Associate, Institutional Client Credit Management - Global Credit, Global Corporate Banking (Toronto)

Associate, Institutional Client Credit Management - Global Credit, Global Corporate Banking (Toronto)

30 Aug
|
RBC
|
Toronto

30 Aug

RBC

Toronto

What is the opportunity?

This role directly manages authorized credit and transactional risk limits across our group of fund relationships. Counterparties include regulated funds, pension funds, managed accounts, alternative accounts, hedge funds, private capital etc. 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. You will support the development of transaction solutions (including structuring, amount and term) and provide assistance in the preparation of transaction requests, while safeguarding the credit quality of the trading portfolio.

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
- Review of trading counterparties
- Maintenance and accuracy of trading limit data within CCMS
- Compliance management including managing limit excesses and supporting ATE triggers
- Complete annual reviews and participate in client due diligence meetings
- Participate in KYC process as required
- Assist in the collation of regulatory documents and confirmations as required
- Completion of assigned projects and other duties in an efficient and effective manner that supports business initiatives
- Maintain a strong understanding of RBFG trading policies and guidelines
- Initiate and maintain contact with Sales and Trading professionals, Group Risk Management (Credit Risk, Market Risk, Counterparty Credit Risk), Trading Documentation and RBC Law Group
- Understand and assist in negotiating trading documentation including ISDA, GMSLA and GMRA





What do you need to succeed?

Must haves:

- Minimum: Honours, B.A. or B. Comm.
- Minimum 4–5 years of experience in financial services
- Strong financial risk analysis and/or accounting skills
- Ability to prioritize work and manage competing demands
- Excellent written and verbal communication skills
- Familiarity with the RBC Capital Markets credit process and trading agreements
- Ability to work in an interactive team environment
- Solid general PC skills and demonstrated capability to learn key internal systems
- Ability to strike a balance in putting the “Client First” while ensuring that internal standards are maintained, and deliverables are provided

Nice-to-have:

- Academic background with a combination of master’s level accreditation: usually an MBA, CFA, CA, other professional designation or relevant work experience

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.

Benefits

- A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
- Leaders who support your development through coaching and managing opportunities




- Ability to make a difference and lasting impact.
- Work in a dynamic, collaborative, progressive, and high-performing team.
- Flexible work/life balance options.
- Opportunities to do challenging work.
- Opportunities to take on progressively greater accountabilities.
- Access to a variety of job opportunities across business.

Job Skills

Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork

Additional Job Details

Address

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City

Toronto

Country

Canada

Work hours/week

37.5

Employment Type

Full time

Platform

CAPITAL MARKETS

Job Type

Regular

Pay Type

Salaried

Posted Date

Application Deadline

Note

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

Pay Range

The expected pay range for this position is:

$90,000.00 - $135,000.00

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.

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📌 Associate, Institutional Client Credit Management - Global Credit, Global Corporate Banking (Toronto)
🏢 RBC
📍 Toronto

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