Collateral Management Officer

January 9 2025
Industries Bank, Insurance, Financial services
Categories Bank, Insurance, Financial services, Management, Administration
Toronto, ON • Full time

Job Summary

Job Description

What is the opportunity?

RBC Investor & Treasury Services (I&TS) 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 I&TS policy and regulatory requirements.

What will you do?

  • Perform asset valuations on loan and collateral positions to ensure RBC I&TS 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

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 workFlexible work/life balance options

Job Skills

Adaptability, Critical Thinking, Customer Service, Decision Making, Interpersonal Relationship Management, Operational Delivery, Process Improvements, Time Management

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-01-09

Application Deadline:

2025-01-23

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 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.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

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