Analyst Futures - Chicago, United States - RBC Capital Markets, LLC

Description

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.)
• Prepares and records 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 adheres 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

Time Allocations

• 50% - Daily reconciliations and Regulatory Reporting
• 25% - Month end process (accruals, journal entries, rec's etc.)
• 20% - Special Projects
• 5% - Procedural Updates and rules and regulations

Working Conditions

RBC Futures Division has a knowledgeable and friendly staff. The nature of most of the team's day to day activity is time sensitive. While it can seem hectic at times, the team works closely together in order to collaborate as a team to ensure that tasks are managed and goals achieved.

What do you need to succeed?

• Bachelor's Degree in Finance, Business or Accounting.
• Three to Five 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
• Provides support where needed on team projects
• Updates Job knowledge by participating in educational opportunities
• Responsible for Procedural updates
• Works directly with regulators and examiners throughout various exams and audits of the FCM
• This position will approve wires with regards to margins, transfer of excess funds, and treasury/money market funds purchases etc.
• General Ledger attestation of monthly balance sheet & profit / (loss) accounts
• This position will also ensure all daily regulatory calculations have been completed before regulatory deadlines
• Calculate Capital charges at month-end

Job Skills

Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process Improvements

Additional Job Details

Address:

111 SOUTH WACKER DRIVE, SUITE 3200:CHICAGO

City:

Chicago

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

Capital Markets

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

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