Royal Bank of Canada
Job title:
Analyst, Institutional Client Credit Management
Company
Royal Bank of Canada
Job description
Job SummaryJob DescriptionWhat 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. Comm or equivalentUnderstanding and knowledge of fund industry and securities regulations governing fundsFamiliarity and basic understanding of trading products including FX, swaps and securities financeAdvanced data and computer management skills including proficiency with ExcelAbility to establish priorities and manage tasks with accompanying attention to detailAbility to interpret, explain and communicate opinions and recommendations using strong verbal and written skillsWhat’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 compensationOpportunities to do challenging workWork in a dynamic, collaborative, progressive and high-performing teamOpportunity to work with and gain exposure to Sales and Trading professionals, relationship managers, Group Risk Management and a number of other internal teamsOpportunities to take on progressively greater accountabilitiesJob Skills Adaptability, Capital Markets, Communication, Credit Risks, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Relationship Building, TeamworkAdditional Job DetailsAddress: ROYAL BANK PLAZA, 200 BAY ST:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: CAPITAL MARKETSJob Type: RegularPay Type: SalariedPosted Date: 2024-09-20Application Deadline: 2024-10-04Inclusion and Equal Opportunity EmploymentAt 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 CommunityStay 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 .
Expected salary
Location
Toronto, ON
Job date
Sun, 22 Sep 2024 03:24:01 GMT
To help us track our recruitment effort, please indicate in your email/cover letter where (un-jobs.net) you saw this job posting.