Address
Form of workJob Summary
Job Description
What is the opportunity?
RBC's Institutional Client Credit Management (ICCM) regulated funds team is looking for an Analyst to assist in the management and administration of authorized credit and transactional risk limits for multiple top tier real money manager and pension fund relationships. You will maintain relationships with RBC Capital Markets (CM) trading professionals and counterparties to ensure client trading needs are met on a timely basis including addressing credit requirements as necessary. The role is directly responsible for preparing credit submissions alongside coordinating the onboarding workflow across KYC, tax, regulatory, operational and legal aspects as required. You will assist in the preparation of transaction requests, while safeguarding the credit quality of the trading portfolio, ensuring all limit systems are properly recorded and help in the preparation of timely management information reports as required.
What will you do?
- Timely preparation of transaction requests in support of RBC CM trading activities with global asset managers on behalf of the funds they manage.
- Understand and assess client investment strategies from a risk perspective.
- Maintenance and accuracy of trading limit data within CCMS
- Reviews of trading counterparties (including regulated mutual funds, pension funds, trusts and endowments).
- Instruct and coordinate client set-up requirements across KYC, tax, regulatory, operational and legal teams
- Completion of assigned projects and other duties in an efficient and effective manner that supports business initiatives.
- Initiate and maintain contact with trading professionals, Group Risk Management – Credit, Market Risk, Trading Credit Risk, Trading Documentation and RBC Law Group
What do you need to succeed?
Must-have:
- Understanding and knowledge of fund industry and securities regulations governing funds
- Familiarity and basic understanding of trading products including FX, swaps and securities finance.
- Advanced data and computer management skills including proficiency with Excel.
- Ability to establish priorities and manage tasks with accompanying attention to detail.
- Ability to interpret, explain and communicate opinions and recommendations using strong verbal and written skills.
Required Education:
- Minimum: Honours, B.A. or B. Comm or equivalent
What’s 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.
- Opportunities to do challenging work
- Work in a dynamic, collaborative, progressive and high-performing team
- Opportunity to work with and gain exposure to Sales and Trading professionals, relationship managers, Group Risk Management and a number of other internal teams
Job Skills
Additional Job Details
Address:
City:
Country:
Work hours/week:
Employment Type:
Platform:
Job Type:
Pay Type:
Posted Date:
Application Deadline:
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
