Analyst Network Management

RBC • Toronto, ON

1d • CA$55,000 - CA$90,000 • Onsite

About The Position

Network Management within RBC Investor Services is responsible for the appointment, oversight and ongoing management of the agent bank network across more than 90 markets globally. The team works at the intersection of custody operations, regulatory change, post-trade market structure and client service, with close collaboration across Investor Services, Product, Market Services and Operations. The Analyst role sits within a small global team with a broad mandate. The position offers exposure across cost and fee analysis, regulatory change tracking, agent bank due diligence, RFP processes and governance oversight, with the opportunity to develop deep subject matter expertise across multiple workstreams from an early stage.

Requirements

• Undergraduate degree, preferably in finance, economics, mathematics, engineering, or a related quantitative discipline
• 1 to 2 years of relevant work experience, or a recent graduate with substantive internship or co-op experience in financial services, operations, data, or a related field
• Strong analytical skills, with the ability to work with large datasets, identify trends and draw well-reasoned conclusions from data
• High proficiency in Microsoft Excel, including the ability to build models and conduct quantitative analysis from scratch
• Demonstrated practical experience with AI tools beyond standard chat interfaces, including IDE-integrated tools such as Claude Code or Cursor; candidates should be able to speak concretely to tools used and workflows improved through self-directed experimentation
• Strong attention to detail and a high standard of written output
• Self-directed working habits, intellectual curiosity and the ability to manage multiple priorities without close supervision

Nice To Haves

• Working knowledge of post-trade market structure, custody or global capital markets
• Active engagement with current regulatory and market developments, including T+1 settlement, digital asset custody frameworks, MiKaDiv (Germany, effective January 2027) and subcustodian due diligence standards (AFME DDQ)
• Proficiency in Python, SQL or data visualisation tools (e.g. Power BI, Tableau), or experience with quantitative or econometric analysis
• Experience preparing structured analytical output, briefing notes or presentations for a professional audience

Responsibilities

• Analyze agent bank fee structures, AUC movements, transaction volumes and cost drivers across the network, producing work that directly informs fee negotiations, bank selection decisions and strategic reviews.
• Build and maintain analytical models to support ongoing network performance monitoring, including investment trend analysis, market share movements and transaction-to-fee ratios.
• Monitor regulatory and market developments across the network, including post-trade reform, settlement infrastructure changes and evolving custody frameworks (e.g. T+1 settlement, MiKaDiv, digital asset custody regulation), and translate findings into briefings, client communications and internal recommendations.
• Track industry frameworks and documentation standards relevant to subcustodian oversight (e.g. AFME DDQ) and contribute to materials that inform market entry, exit and ongoing positioning decisions.
• Develop and apply judgement in the ongoing assessment of agent bank relationships, evaluating credit risk, regulatory standing and operational capability to inform RBCIS's comfort with risk across individual banks and markets.
• Maintain network management policies, frameworks and internal documentation in line with governance and compliance requirements, and act as a point of contact for audit and regulatory reporting items.
• Contribute to RFP and tender processes, including drafting questionnaires, developing evaluation criteria and scoring responses to support agent bank selection and review.
• Act as a day-to-day point of contact for Network Management service queries from other RBC entities, including management of quarterly invoicing.

Benefits

• bonuses
• flexible benefits
• competitive compensation
• commissions
• stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Flexible work/life balance options.
• Opportunities to do challenging work.
• Opportunities to take on progressively greater accountabilities.
• Access to a variety of job opportunities across business.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level