Senior Associate, Trade Support
RBC — New York, New York, United States of America
Posted 2026-11-03
Job Description
What is the opportunity?
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. FX will be your primary focus making this an ideal role for candidates looking to gain broad exposure across capital markets operations.
What will you do?
- 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.
What do you need to succeed?
- Attention to Detail and Accuracy: You must demonstrate consistently high standards of accuracy across all aspects of their work. The ability to identify discrepancies, errors, and inconsistencies quickly and precisely is essential to the integrity of the Middle Office control framework and sets the standard for the team.
- Working Under Pressure: You must perform effectively under pressure, maintaining accuracy and composure during periods of elevated trading volumes, market events, or time-sensitive deadlines. Managing competing demands across both daily responsibilities and project work is a key expectation of the role.
- Problem-Solving and Continuous Improvement: You are expected to take a proactive approach to problem-solving, drawing on accumulated knowledge to identify issues and drive timely resolutions. Beyond issue resolution, the Senior Associate should actively lead efforts to improve existing workflows and processes, contributing meaningfully to change initiatives that enhance the efficiency and robustness of the Middle Office function.
- Independence and Teamwork: You are expected to balance independent working with collaborative engagement. They should be confident in managing their own workload without close supervision, whilst also contributing positively to the wider team, supporting the development of junior staff, and building strong working relationships with internal and external stakeholders.
- Communication: You are expected to communicate in a polite, professional, and accurate manner. Confidence and clarity are expected in all interactions, whether with junior colleagues, senior internal stakeholders, or external parties including clients, brokers, and Clearing Houses.
- Experience: 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.
- Product Knowledge: 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.
- Systems: Whilst prior experience with the specific systems used by the Middle Office function is not mandated, candidates should demonstrate familiarity with the types of platforms and infrastructure commonly used within a capital markets environment.
- Education: 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?
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 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.
The expected salary range for this particular position is $95,000 - $135,000, depending on your experience, skills, and registration status, market conditions and business needs. You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.
RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that drives RBC’s high-performance culture, enables collective achievement of our strategic goals, and generates sustainable shareholder returns and above market shareholder value.
Job Skills
Active Learning, Adaptability, Business Appraisals, Communication, Continuous Improvement, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Internal Stakeholders, Operational Delivery, Proactive Behavior, Problem Solving, Process Improvements
Additional Job Details
Address:
BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK
City:
New York
Country:
United States of America
Work hours/week:
40
Employment Type:
Full time
Platform:
CAPITAL MARKETS
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2026-11-03
Application Deadline:
2026-12-01
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.
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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.