Analyst, Institutional Client Credit Management

Job Description

What is the opportunity?

You will assist in the management and administration of authorized credit and transactional risk limits for various group of fund relationships including regulated mutual funds, pension funds, pooled funds, hedge funds, private capital, 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 provides 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.
• Review of trading counterparties (including regulated mutual funds, pension funds, pooled funds, hedge funds, private capital, trusts and endowments).
• Compliance reporting including: limit excesses, ATE triggers, and NAV monitoring and participate in the 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. Comm 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.

• 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
• Opportunities to take on progressively greater accountabilities

Job Skills

Additional Job Details

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Note: Applications will be accepted until 11:59 PM on the day prior to the Final date to receive applications date above

Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.

Pay Range

The expected pay range for this position is:

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay…