Analyst, Institutional Client Credit Management

Job title: Analyst, Institutional Client Credit Management

Job description: What is the opportunity?

You will assist in the management and administration of authorised 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) and Investor and Treasury Solutions (I&TS) 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 and overdraft 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 and I&TS credit intensive trading activities with global asset managers on behalf of the funds they manage. Alongside this, prepare transaction requests in support of I&TS non-trading products such as trade finance letters of credit, overdrafts and nostro limits
• 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:

• Understanding and knowledge of fund industry and securities regulations governing funds
• Familiarity and basic understanding of trading products including FX, swaps and securities finance and non-trading products such as trade finance letters of credit and nostro limits
• 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.

• 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 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

About RBC
Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We employ approximately 78,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 39 other countries. For more information, please visit .

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Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.

JOB SUMMARY

City: Toronto
Address: 200 Bay St
Work Hours/Week: 37.5
Work Environment: Office
Employment Type: Permanent
Career Level: Experienced Hire/Professional
Pay Type: Salaried
Required Travel (%): 0-25
Exempt/Non-Exempt: N/A
People Manager: No
Job Posting End Date: 12/31/2021
Req ID: 437824

Posting Notes:

Company: Royal Bank of Canada

Expected salary:

Location: Toronto, ON

Job date: Sun, 19 Dec 2021 05:33:18 GMT

Job Source: Careerjet.ca

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