What are the responsibilities and job description for the Analyst Futures & Cleared Derivatives Financial Control position at RBC Capital Markets, LLC?
Job Summary
Job Description
What is the opportunity?
* This individual will fill a key role within the Financial Control Team. The position will support various aspects of accounting and regulatory reporting for the Futures Division. This position requires an accounting degree combined with strong analytical skills. The candidate will need to possess strong problem solving skills, organizational skills, attention to detail and must have the ability to work independently and as part of a team.
* This position will support various aspects of the financial accounting cycle including, but not limited to, daily regulatory reporting, working with regulators and examiners throughout the Futures Commission Merchants (FCM) various audits and exams.
* Provides management with financial information by researching and analyzing accounts and preparing financial information
* Must be able to work well with deadlines (daily regulatory submissions are required by noon)
What will you do?
- Responsible for the daily and bi-weekly regulatory reporting to the firm's DSRO (CME Group, Inc.).
- Prepare and record asset, liability, revenue and expense entries by compiling and analyzing information
- Responsible for Monthly, Quarterly and Year-end reporting of the FCM's Balance Sheet and adhere to the Standard of Documentation Process (SOD)
- General ledger attestation, Month-end Reporting process (accruals, journal entries, etc.)
- Compile and Calculate applicable Capital Charges of the FCM
- Intergroup reconciliation process- coordinate with global teams, highlight discrepancies and communicate effectively the resolutions.
- Daily monitoring of various metrics of the FCM Business -ability to escalate quickly.
- Provide support where needed on team projects
- Update Job knowledge by participating in educational opportunities
- Responsible for Procedural updates
- Work directly with regulators and examiners throughout various exams and audits of the FCM.
What you need to succeed?
- Bachelor's Degree in Finance, Business or Accounting.
- 1 to 3 years' experience
- Futures Knowledge
- PC Proficient (Excel and Microsoft Word)
- Highly skilled in use of Excel Spreadsheets
- Strong analytical and problem solving skills.
- Strong oral and written communications skills
- Exceptional organizational skills, (includes time management)
- Deadline-Oriented
The good-faith expected salary range for the above position is $70k-$90k depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs.This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.
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
- Generates sustainable shareholder returns and above market shareholder value
Job Skills
Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Process ImprovementsAdditional Job Details
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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 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.
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Salary : $70,000 - $90,000
