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Job Title: Documentation Specialists
Job Location: NY: New York
Pay Rate: Open
Job Length: full time
Start Date: 2008-09-14

Company Name: RBC Financial Group
Contact: Recruiter
Phone: email only please
Fax: email only please

Description: Documentation Specialists

Posting Start Date: August 7 2008 Job Category: Operations/Service

Job Type: Full-Time

Employment Type: Regular - U.S.

Pay Type: Salaried /tr Exempt/ Non-Exempt: N/A

Work Schedule:

Work Hours/ Week: na

People Manager: No

Posting End Date:

Legal Entity: RBC Capital Markets Corp.

Work Environment: Office

Location: New York

City: New York Office/ Branch Address: 3 World Financial Center Relocation Provided: No

Travel Percentage: 0

Fluent In: English

Req ID#: 94704

Position Purpose: PURPOSE - accurately review and prepare confirmations for all Structured Products and to ensure accuracy and legitimacy for all new and amended transactions processed. Primarily responsible for asset classes: Hybrid of Equity and commodity derivatives. Key Accountabilities: PRIMARY RESPONSIBILITIES . Specific results expected in each key area will be agreed to by the incumbent and their line manager. . Maintain a competent understanding of the 2005 ISDA Commodity / 2006 ISDA Definitions and 2002ISDA Equity Definitions. . Process confirmations for all products received in both SOPHIS and Workflow systems. . Any new and/or non-standard templates to be used, early termination clauses or special requests from clients refered to lline manager. . Documentation provided to has been approved by Legal and/or GMO as necessary. . Ensure the proper documentation for all approved templates are obtained and archived, and applicable operational procedures are documented. . identifying operational issues, relating to confirmations, when new products are introduced, and/or systems are implemented or updated. . Manage time and Workflow optimally to minimize overtime. Initiate procedural improvements to increase efficiency and accuracy. . Ensure compliance with assigned Unit Financial Control (UFCs) and Standing Orders (STOs) to achieve a "very good" audit rating. . Mitigate the Banks legal and operational risk of loss by ensuring timely and complete identification of all discrepancies and missing trades; promptly notify traders and management of missing trades. KEY RELATIONSHIPS . External counterparties (both their documentation group and FO staff) . Marketers/Traders, HO Legal & external counsel, Documentation, Credit Risk and internal clients Job Requirements: (Knowledge/ Experience): EDUCATION &/OR EXPERIENCE Required . College/University Degree Preferred . Structured products experience - solid . Drafting from first principles - (not simply slotting in dates and numbers to templates). AUTHORITIES, IMPACT, RISK . Failure to properly complete this function could result in significant cost/risk exposure due to the long-term nature and complexity of products handled. . The incumbent also has a direct impact on the perceived professionalism of the Bank with its clients. WORKING CONDITIONS . standard environment . minimal travel required . requires significant attention to detail . some stress resulting from stringent deadlines during peak periods. COMPETENCIES Behavioural . Due diligence . Keen eye to detail . Focus on quality . Prioritising workload . Keen to lnvestigate and learn new structures Technical . Word and Excel . Infinity, SOPHIS, Workflow Required Skills/ Competencies/ Attributes: Education: BA/BS Required Accreditation(s): Special Conditions: na Diversity: Diversity in the workplace, one of our shared values, lies at the heart of our rewarding, open, supportive and inclusive work environment. We respect and respond to the many competing and evolving priorities in our lives so you can focus on what you can do best - put clients first. EOE/M/F/D/V About RBC: Interested in finding out more? Clickhere.

Please refer to Job code rbc-239896 when responding to this ad.

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