Associate Director, Alternative Investment Services
RBC
Job Summary
Job Description
What is the opportunity?
The incumbent is responsible for leading the AIS operation group and for coaching, mentoring, and leading a group of team managers. Responsible for ensuring RBCIS policies & procedures are strictly adhered to and ensuring all department processes & controls are followed. Foster a mindset of client-centric service, professionalism, and collaboration. Encourage and support the implementation of process enhancements, simplification, and automation. Provide oversight of the ongoing production of accurate net asset values (NAVs) for the group’s entire fund and pension range that holds derivatives. Provide oversight of all business processes, risks, audits, regulatory requirements, and key performance metrics (SLAs/KPIs).
What will you do?
- Lead and manage daily derivative operations processes, including trade capture, trade affirmation, settlement, margin management, and lifecycle event processing.
- Oversee exception management, trade breaks, and reconciliation processes to ensure timely and accurate resolution.
- Develop and maintain strong relationships with internal stakeholders (Trading, Risk, Compliance, Technology, Legal, and Middle Office) as well as external counterparties, clearing brokers, and custodians.
- Collaborate with technology and project management teams on system enhancements, automation initiatives, and process improvements.
- Ensure all operational activities adhere to regulatory guidelines and internal policies, maintaining a strong control environment.
- Provide strategic insights and operational leadership on new product launches, market initiatives, and regulatory change programs.
- Mentor, train, and develop team members, fostering a culture of continuous improvement and operational excellence.
- Produce and deliver operational metrics, KPIs, and management reporting to senior leadership.
- Manage and participate in audits, and internal control reviews.
What do you need to succeed?
Must-have
- Bachelor’s degree in finance, Business, Economics, or a related field.
- 8+ years of progressive experience in financial services operations, with a focus on derivative products.
- Strong understanding of derivative instruments including listed futures/options, OTC swaps, forwards, and structured notes.
- Deep knowledge of post-trade processes, clearing and settlement, margining, and trade lifecycle management.
- Demonstrated ability to manage complex operational processes in a high-volume, fast-paced environment.
- Excellent leadership, people management, and mentoring skills.
- Strong analytical, problem-solving, and organizational skills.
- Excellent verbal and written communication abilities.
Nice-to-have
- Accounting designation (CPA, CA, CMA, CGA)
- Other designations (CFA)
- Incumbent is expected to keeping up‑to‑date with changes in the securities markets and Investment regulations
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.
- Excellent exposure to communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriate
- Working with an exciting, close-knit, supportive & dynamic group
- Opportunity to collaborate with other business segments within the bank
- Excellent career development and progression opportunities
- A comprehensive Total Rewards Program including bonuses and flexible benefits
- Competitive compensation
Job Skills
Accounting, Change Management, Coaching Others, Customer Service Management, Financial Accounting Systems, Financial Risk Management (FRM), Operational Delivery, Process Management, Risk Management, Talent ManagementAdditional Job Details
Address:
City:
Country:
Work hours/week:
Employment Type:
Platform:
Job Type:
Pay Type:
Posted Date:
Application Deadline:
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.
Join our Talent Community
Stay 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 jobs.rbc.com.