Associate Director, Senior Business Analyst – Settlement & Clearing Technology
About this role
Job Description
Position Overview
We are seeking a Senior Business Analyst to join our CBOS S&C Technology team. This role focuses on creating and optimizing a technology infrastructure supporting settlement, clearing, and middle office processing functions. The successful candidate will leverage deep operational expertise to identify process improvements, manage technology initiatives, and solve complex business challenges within the S&C operations environment.
Key Responsibilities
The analyst will serve as a bridge between S&C operations teams and technology delivery which includes both in-house development and our Broadridge vendor systems. The role will involve translating business requirements into technical solutions. You will analyze current-state processes across settlement, clearing, and middle office functions to identify inefficiencies and opportunities for automation or system enhancement. You will own the definition of functional requirements for technology projects, validate solutions against operational needs, and support implementation and testing phases. Additionally, you will document complex workflows, maintain process documentation, and serve as a subject matter expert for operational stakeholders during system changes or incidents.
Required Experience and Qualifications
You must have a minimum of eight years of settlement and clearing operations experience at a top-tier financial institution. Your background should encompass settlement and clearing operations, middle office functions, or related roles that provide comprehensive understanding of the operations business model. You should demonstrate mastery of how operations function end-to-end, including client onboarding, trade processing, collateral management, reporting, and exception handling. Experience solving complex operational challenges—whether through process redesign, vendor selection, or system implementations—is essential. Experience with Broadridge settlement systems is a must.
Required Competencies
Strong technical acumen is required, though not necessarily hands-on development experience. You should be comfortable working with database structures, APIs, and system architecture at a conceptual level. You must communicate effectively with both operational and technical audiences, translating between business complexity and technical feasibility. Analytical problem-solving skills, attention to detail, and the ability to manage ambiguity are critical. Finally, you should demonstrate intellectual curiosity about emerging technologies and how they might address longstanding operational pain points. Extensive experience using AI tools to aid in analysis and design a must.
Preferred Qualifications
Experience with specific settlement or clearing platforms involved in prime brokerage operations, exposure to regulatory requirements affecting prime brokerage operations, knowledge of collateral management systems, and experience with process automation or RPA initiatives would strengthen candidacy.
Job Skills
Agile Methodology, Business Data Analysis, Business Process Modeling, Commercial Acumen, Communication, Critical Thinking, Decision Making, Group Problem Solving, Interpersonal Relationship Management, Requirements AnalysisAdditional Job Details
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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.
Company at a glance
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.
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