problems.

• Suggest enhancements to and/or create reports/procedures to fill any gaps in control.

• Ensure all amendments are accurate and evidenced with Trader approval (when necessary).

• Serve as a resource person for municipal and firm personnel in resolving questions or problems as pertains to municipal operations and trading systems.

• Utilize platforms such as Bloomberg TOMs, Tradeweb, and ICI Impact.

• Assist compliance personnel with various audits, providing documentation and is responsible for answering questions pertaining to operational issues.

• Assist technology teams with enhancements to systems.

• Continue to meet all regulatory obligations and maintain zero tolerance on late resolution of audit items.

• Deliver timely and effective results on all critical business objectives.

• Continue to support all control and regulatory initiatives.

• Streamline operational processes to reduce cost and increase speed.

What do you need to succeed?

Basic Qualifications

• Strong knowledge of FI products, settlements and surrounding processes

• Specific knowledge of settlement processes

• Knowledge of trading regulatory policies and procedures i.e. TRACE, MSRB

• Proficient with trading systems and MS Office

• Excellent problem identification and resolution skills

• Team player with strong communications skills

• Strong organizational skills

• Work with time deadlines requiring ability to prioritize

• Strong leadership skills with ability to delegate tasks appropriately or desire to develop leadership skills.

Other Required Qualifications:

• 4 year degree or equivalent industry experience

• 2-3 years minimum experience

• SIE & Series 99 required within 60 days

Suggested Qualifications:

• Experience with municipal comparison process

• Experience sitting on/supporting the trading floor

• Basic accounting knowledge

• Detailed knowledge of legal and regulatory requirements as applies to municipal securities

• Experience with municipal underwriting

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

Adaptability, Critical Thinking, Decision Making, Interpersonal Relationship Management, Management Reporting, Middle Office, Operational Delivery, Operations Processes, Personal Initiative, Process Improvements, Reconciliations (Inactive), Time Management

Additional Job Details

90 WESTERN PKY:BEDFORDBedfordCanada37.5Full timeCAPITAL MARKETSRegularSalaried2026-01-142026-01-28

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.

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.