Collateral Settlement Analyst

rbc; Toronto; On-site; CAD 60,000 - 90,000; Full time

Benefits offered by this job

Bonuses and stock options

Flexible benefits

Dynamic team environment

Job summary

RBC is seeking a Settlement Analyst in Toronto to manage collateral and treasury operations, focusing on interest processing, collateral movements, and account administration. The role requires accuracy, adherence to policy, and risk mitigation across multiple processes.

Ideal candidates have 1-2 years in collateral settlements, strong communication, and a solid understanding of accounting basics. The position offers a full-time salary in a dynamic capital markets environment within RBC Centre.

Qualifications

• 1-2 years of experience in Collateral settlements in Capital Markets; focus on operational risk management.
• Strong critical thinking, problem solving, planning and organizing skills.
• Strong verbal and written communication capability and presentation.
• Ability to lead structured and outcomes-oriented meetings.
• High degree of flexibility and resourcefulness.
• Understanding of basic accounting entries and logic.
• High degree of accuracy and attention to detail.
• Builds strong working relationships with colleagues to leverage knowledge and expertise.

Responsibilities

• Process month-end interest items per counterparty guidelines.
• Capture daily collateral movements accurately and timely.
• Follow procedures to mitigate risk of error.
• Set up new accounts and SSI per SO and Global Payments Policy.
• Identify opportunities to streamline processes and improve productivity.
• Complete month-end reconciliations and escalate as required.
• Escalate issues or non-adherence to policy and procedures.
• Provide backup to Team Lead and teammates as needed.
• Ensure interest rates are accurate in systems and update as required.
• Assist with monthly GL Attestation.
• Contribute input and testing on projects and updates to procedures.

Skills

Collateral settlements

Critical thinking

Communication

Meeting leadership

Flexibility

Accounting basics

Attention to detail

Relationship building

Education

Canadian Securities Courses

CFA (asset)

Tools

RIMMS

Colline

iMatch

DTCC ALERT

Job description

Job Description

What is the opportunity? The Settlement Analyst is responsible for managing critical functions within collateral and treasury operations, with a focus on interest processing, collateral movement tracking, and account administration. This role ensures accuracy, compliance, and operational efficiency across multiple processes while maintaining adherence to Standing Orders, Global Payments Policy, and regulatory requirements including CASS rules. The officer serves as a key operational support function, working to minimize risk and support team continuity.

What will you do?

• The Analyst will ensure that all month end interest items are processed and confirmed as per counterparty guidelines
• Ensure daily collateral movements are captured on time and accurately
• Ensure all processes are followed to mitigate risk of error
• Set up new accounts and SSI as per SO and Global Payments Policy
• Proactively identifies opportunities to further streamline processes and improve productivity.
• Ensure month-end interest reconciliations are completed and items escalated as required
• Escalate any issues or non-adherence to policy and procedures
• Provide backup to Team Lead and other team members as required
• Ensure interest rates are accurate and up to date in systems as required
• Provide assistance on monthly GL Attestation
• Provide input and testing assistance on projects as required
• Assist in updating procedures and policies as required
• Ensure all job functions are performed as per procedures and Standing Orders
• Perform functions for IS Trust ensuring compliance with CASS rules for client money

What do you need to succeed?

• 1-2 years of experience in Collateral settlements in Capital Markets, with focus on supporting operational risk management activities.
• Strong critical thinking, problem solving, planning and organizing skills
• Strong verbal and written communication capability and presentation
• Demonstrated ability to lead structured and outcomes-oriented meetings
• High degree of flexibility and resourcefulness
• Understanding of basic accounting entries and logic
• High degree of accuracy and attention to detail
• Builds strong working relationships with colleagues to leverage knowledge and expertise

Nice to Have:

• Understanding of financial markets, banking, financial markets or accounting.
• Canadian Securities Courses and/or CFA an asset.
• Knowledge of RIMMS, Colline, iMatch, DTCC ALERT and the various processes involved in confirmations and settlements.

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, 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

Job Skills

• Active Learning
• Adaptability
• Capital Markets
• Cash Reconciliations
• Critical Thinking
• Decision Making
• Interest Rates
• Monthly Reconciliations
• Operational Delivery
• Payment Handling
• Process ImprovementsSWIFT Payments
• User Acceptance Testing (UAT)

Additional Job Details

Address: RBC CENTRE, 155 WELLINGTON ST W

City: Toronto

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: CAPITAL MARKETS

Job Type: Regular

Pay Type: Salaried

Posted Date: 2026-09-17

Application Deadline: 2026-10-01
Note : Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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.

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