Associate Director, Derivatives Confirmations, Head of EMEA

4 weeks ago


London, United Kingdom Royal Bank of Canada Full time

Come Work with Us

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

Associate Director, Derivatives Confirmations, Head of EMEA & APAC

Job Description

What is the opportunity?

As the regional head of Derivatives Confirmations, you will mitigate legal, operational, economic, regulatory, and reputational risk associated with derivatives transactions while ensuring you and your team provide quality service to our internal business partners and external clients and represent the Bank in a professional manner at all times.

This role is part of the global Market & Business Services Derivatives Confirmation Group that covers asset classes including Credit, Commodities, Equities, FX, Rates, and any hybrids thereof. As such, this mandate may be subject to change in accordance with evolving business needs.

What will you do?

Ensure structured derivative transactions are documented promptly in accordance with:

  • regulatory guidelines (e.g., Dodd-Frank & EMIR) and applicable laws (871(m) U.S. HIRE Act)
  • market practice in the Bank Dealer world;
  • ISDA Definitions; and
  • the bank's relevant Standing Orders, business process flows and procedures;
  • Advise/liaise with Sales and Trading (and Legal, Compliance, Tax, and Trading Documentation Group, as appropriate) to negotiate with counterparties/clients on documentation-related issues (pre-deal and post-deal) and trade structuring, ensuring such terms risks to the Bank; and are acknowledged and understood by all stakeholders (including SPBS).
  • Ensure team draft accurate confirmations and bilaterally execute them per regulatory timelines by reviewing and facilitating new transactions through to execution, inclusive of collating all internal sign-offs and timely escalating and resolving any lengthy delays related to confirmation execution.
  • Anticipate and facilitate new business initiatives and industry developments *eg regulatory, IBOR Reform, BREXIT, USD T+1 settlement cycle migration), which will entail researching and building trade/trade confirmation workflows, conducting detailed analyses, pulling and analyzing metrics, and drafting procedures whilst partnering with QTS, other pillars of BCS, Compliance, etc. as required.
  • Deliver on BCS- and MBS-driven requirements. Typically, these requirements include the creation and analysis of metrics, raising and remediating operational risk events, setting business goals for the team, and preparing data and decks for ad hoc requests that come through.
  • Managerial duties entail: Upskilling staff through regular coaching and feedback as well as recruiting, retaining and developing top talent. Also partnering with the Derivatives Confirmations NY Head to support cross-training and of staff in different locations, as required,

What do you need to succeed?

Must-have

  • Extensive industry experience with strong knowledge / understanding of capital markets operations.
  • Solid understanding of the ISDA documentation framework and several years structured notes & products experience.
  • Strong communication and escalation skills.
  • A good understanding, constant vigilance, and mitigation of legal, operational, economic, regulatory, market, counterparty, credit and reputational risk.
  • Strong metrics production (Excel, Tableau, etc.) and analytical skills and high level of numeracy
  • A calm, logical, and disciplined approach to managing competing priorities, problem solving, and housekeeping

Nice-to-have

  • Experience with ISDA Documentation
  • Infinity, Murex, Sophis & Workflow familiarity, MarkitWire.
  • Good familiarity with the various processes involves in confirmation as well as support systems.
  • Ability to prepare a wide range of legal documents for financial transactions

What is 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, flexible benefits and competitive compensation
  • Leaders who support your development through coaching and managing opportunities
  • Opportunities to work with the best in the field
  • 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 working options fully supported.

Job Summary

Address:

London, United Kingdom of Great Britain and Northern Ireland

City:

GBR-GREATER_LONDON-LONDON

Country:

United Kingdom

Work hours/week:

35

Employment Type:

Full time

Platform:

Capital Markets

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2023-02-16

Application Deadline:

2023-04-06

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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 rbc.com/careers.



  • London, Greater London, United Kingdom Royal Bank of Canada Full time

    Come Work with UsAt RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that...


  • London, United Kingdom eFinancialCareers Full time

    **Job Purpose**: Head of Legal for the EMEA Strategic Equity Solutions (SES) business. The position offers a commercially-minded finance lawyer the opportunity to lead and manage the legal team in London covering the EMEA Strategic Equity Solutions business within the Markets division of Citi's Institutional Clients Group (ICG). The team adviseson the full...


  • London, United Kingdom JPMorgan Chase & Co. Full time

    The role will involve daily interaction with Sales, Trading, Clients, Legal, Middle Office & Operations groups globally as well as frequent interaction with technology and project delivery teams with respect to drafting a range of structured equity underlying derivative confirmations. You will need to have a clear understanding of Equity Derivatives trade...


  • London, United Kingdom Marlin Selection Ltd Full time

    Equity Derivatives Operations - Associate We are an established futures brokerage firm headquartered in the vibrant financial hub of London. With a focus on innovation, integrity, and client satisfaction, we provide comprehensive financial services to institutional clients worldwide. Our dynamic team thrives on collaboration and continuous learning, making...


  • Brentford, Greater London, United Kingdom SEGA European Head Office Full time

    Working Model: Hybrid SEGA employees are passionate about entertaining the world with creative, innovative experiences while being part of a vibrant gaming community. We are a global company with the resources to match, coupled with a place where everyone knows each other on a first-name basis, working together to create innovative experiences, one...


  • London, United Kingdom Colliers International EMEA Full time

    Company Description Colliers is a leading diversified professional services and investment management company. With operations in 66 countries, our more than 19,000 enterprising people work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. We are at the forefront of the real estate...

  • EMEA Finance Director

    1 month ago


    London, United Kingdom Colliers International EMEA Full time

    Company Description Colliers is a leading diversified professional services and investment management company. With operations in 66 countries, our more than 19,000 enterprising people work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. We are at the forefront of the real estate...


  • Brentford, Greater London, United Kingdom SEGA European Head Office Full time

    Working Model: Hybrid Why Us: SEGA employees are passionate about entertaining the world with creative, innovative experiences while being part of a vibrant gaming community. We are a global company with the resources to match, coupled with a place where everyone knows each other on a first-name basis, working together to create innovative...

  • Head of Employment

    6 days ago


    City of London, Greater London, United Kingdom Ryder Reid Legal Full time

    Job Description Are you a seasoned senior HR professional with broad international experience, known for your hands-on, collaborative approach and versatile generalist skills? The Human Resources Director for EMEA directly reports to the Firmwide Senior HR Director. This role entails close collaboration with the Directors of Administration (DOAs) on all...

  • Head of Employment

    5 days ago


    City of London, Greater London, United Kingdom Ryder Reid Legal Full time

    Are you a seasoned senior HR professional with broad international experience, known for your hands-on, collaborative approach and versatile generalist skills? The Human Resources Director for EMEA directly reports to the Firmwide Senior HR Director. This role entails close collaboration with the Directors of Administration (DOAs) on all HR matters within...


  • London, United Kingdom OFX Full time

    Company Description **Hi.** We’re OFX, a global provider of online, international payment services. We solve the complexity of moving money and enable better decisions. Headquartered in Sydney with offices worldwide, we’re a customer-focused business that is all about inspiring customer confidence. At OFX, you’ll have the opportunity to reach beyond...

  • Emea Head of M&a

    4 weeks ago


    London, United Kingdom Citi Full time

    **Job Description**: The Head of EMEA M&A is a core role within Citi’s Banking, Capital Markets and Advisory (BCMA) business. M&A is housed within BCMA’s Investment Banking unit (IB) which provides tailored financial solutions and strategic advisory services on a wide range of M&A transactions and capital-raising activities including mergers,...


  • London, United Kingdom Vimeo, Inc. Full time

    We are seeking a dynamic and strategic leader to join our team as the EMEA Regional Marketing Director. This role will be instrumental in driving pipeline growth across the EMEA region through regional demand generation initiatives, closely aligned with corporate and local strategies. What you’ll do:  Regional Marketing Strategy: Develop and...


  • London, United Kingdom Page Executive Full time

    Our client is an international investment bank Exciting opportunity for a VP / Director Infrastructure Project Finance EMEA to join a leading international investment bank in London. Key responsibility for the origination, execution and distribution of limited recourse or structured financings for power and infrastructure projects in EMEA Utilise all...


  • London, United Kingdom Page Executive Full time

    Our client is an international investment bank Exciting opportunity for a VP / Director Infrastructure Project Finance EMEA to join a leading international investment bank in London. Key responsibility for the origination, execution and distribution of limited recourse or structured financings for power and infrastructure projects in EMEA Utilise all...


  • City of London, United Kingdom WALKER COLE INTERNATIONAL LTD Full time

    Walker Cole International is searching for a Head of Business Development - EMEA to join a specialty pharmaceutical company head quartered London, England. As the Head of Business Development - EMEA you will lead in and out licensing activity to supportthe growth of the product portfolio. Your responsibilities as the Head of Business Development - EMEA will...


  • London, United Kingdom eFinancialCareers Full time

    Understanding of securities settlements business to include Euroclear, CREST & FED settlement services and primary issuance and secondary market settlements. - Understanding of derivatives settlements business to included Interest Rate Swaps, Cross currency swaps, Inflation swaps, FX Options & Schuldshein issuance. - Understanding of payment formats. -...


  • London, United Kingdom Page Personnel Finance Full time

    The purpose of the Derivatives Operations Associate is to ensure BAU and other daily team tasks are completed accurately, on time and to the expected standards in accordance with operational procedures. You will also need to escalates issues and challenges,reports routinely and updates management promptly. **Client Details** The huge financial services...


  • London, United Kingdom Cambridge Associates LLC Full time

    THE OPPORTUNITY Cambridge Associates is looking to hire a Sales Management Director for EMEA and APAC. The principal objective of this role is to instill a data and analytics culture, and drive operational excellence throughout the Sales team. Specifically, you will be responsible for assisting in working with Practice Heads, Regional Heads, Marketing,...

  • Emea Head of M&a

    1 month ago


    London, United Kingdom Citi Full time

    The Head of EMEA M&A is a core role within Citi’s Banking, Capital Markets and Advisory (BCMA) business. M&A is housed within BCMA’s Investment Banking unit (IB) which provides tailored financial solutions and strategic advisory services on a wide range of M&A transactions and capital-raising activities including mergers, acquisitions, divestitures,...