Analyst, Hedge Fund Credit Coverage

2 months ago

Toronto, Canada Royal Bank of Canada Full time

**Job Summary**

**What is the opportunity?**

The Hedge Funds team within ICCM is responsible for managing RBC’s credit relationships with Hedge Fund managers. The incumbent will partner with all of RBC Capital Market’s trading desks to ensure optimization of credit appetite, the use of trading lines and maximize revenue with Hedge Fund managers. 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.

**What will you do?**
- 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).
- Work with our Trading Documentation team to ensure proper trading documents are negotiated.
- 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).
- Prepare and submit trading line requests to relevant Business Heads for their support.
- 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.
- Provide monthly reporting on utilization, NAV triggers, Due Diligence meetings, etc.
- 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.

**What you need to succeed?**
- Undergraduate degree or higher.
- An understanding of credit risks associated with Hedge Funds and the trading products they use.
- A basic knowledge of hedge funds and the different strategies they employ.
- Strong interpersonal skills and the ability to work effectively within a team environment.
- Excellent communication, business development and relationship management skills.
- Ability to prioritize work and manage multiple tasks while meeting time sensitive deadlines.
- Financial accounting skills.
- Strong analytical, technical, written and communication skills.
- A general knowledge of Credit and Credit Risk.

**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, competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
- Flexible work/life balance options

**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**:
2024-10-29

**Application Deadline**:
2024-11-13

**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.

  • Analyst, Global Markets Cb-hedge Funds

    4 weeks ago

    Toronto, Canada BMO Financial Group Full time

    100 King Street West Toronto Ontario,M5X 1A1 BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets The Analyst will be part of Global Markets Corporate Banking team that is...

  • Global Markets Financial Analyst

    3 weeks ago

    Toronto, Ontario, Canada Bank of Montreal Full time

    We are seeking a highly skilled Global Markets Financial Analyst to join our team at BMO Capital Markets. As a key member of our Global Markets Corporate Banking team, you will be responsible for supporting Account Management in making hedge fund credit recommendations.Key ResponsibilitiesResearch and analyze financial information relating to Hedge Funds and...

  • Hedge Fund Accountant/Fund Accountant

    4 weeks ago

    Toronto, ON, Canada SGGG Fund Services Inc. Full time

    SGGG Fund Services Inc. is hiring a Fund Accountant for its Fund Valuation (FV) department. As a member of one of our Client-focused Fund Valuation teams, the Fund Accountant is responsible primarily for producing a daily/weekly/monthly Net Asset Value per Unit (NAVPU) for each assigned Client portfolio, in an accurate and timely manner. Maintain the...

  • Manager, Funds Risk Management

    7 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 194864 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Trade Floor Risk Management (TFRM) is a team within Global Risk Management that measures and monitors market risk arising from Scotiabank GBM's trading and treasury activities of Global Banking and Markets (GBM), Group Treasury (GT)...

  • Fund Services Administrator

    1 week ago

    Toronto, Ontario, Canada SGGG Fund Services Inc. Full time

    About SGGG Fund Services Inc.SGGG Fund Services is a leading independent administrator of alternative funds in Canada, with $95 billion under administration. Our proprietary fund administration software, Diamond, enables our team to provide full-service fund administration to clients from our headquarters in Toronto and affiliate offices in Cayman, the...

  • Private Credit Portfolio Operations Analyst

    7 months ago

    Toronto, Canada harmonic Full time

    Private Credit Portfolio Operations Analyst Established in 2003, Harmonic Fund Services is an independent financial services firm specializing in the global alternative investments industry. We are one of the largest independent fund administrators, delivering a range of services and technology to hedge funds, fund of funds, private equity funds, private...

  • External Hedge Fund Wholesaler

    2 weeks ago

    Toronto, Canada AIP Asset Management Inc. Full time

    **About Us**: AIP Asset Management Inc. is an award-winning asset management firm specializing in innovative investment solutions for accredited and high-net-worth investors. Our flagship fund, the AIP Convertible Private Debt Fund LP, recently won the “Overall Best Canadian Hedge Fund” award. We also offer exclusive access to pre-IPO opportunities...

  • Credit Quant Developer

    4 days ago

    Old Toronto, Canada Finance Professionals Inc. Full time

    p>JOB DESCRIPTIONLocation: Hybrid (Downtown, Toronto)Duration: 1-yearOur client, a leading financial institution in Downtown Toronto, is looking for a Quantitative Developer to develop valuation models for interest rate derivatives, credit derivatives, and MBS, ensuring the theoretical soundness, numerical accuracy, and implementation correctness of these...

  • Supervisor, Fund Accounting

    7 months ago

    Toronto, Canada Citco Full time

    **About Citco** Citco is a global leader in fund services, corporate governance and related asset services with staff across 50 office locations worldwide. With more than $1.8 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs. **About the Team & Business Line**: Fund Administration...

  • Manager, Fund Accounting

    7 months ago

    Toronto, Canada Citco Full time

    **About Citco** Citco is a global leader in fund services, corporate governance and related asset services with staff across 50 office locations worldwide. With more than $1.8 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs. **About the Team & Business Line**: Fund Administration...

  • Credit Analyst

    7 months ago

    Toronto, Canada Fitch Solutions Full time

    At Fitch, we have an open culture where employees are able to exchange ideas and perspectives, throughout the organization, irrespective of their seniority. Your voice will be heard allowing you to have a real impact. We embrace diversity and appreciate authenticity encouraging an environment where employees can be their true selves. Our inclusive and...

  • Hedge Accounting Analyst

    3 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** **What is the opportunity?** The Hedge Accounting Analyst will be responsible to manage the financial control responsibilities in the Wholesale Finance group with the objective of delivering timely, accurate and reliable financial information and working on the reporting and production aspects of RBC’s Net Investment, Cash Flow & Fair...

  • Supervisor, Fund Accounting

    7 months ago

    Toronto, Canada Citco Full time

    **About Citco**: The market leader. The premier provider. The best in the business. At Citco, we’ve been the front-runner in our field since our incorporation in 1948 led to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, push beyond the boundaries of our industry, and shape...

  • Supervisor, Fund Accounting Hedge Funds

    7 months ago

    Toronto, Canada Citco Full time

    **About Citco**: The market leader. The premier provider. The best in the business. At Citco, we’ve been the front-runner in our field since our incorporation in 1948 led to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, push beyond the boundaries of our industry, and shape...

  • Manager, Fund Accounting

    2 weeks ago

    Toronto, Canada Citco Full time

    **About Citco**: The market leader. The premier provider. The best in the business. At Citco, we’ve been the front-runner in our field since our incorporation in 1948 led to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, push beyond the boundaries of our industry, and shape...

  • Analyst, Funds and Loans Operations

    6 months ago

    Toronto, Canada OMERS Full time

    Why join us? Are you looking to join a dynamic pension plan that embodies the strong values of its 500,000 members and is an industry leading global investor? If so, we would love to tell you our story. At OMERS we put our people first and are proud to embrace the diversity of thought and leadership that comes from having locations in Toronto, London, New...

  • Fig Coverage Analyst

    4 weeks ago

    Toronto, Canada Crédit Agricole CIB Full time

    Description du poste **Type de métier**: Types de métiers Crédit Agricole S.A. - Financement et Investissement **Types de métier complémentaires**: Types de métiers Crédit Agricole S.A. - Analyse financière et économique Types de métiers Crédit Agricole S.A. - Commercial / Relations Clients **Intitulé du poste**: FIG Coverage Analyst **Type...

  • Fund Accountant

    4 weeks ago

    Toronto, Canada SGGG Fund Services Inc. Full time

    SGGG Fund Services Inc. is hiring a Fund Accountant for its Fund Valuation (FV) department. As a member of one of our Client-focused Fund Valuation teams, the Fund Accountant is responsible primarily for producing a daily/weekly/monthly Net Asset Value per Unit (NAVPU) for each assigned Client portfolio, in an accurate and timely manner. The position will...

  • Fund Accountant

    4 weeks ago

    Toronto, Canada SGGG Fund Services Inc. Full time

    SGGG Fund Services Inc. is hiring a Fund Accountant for its Fund Valuation (FV) department. As a member of one of our Client-focused Fund Valuation teams, the Fund Accountant is responsible primarily for producing a daily/weekly/monthly Net Asset Value per Unit (NAVPU) for each assigned Client portfolio, in an accurate and timely manner. The position will...

  • Inside Hedge Fund Sales Representative

    2 weeks ago

    Toronto, Canada AIP Asset Management Inc. Full time

    **About Us**: AIP Asset Management Inc. is an award-winning asset management firm specializing in innovative investment solutions. Our flagship fund, the AIP Convertible Private Debt Fund LP, recently earned the prestigious "Overall Best Canadian Hedge Fund" award. Additionally, our Access Pre-IPO (XIPO) product provides accredited investors with exclusive...