Collateral Analyst

RBC; Toronto; On-site; CAD 70,000 - 110,000; Full time

Benefits offered by this job

Bonuses and flexible benefits

Coaching and development opportunities

Dynamic, collaborative, highPerforming

Challenging work

Flexible work/life balance options

Job summary

RBC in Toronto is seeking a collateral management professional to assess, monitor and manage pledged collateral under ISDA Master and CSA agreements. You will mitigate counterparty credit risk by fulfilling margin requirements and act as a first line of defense ensuring accurate books and a seamless client experience.

The role focuses on variation and initial margin processes, daily collateral calls, reconciliation, and process improvements within a dynamic capital markets environment.

Qualifications

• Post-secondary education (undergraduate) or equivalent in a relevant field.
• Excellent verbal, written, and interpersonal skills.
• Ability to multi-task in a fast-paced environment.
• Strong analytical and problem-solving skills.
• High degree of accuracy and attention to detail.

Responsibilities

• Assemble collateral information daily and call for collateral.
• Ensure transfer of eligible credit support within CSA terms.
• Manage collateral inventory to meet daily margin requirements.
• Ensure collateral bookings are accurate per CSA terms.
• Perform portfolio and collateral reconciliations with counterparties.
• Escalate issues per standing orders and respond to inquiries.
• Assist in onboarding counterparties and updating procedures.

Skills

Verbal communication

Written communication

Interpersonal skills

Analytical thinking

Multitasking

Attention to detail

Education

Undergraduate degree or equivalent

Job description

Job Description

• To assess, monitor and manage the collateral held and pledged by the Royal Bank of Canada in accordance with the ISDA Master and CSA Agreements
• Mitigation of counterparty credit risk through the fulfillment of RBC’s variation and initial margin requirements
• Act as a first line of defense to the trading business, ensuring accurate books and records are maintained while providing a seamless client experience

What will you do?

Variation and Initial Margin Requirements

• Assemble collateral information daily, making timely calls for collateral using internal collateral management system
• Ensure agreement and transfer of eligible credit support within specified timeframe in accordance to the terms of the CSA
• Management of collateral inventory (non-cash) positions to ensure sufficient levels to fulfill daily margin requirements,
• Ensure all collateral booked is processed accurately and in accordance with the CSA terms and other relevant documents
• Perform portfolio and collateral reconciliations with counterparties
• Escalate all issues as per agreed terms and standing orders
• Responding to inquiries on a timely basis

Operational Controls and Reporting

• Involved in business user testing for enhancements and system integration
• Operational onboarding of new and/or existing counterparties for applications and services related to the collateral management process
• Updating of procedure documents as required
• Ensuring client data is accurately maintained in collateral management system and other documents as required
• Assist in preparation of margin requirement/funding report and other ad-hoc reports as required

Administrative

• Respond to audit request
• Training of staff on new and/or existing processes
• Provide extended coverage during absence of team members (e.g. vacation)

What you need to succeed?

Must-have

• Post-secondary education (undergraduate) or equivalent in a relevant field
• Excellent verbal, written, and interpersonal skills, and the ability to work collaboratively with diverse groups of people across the organization
• Demonstrated ability to multi-task effectively and work in fast-paced environment
• Strong analytical and problem solving skills
• High degree of accuracy and attention to detail

Nice-to-have

• CSC or CFA

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 work
• Flexible 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

Toronto

Country

Canada

Work hours/week

37.5

Employment Type

Full time

Platform

CAPITAL MARKETS

Job Type

Regular

Pay Type

Salaried

Posted Date

2026-08-18

Application Deadline

2026-09-01

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.