Business Analyst - Commodities (Capital Markets)

WHAT IS THE OPPORTUNITY?

The Capital Markets Commodities trading team is one of the fastest-growing business groups within RBC. We trade across Oil & Gas, Power, Emissions, Agriculture, Commodities Index, Base Metals, and Precious Metals—spanning financial and physical deliveries with linear and non-linear instruments. Operating from Toronto, Calgary, New York, and the UK, we're seeking a Business Analyst to join our Commodities team and help enhance the systems and processes that support this dynamic business.

The Commodities team manages front-to-back trading applications and infrastructure for the commodities business. In this role, you'll partner with IT (QTS) and business stakeholders to gather requirements, analyze business processes, and translate them into system improvements and technology solutions that drive operational efficiency and support business growth.

WHAT WILL YOU DO?

You'll work with business stakeholders and technical teams to understand trading workflows, identify system gaps, and document requirements for enhancements. You'll analyze current Commodities configurations and trading processes to recommend optimizations and support the design of solutions that improve trader productivity and risk management. You'll conduct impact assessments for system changes, validate that implementations meet business needs, and support testing and user acceptance activities. You'll also document processes, create training materials for end-users and support teams, and maintain clear communication with management on project status and risks.

WHAT DO YOU NEED TO SUCCEED?

Must have:

• Degree in Business, Finance, or Computer Science, and 5+ years business analyst experience

• Strong foundational knowledge of Openlink platform configuration.

• Advanced understanding of commodities trading workflows, including pre-trade, execution, post-trade settlement, and regulatory reporting.

• Knowledge of financial reference data concepts: clients, books, securities, and positions.

• Proficiency in SQL and data analysis to investigate system behavior and validate data integrity.

• Excellent communication skills, both written and verbal, with ability to translate between business and technical stakeholders.

• Experience gathering requirements, documenting specifications, and managing stakeholder expectations.

• Familiarity with development methodologies (Waterfall, Agile) and change management processes.

Nice-to-have:

• Background in Java, Python, or C# to understand technical constraints and collaborate effectively with developers.

What is in it for you?

We thrive on the challenge to be our best - progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper.  We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation

• Leaders who support your development through coaching and managing opportunities

• Opportunities to work with the best in the field

• Ability to make a difference and lasting impact

• Work in a dynamic, collaborative, progressive, and high-performing team

• A world-class training program in financial services

• Flexible working options fully supported.

#LI-POST

Job Skills

Agile Methodology, Business Data Analysis, Business Process Modeling, Commercial Acumen, Communication, Critical Thinking, Decision Making, Group Problem Solving, Interpersonal Relationship Management, Requirements Analysis

Additional Job Details

RBC CENTRE, 155 WELLINGTON ST W:TORONTOTorontoCanada37.5Full timeCAPITAL MARKETSRegularSalaried2026-03-232026-04-11

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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.

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.