Client Support Specialist- Interest Rate Middle Office
Job Description
WHAT IS THE OPPORTUNITY?
The main role for this position is to improve the RBC Swap collaboration. Fully understand the KYC requirements and regulatory documents to onboard new clients in a timely manner for swap execution. Handle all trade affirmation and deal capture. Identify opportunities to resolve complex reconciliation issues between loan and swap.
Banking and Investment Services Division
Banking and Investment Services plays an integral role in leading the strategic vision and execution of all banking operations. Our servicing and operations professionals partner closely with all of our lines of business to carry out critical functions, including client/deposit servicing, contact center operations, payments processing, and trade and lending operations, while identifying and mitigating risk throughout the organization. Servicing and operations professionals seek to transform and define an integrated support model through automation and cutting-edge digital technologies, to deliver an excellent experience for our clients and businesses.
Banking and Investment Services plays an integral role in leading the strategic vision and execution of all banking operations. Our servicing and operations professionals partner closely with all of our lines of business to carry out critical functions, including client/deposit servicing, contact center operations, payments processing, and trade and lending operations, while identifying and mitigating risk throughout the organization. Servicing and operations professionals seek to transform and define an integrated support model through automation and cutting-edge digital technologies, to deliver an excellent experience for our clients and businesses.
WHAT WILL YOU DO?
- Anticipates questions, plans for contingencies, and identifies clear objectives
- Improves current processes and develops new ideas to provide outstanding support to the sales desk
- Influences outcomes by taking a position on issues and presenting sound, persuasive rationale for ideas
- Provide excellent services to all clients and be able to pro-actively give a โwhite gloveโ service that City National has been provided for years.
WHAT DO YOU NEED TO SUCCEED
Must-Have*
- Bachelor's Degree
- Minimum 1 year of experience in financial services/ banking industry
- Minimum 1 year of operations management, client service management, documentation, or client training experience required
- Minimum 2 years of experience providing customer service
Skills and Knowledge
- Bachelor's Degree in business, international, or marketing preferred
- Prior experience working in an Interest Rate Middle Office team or other adjacent operations team relating to Interest rates
- Individuals who have Middle office experience in other products may be considered
- Sees the big picture and keeps current with emerging business, economic and market trends
- Strong team player who collaborates readily with others within and across teams
- This opportunity would suit an individual who has strong interpersonal skills, is responsive and has a commitment to serving their client group
- An understanding of Interest Rate Swaps, and Clearing OTC Derivatives
- Experience dealing with both LCH and CME
- Familiarity in dealing with risk and explain P&L
Compensation
Starting base salary: $0 - $0 per hour. Exact compensation may vary based on skills, experience, and location.
*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.
ABOUT CITY NATIONAL
We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North Americaโs leading diversified financial services companies.
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Date Posted
04/13/2023
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