Analyst, Institutional Client Credit Management - Toronto, Canada - Royal Bank of Canada

Royal Bank of Canada

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Job Summary
What is the opportunity?

You will assist in the management and administration of authorized credit and transactional risk limits for various groups of fund relationships including regulated mutual funds, pension funds, trusts and endowments.

You will maintain relationships with RBC Capital Markets (CM) sales and trading professionals and counterparties to ensure client needs are met on a timely basis including addressing credit requirements as necessary.

The role supports the development of transaction solutions (including structuring, amount and term) and provide s assistance in the preparation of transaction requests, while safeguarding the credit quality of the trading credit portfolio, ensuring all limit systems are properly recording all approvals 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 credit intensive 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).
Compliance reporting including: limit excesses, ATE triggers, and NAV monitoring and participate in KYC process as required.
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:

Honours, B.A. or B. Com or equivalent
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

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.

A comprehensive Total Rewards Program including bonuses and flexible benefits and competitive compensation
Opportunities to do challenging work
Work in a dynamic, collaborative, progressive and highperforming 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
Opportunities to take on progressively greater accountabilities

Job Skills
Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Taking Initiative, Teamwork

Additional Job Details

Address:

ROYAL BANK PLAZA, 200

BAY ST:

TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Capital Markets

Job Type:

Contract (Fixed Term)

Pay Type:

Salaried

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.

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