Associate

RBC; Toronto; On-site; CAD 70,000 - 95,000; Full time

Benefits offered by this job

Comprehensive Total Rewards Program

Flexible benefits

Competitve compensation

Job summary

RBC is looking for a qualified individual to provide expertise for the Central Funding Group, assisting with new projects and existing business processes. This role requires a strong understanding of securities finance and derivative transactions, along with excellent problem-solving and communication skills.

The position involves documenting and facilitating KYC processes while proactively identifying operational risks. Benefits include a comprehensive rewards program and the chance to work in a collaborative environment.

Qualifications

• In depth knowledge of derivatives and securities finance documentation.
• Thorough understanding of bank structure and trading products.
• Understanding of risk management, credit, and approval processes.

Responsibilities

• Provide expertise for Central Funding Group projects.
• Track outstanding KYC completions and assist with yearly refresh.
• Identify operational risks and control deficiencies.

Skills

Understanding of securities finance and derivative transactions

Strong problem-solving skills

Ability to balance competing work demands

Communication skills

Organizational skills

Tools

Securities finance trading systems

Job description

What is the opportunity?

To provide expertise and input for Central Funding Group new projects and initiatives and to advise on and facilitate various processes for existing Central Funding Group businesses.

Responsibilities

• Providing input and implementation assistance where required for any Central Funding Group project, new business or initiative
• Facilitating documentation for any Central Funding Group trading desk globally
• Facilitating KYC for Central Funding Group products, tracking outstanding KYC completions and assisting with yearly refresh
• Proactively identifying operational risks and control deficiencies in the business
• Review and comply with Firm Policies applicable to your business activities
• Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions on a timely basis
• Facilitating appropriate filings for US Treasury Clearing with FICC and tracking completion
• Tracking US Treasury Clearing documentation and status

Required Qualifications

• Understanding of securities finance and derivative transactions
• In depth knowledge of derivatives and securities finance documentation

Technical Qualifications

• Knowledge of securities finance trading systems
• Understanding of risk management, credit and approval processes
• Thorough understanding of bank structure, bank subsidiary structure, trading products and trading businesses
• Solid understanding of financial markets

Behavioral Qualifications

• Ability to balance competing work demands under tight deadlines
• Strong problem‑solving, communication and decision‑making skills
• Works with diverse personalities
• Needs a high level of organizational skills

Preferred Qualifications

• Strong written and oral communication skills
• Extensive experience working in a financial environment; ability to analyze risk
• Good communication skills

Benefits

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
• Work in a dynamic, collaborative, progressive, and high‑performing team
• Opportunities to do challenging work
• Opportunities to build close relationships with clients
• Access to a variety of job opportunities across business and geographies