What is the opportunity?

RBC's Institutional Client Credit Management (ICCM) Asset Management & Funds team is looking for an Analyst to assist in the management and administration of authorized credit and transactional risk limits for various asset manager and 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 and trading documentation (ISDA VM CSA, GMRA etc.) 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 Capital Markets 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 but not limited to regulated mutual funds, pension funds, trusts and endowments, alternative accounts, hedge funds and private capital accounts).
• Instruct and coordinate client set-up requirements across KYC, tax, regulatory, operational and legal teams
• Compliance management including management of limit excesses and supporting ATE triggers, and NAV monitoring where needed.
• Assist in annual reviews for Capital Market relationships.
• 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:

• Able to demonstrate an understanding and knowledge of fund industry and securities regulations governing funds.
• Able to demonstrate a 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 degree in B.A., B.Comm., B.Sc., or equivalent.

Nice-to-have:

• MBA, professional designation (e.g., CA, CMA, CFA) or a post-graduate degree with a focus in finance, economics or quantitative discipline would be an asset.
• An understanding of credit risks associated with institutional clients including investment funds, along with the trading products they use.
• Ability to read and understand complex legal documents such as Private Placement Memoranda (PPMs), Limited Partnership Agreements (LPAs), structure charts.
• Experience with AI models and agents, including their application in automation, data analysis, and process optimization, to drive efficiency and enhance decision-making.

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

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.