Collateral Management Officer

Job Summary

Job Description

What is the opportunity?

RBC Investor Services (IS) has an opportunity available for someone looking to grow within a fast paced, dynamic environment. In this role, you will be responsible for ensuring that all Securities Lending transactions are fully secured by acceptable collateral and minimum margin requirements, while ensuring that all elements of risk and compliance are in line with contractual, RBC IS policy and regulatory requirements.

What will you do?

• Perform asset valuations on loan and collateral positions to ensure RBC IS and its clients are protected
• Develop and implement changes to collateral procedures and monitor acceptability of specific collateral portfolios based on the risk in quality, liquidity, marketability, concentration limits and diversification limits
• Manage the policy adherence and risk monitoring functions and monitor all system records for collateral transactions to ensure integrity of balances.
• Maintain relationship with internal and external stakeholders to facilitate actions related to Securities Lending operations.

• Manage relationship with counterparties, internal trading desks and Securities Lending teams.
• Complete investigations, analysis, and solution implementation where applicable.
• Continually ensure high standards of operation, risk and relationship management within the group.
• Ensure timely escalation to Management of any situation where Securities Lending is outside set Risk Policies outlining mitigation and recommendations for changes, if necessary.
• Develop technical expertise and perform testing for critical and strategic projects for both Operations and Product Development
• Improve the risk profile and efficiency of the group by continuous efforts to identify and recommend changes.

What do you need to succeed?

Must-Have:

• Professional knowledge of financial instruments, capital markets and operations.
• Demonstrated strategic team player with the ability to grow and motivate others
• The ability to adhere to high levels of accuracy in a fast-paced environment
• Strong MS Office knowledge Process and time management skills

Nice-to-Have:

• University or post-graduate degree
• VBA coding and macro development is an asset
• Operational and Client Service Experience
• Securities Lending experience

Whats 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
• Opportunity to obtain hands-on experience throughout your role
• Working with an exciting, close-knit, supportive & dynamic group
• Opportunity to collaborate with other business segments within the bank
• Excellent career development and progression opportunities
• A comprehensive Total Rewards Program including bonuses and flexible benefits
• Competitive compensation

Job Skills

Additional Job Details

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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At 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.

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