Analyst, Institutional Client Credit Management
2 weeks ago
**Job Summary**
**What is the opportunity?**
You will assist in the management and administration of authorised credit and transactional risk limits for various groups of fund relationships including regulated mutual funds, pension funds, trusts and endowments. You will maintain relationships with RBC Capital Markets (CM) and Investor and Treasury Services (I&TS) 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 provide s 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.
**What will you do?**
- Timely preparation of transaction requests in support of RBC CM and I&TS credit intensive trading activities with global asset managers on behalf of the funds they manage. Alongside this, prepare transaction requests in support of I&TS non-trading products such as trade finance letters of credit, overdrafts and nostro limits
- Understand and assess client investment strategies from a risk perspective
- Maintenance and accuracy of trading limit data within CCMS
- Reviews of trading counterparties (including regulated mutual funds, pension funds, trusts and endowments)
- Compliance reporting including: limit excesses, ATE triggers, and NAV monitoring and participate in KYC process as required
- 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**:
- Understanding and knowledge of fund industry and securities regulations governing funds
- Familiarity and basic understanding of trading products including FX, swaps and securities finance and non-trading products such as trade finance letters of credit and nostro limits
- 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, B.A. or B. Comm or equivalent
**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.
- A comprehensive Total Rewards Program including bonuses and flexible benefits and competitive compensation
- 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
- Opportunities to take on progressively greater accountabilities
**Job Skills**
Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Taking 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**:
2024-02-06
**Application Deadline**:
2024-02-21
**I**nclusion** and Equal Opportunity Employment**
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
**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.
-
Toronto, Canada Royal Bank of Canada Full time**Job Summary** **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 and endowments. You will maintain relationships with RBC Capital Markets (CM) sales and trading professionals and...
-
Analyst, Institutional Client Credit Management
4 weeks ago
Toronto, Canada Royal Bank of Canada Full time**Job Summary** 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 and endowments. You will maintain relationships with RBC Capital Markets (CM) sales and trading professionals and...
-
Toronto, Canada Royal Bank of Canada Full time**Job Summary** **What is the opportunity?** You will deliver insights and advice that are meaningful and timely with respect to bank and sovereign counterparties and support business units in their pursuit of high quality earnings growth and returns through a disciplined approach to credit risk **What will you do?** Transaction support - Partner with...
-
Toronto, Ontario, Canada Royal Bank of Canada Full timeJob SummaryJob DescriptionWhat is the opportunity?You will deliver insights and advice that are meaningful and timely with respect to bank and sovereign counterparties and support business units in their pursuit of high quality earnings growth and returns through a disciplined approach to credit risk***This role can be at an Analyst / Associate level,...
-
Toronto, Canada Royal Bank of Canada> Full timeJob SummaryJob DescriptionWhat is the opportunity?You will deliver insights and advice that are meaningful and timely with respect to bank and sovereign counterparties and support business units in their pursuit of high quality earnings growth and returns through a disciplined approach to credit risk***This role can be at an Analyst / Associate level,...
-
Toronto, Canada RBC - Royal Bank Full timeJob SummaryJob DescriptionWhat is the opportunity?You will deliver insights and advice that are meaningful and timely with respect to bank and sovereign counterparties and support business units in their pursuit of high quality earnings growth and returns through a disciplined approach to credit risk***This role can be at an Analyst / Associate level,...
-
TORONTO, Canada Royal Bank of Canada Full timeJob SummaryJob DescriptionWhat is the opportunity?You will deliver insights and advice that are meaningful and timely with respect to bank and sovereign counterparties and support business units in their pursuit of high quality earnings growth and returns through a disciplined approach to credit risk***This role can be at an Analyst / Associate level,...
-
Credit Risk Analyst
7 days ago
Toronto, Canada KEB Hana Bank Canada Full time**Job Title**:Credit Risk Analyst - **Dept./Br.**:Credit Department - Credit Planning - **Reports to**:Manager, Credit Department - Credit Planning and Vice President, Credit Department - Credit Planning **JOB SUMMARY** “Credit Risk Analyst” is responsible for completing analysis, submissions for portfolio monitoring reports to related stakeholders and...
-
Credit Analyst
4 weeks ago
Toronto, Canada Coface USA Full time**WHO WE ARE** A modern and agile company with the most finely meshed international network, Coface is a reference in credit insurance and risk management. With over 70 years of experience as an industry leader, and a team of 4,100 experts in 100 countries, serving around 50,000 companies, Coface experts work to the beat of the global economy. Its ambition...
-
TORONTO, Canada Royal Bank of Canada Full timeJob SummaryJob DescriptionWhat 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 and endowments. You will maintain relationships with RBC Capital Markets (CM) sales and trading...
-
Toronto, Canada Royal Bank of Canada> Full timeJob SummaryJob DescriptionWhat 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 and endowments. You will maintain relationships with RBC Capital Markets (CM) sales and trading...
-
Toronto, Canada RBC - Royal Bank Full timeJob SummaryJob DescriptionWhat 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 and endowments. You will maintain relationships with RBC Capital Markets (CM) sales and trading...
-
Credit Analyst
3 weeks ago
Toronto, Canada EMCO Corporation Full timeJob Description The Credit Analyst is responsible for credit application evaluation, approval and administration of customer accounts, collection of funds while maintaining healthy, profitable customer relationships, within the company’s acceptable levels of risk. The position has a hybrid work arrangement. Job Duties Review new customer...
-
Business Data Analyst
3 weeks ago
Toronto, Canada CB Canada Full timeBusiness Analyst - Consultant On behalf of our client in the Banking Sector, PROCOM is looking for a Business Analyst - Consultant. Business Analyst - Consultant – Job Description Provide subject matter expertise to lead and support the project at each stage to ensure successful delivery: Write Business Requirements Documents (BRD) Review System...
-
Sustainability Solutions Product Manager
4 weeks ago
Toronto, Canada Institutional Shareholder Services Full timeISS Corporate Solutions seeks an experienced Sustainability Solutions Product Manager to collaborate with our diverse teams, strategically developing and executing a SaaS product roadmap for innovative environmental, social, and sustainability solutions tailored to corporations. You will lead cloud-based sustainability offerings for the C-suite and...
-
Credit Manager
2 weeks ago
Toronto, Canada Peoples Trust Full timeJob Details Description About us : Peoples Group is a boutique Financial Institution with offices located in Vancouver, Calgary, Toronto, and Montreal that has been in the Canadian marketplace for over 30 years. Our mission is to exceed our customers' expectations by providing exceptional customer service backed by extensive product knowledge...
-
Senior Quantitative Analyst
2 days ago
Toronto, Canada Hillsdale Investment Management Inc. Full timeSENIOR QUANTITATIVE ANALYST/ QUANTITATIVE ANALYST Hillsdale Investment Management Inc. (Hillsdale) is an independent, employee-controlled, and client-aligned investment boutique managing investments on behalf of a select group of sophisticated institutional and private wealth investors. We engage
-
Manager, Credit
3 days ago
Toronto, Canada Spin Master Ltd Full timeAre you a kid at heart looking to build a career with a leading global children's toy, entertainment and digital gaming company? At Spin Master, our unwavering commitment to open mindedness, integrity and innovation is a great part of what has made us an industry leader. How do we stay ahead of the pack? By hiring the best and brightest minds—and that’s...
-
Data Analyst
2 weeks ago
Toronto, ON, Canada ProViso Staffing Full timeStory Behind the Need: • The Credit Risk Data Analyst will work directly with the Global Retail Data Office and credit risk departments across International banking to analyze, validate, and report on the performance of new and existing customers by ensuring data with the necessary granularity and accuracy is available for Portfolio Monitoring, modeling,...
-
Data Analyst – Credit Risk
2 weeks ago
Old Toronto, Canada ProViso Staffing Full timeStory Behind the Need: • The Credit Risk Data Analyst will work directly with the Global Retail Data Office and credit risk departments across International banking to analyze, validate, and report on the performance of new and existing customers by ensuring data with the necessary granularity and accuracy is available for Portfolio Monitoring, modeling,...
