2027 Investor Services, PEY Securities Lending Desk (12-16 months)

0000055528 RBC Investor Services Trust; Toronto; On-site; CAD 35,000 - 52,000; Full time

Job summary

RBC Investor Services Trust in Toronto is offering a 12-16 month opportunity on the Securities Lending Desk. You will support market execution with borrowers, maximize profitability within products, and lead automation and modernization projects, blending hands-on trading with tech-driven process improvements.

The role emphasizes developing automation using AI/ML concepts, prototyping new tools, and modernizing legacy Excel-based processes to improve efficiency and client service.

Qualifications

• Strong numeracy and analytical skills with attention to detail.
• Proactive approach and ability to manage multiple initiatives.
• Comfort with programming and data tools to automate processes.

Responsibilities

• Execute securities lending transactions within policy and credit limits.
• Monitor recall process and support traders to cover client sales.
• Update pricing files and prepare daily loan push lists.
• Produce ad hoc reports and renegotiate loan pricing as needed.
• Identify automation opportunities and prototype AI/device solutions.
• Streamline operations like borrower locates and settlement workflows.
• Investigate trade discrepancies and data quality issues.

Skills

Strong numeracy

Analytical skills

Attention to detail

Self-starter

Ability to work under pressure

Innovative thinking

Team player

Communication

Tools

Python

VBA

SQL

Excel

PowerPoint

Access

Bloomberg

Job description

Job Description

What is the opportunity? This is a unique 12-16 month opportunity to join the Securities Lending Desk as both a trading team member and an innovation driver. The role entails directly supporting the Desk who is responsible for market execution with borrowers, maximizing profitability within existing products, and identifying revenue opportunities for our lending clients, while spearheading automation and modernization initiatives that directly impacts our business. This role offers the rare combination of hands-on market experience and the autonomy to identify and solve operational challenges through technology and process improvement.

Tasks and Responsibilities

• BAU responsibilities (Trading): Execute securities lending transactions with approved borrowers within the boundaries of our legal agreements and approved credit limits and policies
• Monitor the daily recall process with borrowers and escalating any issues to the traders while working with the Service Delivery team in ensuring client sales are covered
• Update the daily Pricing file (data file from S&P Markit) before market open
• Prepare daily push lists for both fixed income and equities prior to market open
• Produce ad hoc reports for analysis and revenue opportunities
• Run re-rate tool and renegotiate pricing on existing loans
• Investigate and resolved any trade discrepancies and contract compare breaks
• Review specials lists and help mine our custody clients’ assets listing for revenue opportunities
• Project Work (Automation & Innovation): Assess current desk operations to identify inefficiencies, manual bottlenecks, and areas ripe for automation
• Explore and prototype applications of AI and machine learning to enhance desk efficiency, decision-making, and client service
• Evaluate and modernize legacy automation tools hosted on Excel macros, replacing them with robust, maintainable solutions
• Develop solutions to streamline manual operations such as borrower locates, loan recall communication and tracking, settlement workflows, and lending program rule maintenance.

Learning and Development opportunities

Further understanding of financial markets, trading strategies and the securities lending industry. Implement theoretical programming and AI knowledge into a fast-paced sales and trading environment. This role crosses paths with many other areas of RBC IS; Client operations, Client Coverage, Collateral and mid-office support groups where additional experience can be gained.

Required Skills

• Behavioural skill-set
• Strong numeracy and analytical skills
• High attention to detail and accuracy
• Self-starter and a proactive disposition
• Ability to excel in a stressful environment, properly prioritize and manage several competing initiatives / responsibilities while meeting firm deadlines
• Innovative thinking
• Demonstrated strategic team player
• Technical skill-set
• Familiarity/ in depth knowledge of Custody or Securities Finance Business
• Strong programming abilities – Python, VBA, SQL, Proactive AI learner and adopter
• Strong system abilities – Excel, PowerPoint, Access, Bloomberg
• Solid understanding of economic concepts with ability to learn applied financial concepts on the role

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. Excellent exposure to communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriate. Working with an exciting, close-knit, supportive & dynamic group and Opportunity to collaborate with other business segments within the bank.

Job Skills

Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative

Additional Job Details

• Address: RBC CENTRE, 155 WELLINGTON ST W:TORONTO City: Toronto Country: Canada
• Work hours/week: 37.5
• Employment Type: Full time
• Platform: WEALTH MANAGEMENT
• Job Type: Student/Coop (Fixed Term)
• Pay Type: Salaried
• Posted Date: 2026-09-16
• Application Deadline: 2026-10-01

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

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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. 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. 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. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.