Associate, Institutional Client Credit Management – Global Credit, Global Corporate Banking Jobs in Toronto, Canada at 0000050599 RBC Dominion Securities Inc.
Job Description
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
Strong 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.
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:
Final date to receive applications:
Note: Applications will be accepted until 11:59 PM on the day prior to the Final date to receive applications date above
Compensation for this position (including salary and discretionary/variable payments) will be determined by factors,…
Title: Associate, Institutional Client Credit Management – Global Credit, Global Corporate Banking
Company: 0000050599 RBC Dominion Securities Inc.
Location: Toronto, Canada
Category:
