ICCM Asset Management & Funds - Analyst (London)

Royal Bank of Canada; City of Westminster; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading financial institution based in London is seeking an Analyst for its Institutional Client Credit Management team. This role includes managing and administrating credit and transactional risk limits related to asset management and fund relationships. The successful candidate will prepare credit submissions and coordinate onboarding workflows across various teams. An honors degree in Finance or a related field is required, with preference given to those holding an MBA or professional designation. The role offers a full-time work schedule in a dynamic financial services environment.

Qualifications

• Understanding and knowledge of the fund industry and relevant regulations.
• Experience with legal documents like Private Placement Memoranda and LPAs.
• Ability to read and comprehend complex documents.

Responsibilities

• Prepare transaction requests supporting trading activities.
• Maintain trading limit data accuracy.
• Coordinate client set-up across various teams.
• Assist in annual reviews of Capital Market relationships.

Skills

Understanding of fund industry regulations

Familiarity with trading products

Advanced Excel skills

Strong communication skills

Attention to detail

Education

Honours degree in B.A., B.Comm., B.Sc. or equivalent

MBA or relevant post-graduate degree

Job description

RBC's Institutional Client Credit Management (ICCM) Asset Management & Funds team is looking for an Analyst to assist in the management and administration of authorized credit and transactional risk limits for various asset manager and fund relationships. The role is directly responsible for preparing credit submissions and coordinating onboarding workflow across KYC, tax, regulatory, operational and legal aspects.

Responsibilities

• Timely preparation of transaction requests to support RBC CM trading activities with global asset managers on behalf of the funds they manage.
• Understand and assess client investment strategies from a risk perspective.
• Maintain and accuracy of trading limit data within CCMS.
• Review trading counterparties, including regulated mutual funds, pension funds, trusts and endowments, alternative accounts, hedge funds, and private capital accounts.
• Instruct and coordinate client set‑up requirements across KYC, tax, regulatory, operational and legal teams.
• Manage compliance, limit excesses, supporting ATE triggers, and NAV monitoring where needed.
• Assist in annual reviews for Capital Market relationships.
• Complete assigned projects and other duties in an efficient and effective manner that supports business initiatives.
• Initiate and maintain contact with trading professionals, Group Risk Management—Credit, Market Risk, Trading Credit Risk, Trading Documentation and RBC Law Group.

Qualifications

• Understanding and knowledge of fund industry and securities regulations governing funds.
• Familiarity and basic understanding of trading products including FX, swaps and securities finance.
• Advanced data and computer management skills, including proficiency with Excel.
• Ability to establish priorities and manage tasks with attention to detail.
• Strong verbal and written communication skills.
• Minimum: Honours degree in B.A., B.Comm., B.Sc., or equivalent.
• Nice‑to‑have: MBA, professional designation (e.g., CA, CMA, CFA) or a post‑graduate degree with a focus in finance, economics or quantitative discipline.
• Experience reading and understanding complex legal documents such as Private Placement Memoranda (PPMs), Limited Partnership Agreements (LPAs), structure charts.
• Experience with AI models and agents, including their application in automation, data analysis and process optimization.

Pay/Location

Address: 100 BISHOPSGATE, LONDON City: London Country: United Kingdom
Work hours/week: 35
Employment Type: Full time
Platform: CAPITAL MARKETS
Job Type: Regular
Pay Type: Salaried
Posted Date: 2025-12-12
Application Deadline: 2025-12-26

Equal Opportunity Statement

RBC strives to deliver a workplace based on respect, belonging and opportunity for all. We believe an inclusive workplace with diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world.