Senior Associate, Middle Office Trade Support

RBC Capital Markets is hiring a Senior Associate to join the Middle Office Trade Support team within Operational Services, based in New York.

In this role, you will ensure the timely and accurate booking, verification, and support of Foreign Exchange trading activities.

Responsibilities

• Ensure all FX trades including spot, forwards, and swaps are booked and verified accurately in the relevant trading and booking systems, with proper assignment of downstream processing flags for confirmations, settlements, and payment processing.
• Perform daily reconciliations across internal and external systems, identifying and resolving breaks in a timely manner to maintain data integrity and operational accuracy.
• Process post-trade events, compressions, and backloads as requested, ensuring all transactions are handled in accordance with standard procedures.
• Ensure that transactions clear within required regulatory timeframes, supporting the firm's compliance with applicable rules and reporting obligations.
• Manage exception queues to ensure smooth trade flow between internal systems and external counterparties, escalating issues as necessary.
• Run daily controls to verify that trades are booked accurately, events are processed correctly, and regulatory deadlines are met.
• Act as a central point of contact for Sales and Trading desks, internal stakeholders, and external clients, managing queries through face-to-face interaction, phone, email, Webex, and Bloomberg Chat.
• Participate in User Acceptance Testing, system enhancements, and process improvement initiatives, proactively identifying inefficiencies and liaising with Technology to drive resolutions or implement fixes.

Requirements

• A minimum of two years of relevant experience within a Middle Office, Operations, or similar capital markets environment is required.
• Candidates should demonstrate a proven track record of managing post trade activity across a range of instruments and workflows, with experience working across multiple internal and external stakeholder groups.
• A solid working knowledge of FX products is required.
• Candidates should demonstrate a clear understanding of the key characteristics of the instruments traded, the associated lifecycle events, and the post-trade processes that underpin the Middle Office function.
• Familiarity with the types of platforms and infrastructure commonly used within a capital markets environment.
• A bachelor's degree in a related field such as Business, Finance, Economics, or a similar discipline is required.

What’s in it for you?

• A comprehensive Total Rewards Program including competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
• 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.
• Opportunities to do challenging work.
• Opportunities to build close relationships with clients.