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, endowments and managed accounts. You will maintain relationships with RBC Investor Services (RBC IS) sales and trading professionals and counterparties to ensure client needs are met on a timely basis including addressing credit requirements as necessary.
What is the chance?
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, endowments and managed accounts. You will maintain relationships with RBC Investor Services (RBC IS) 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 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. The role also includes performing the risk assessment and continuous risk monitoring for the RBC IS asset managers, including mutual fund, pensions, and managed accounts.
What will you do?
- Timely preparation of transaction requests in support of RBC IS credit intensive trading activities with global asset managers on behalf of the funds they manage. Alongside this, prepare transaction requests in support of IS non-trading products such as overdrafts
- Understand and assess risks inherent in (i) the asset management industry and its reg
📌 Analyst, WM-ICCM (Toronto)
🏢 RBC
📍 Toronto