Analyst - Legal and regulatory compliance,
2 weeks ago
The role is client facing, and includes the responsibility for ensuring the necessary support for trading desks to meet their established targets for growing revenues with Hedge Fund managers within RBC’s appetite for credit exposure and risk.
- Support the maintenance and management of the credit relationship of a diverse portfolio of Hedge Fund accounts.
- Support the management of the complete credit onboarding process in support of RBCCM trading relationships (risk limits, regulatory, legal, compliance, tax, and operational matters).
- Prepare credit requests with the related documentation required as part of Risk Management approval process (amendments, trading lines, and periodic single name strategy exposure reviews).
- Continuous maintenance of accurate counterparty compliance reports including NAV and performance data.
- Work with other ICCM team members to strategically address any and all counterparty credit concerns that may arise.
- Create call memos for annual / bi-annual credit Due Diligence meetings.
- Work with and advise product partners on the optimal amount of trading credit required to meet our strategic objectives with each client relationship.
- Understand and apply securities regulations governing hedge funds, mutual funds, pension funds and other institutional counterparties.
- Undergraduate degree or higher.
- An understanding of credit risks associated with Hedge Funds and the trading products they use.
- Strong analytical, technical, written and communication skills.
- A general knowledge of Credit and Credit Risk.
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, competitive compensation. Flexible work/life balance options.
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