Derivative Valuation Analyst

Role overview

The Derivative Valuation Analyst will handle the prompt and accurate review, pricing, validation, and reconciliation of listed derivatives, OTC bilateral derivatives, OTC cleared derivatives, and alternative investment products. This work supports several business areas, including fund services, pension reporting, insurance reporting, custody reporting, and other value-added services.

This role may require work on late shifts or a rotating shift pattern.

Key responsibilities

• Set up listed and OTC derivatives in the valuation platforms as part of the daily routine.
• Carry out pricing activities for listed derivatives and assess movements in market prices.
• Value OTC and alternative instruments, and evaluate how daily changes in market data affect instrument value.
• Reconcile results against statements received from third parties.
• Serve as the primary point of contact with investment managers and the internal trade processing team for new trades, including explaining price differences beyond tolerance and securing confirmation.
• Support research into suitable valuation methods for newly traded complex OTC products.
• Contribute to delivery of key projects and look for ways to simplify processes and improve productivity.
• Follow all applicable policies, procedures, standards, risk controls, compliance requirements, and audit expectations.
• Work early and late shifts as needed to support a global operating model.

Required background

• A bachelor’s degree in Finance, Mathematics, or Engineering.
• At least 2 years of strong derivatives experience in a middle-office or back-office setting.
• Hands-on exposure to OTC derivatives valuation systems and related workflows.
• Good knowledge of Reuters, Bloomberg, and similar market data providers.
• Advanced Excel skills, plus some familiarity with basic coding such as VBA.

What you can expect

• Direct interaction with a range of business partners and stakeholders in Investor Services and other platforms as needed.
• Practical, hands-on experience throughout the role.
• A collaborative, supportive, and dynamic team environment.
• Opportunities to work with other business units across the bank.
• Strong career growth and development prospects.
• A Total Rewards program that includes bonuses and flexible benefits.
• Competitive pay.

Additional details

Work location: RBC Centre, 155 Wellington St W, Toronto, Ontario, Canada.

Work schedule: 37.5 hours per week.

Employment type: Full-time, regular, salaried role.

Platform: Wealth Management.

Application deadline: 2026-07-13. Applications are accepted until 11:59 PM on the day before the deadline.

Compensation: Pay is determined by experience, skills, registration status, performance, individual goals, market conditions, and business needs. The expected salary range for the primary location is CAD 55,000 to CAD 90,000 per year. The role may also include discretionary variable compensation if business and individual targets are met.

Equal opportunity and culture: The organization emphasizes Client First, Integrity, Collaboration, Respect, and Excellence, and supports an inclusive workplace with diverse perspectives, belonging, and opportunity for all.

Talent community: Candidates may join the talent community to receive career updates, tips, and recruitment event information.

Hiring note: This is an active vacancy. Candidates who apply are expressing interest in the current opportunity, and qualified applicants may be contacted for further review.