What is the opportunity? This is a unique 12-16 month opportunity to join the Securities Lending Desk as both a trading team member and an innovation driver. The role entails directly supporting the Desk who is responsible for market execution with borrowers, maximizing profitability within existing products, and identifying revenue opportunities for our lending clients, while spearheading automation and modernization initiatives that directly impacts our business.

This role offers the rare combination of hands-on market experience and the autonomy to identify and solve operational challenges through technology and process improvement.

Tasks and Responsibilities

BAU responsibilities (Trading): Execute securities lending transactions with approved borrowers within the boundaries of our legal agreements and approved credit limits and policies

Monitor the daily recall process with borrowers and escalating any issues to the traders while working with the Service Delivery team in ensuring client sales are covered

Update the daily Pricing file (data file from S&P; Markit) before market open

Prepare daily push lists for both fixed income and equities prior to market open

Produce ad hoc reports for analysis and revenue opportunities

Run re-rate tool and renegotiate pricing on existing loans

Investigate and resolved any trade discrepancies and contract compare breaks

Review specials lists and help mine our custody clients’ assets listing for revenue opportunities

Project Work (Automation & Innovation): Assess current desk operations to identify inefficiencies, manual bottlenecks, and areas ripe for automation

Explore and prototype applications of AI and machine learning to enhance desk efficiency, decision-making, and client service

Evaluate and modernize legacy automation tools hosted on Excel macros, replacing them with robust, maintainable solutions

Develop solutions to streamline manual operations such as borrower locates, loan recall communication and tracking, settlement workflows, and lending program rule maintenance.

Learning and Development opportunities

Further understanding of financial markets, trading strategies and the securities lending industry.



Implement theoretical programming and AI knowledge into a fast-paced sales and trading environment. This role crosses paths with many other areas of RBC IS; Client operations, Client Coverage, Collateral and mid-office support groups where additional experience can be gained.

Required Skills

Behavioural skill-set

Strong numeracy and analytical skills

High attention to detail and accuracy

Self-starter and a proactive disposition

Ability to excel in a stressful setting, properly prioritize and manage several competing initiatives / responsibilities while meeting firm deadlines

Innovative thinking

Demonstrated strategic team player

Technical skill-set

Familiarity/ in depth knowledge of Custody or Securities Finance Business

Strong programming abilities – Python, VBA, SQL, Proactive AI learner and adopter

Strong system abilities – Excel, PowerPoint, Access, Bloomberg

Solid understanding of economic concepts with ability to learn applied financial concepts on the role

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. Excellent exposure to communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriate.

Working with an exciting, close-knit, supportive & dynamic group and Opportunity to collaborate with other business segments within the bank.

Job Skills

Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative

Additional Job Details

Address: RBC CENTRE, 155 WELLINGTON ST W:TORONTO City: Toronto Country: Canada





Work hours/week: 37.5

Employment Type: Full time

Platform: WEALTH MANAGEMENT

Job Type: Student/Coop (Fixed Term)

Pay Type: Salaried

Posted Date: 2026-09-16

Application Deadline: 2026-10-01

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. Join our Talent Community Stay 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 jobs.rbc.com.

Royal

Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries.

Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.

📌 2027 Investor Services, PEY Securities Lending Desk (12-16 months) (Winnipeg)
🏢 0000055528 RBC Investor Services Trust
📍 Winnipeg