Bank Loan Finance Desk Analyst
About The Position
The role will initially be responsible for booking loan trades that hedge our Total Return Swaps (TRS) to clients as well as booking/updating the TRS, which is mostly done in Excel with macros. The candidate will also be responsible for reconciling/confirming positions, tracking and resolving margin disputes and booking loan hedge accrual resets. Candidate will also participate in migrating the bookings from spreadsheets to a strategic booking solution to automate: Desk PnL, downstream Market and counterparty risks, Settlements and accounting. Additionally, the candidate will assist with internal presentations and approvals for both TRS and SPV Financing structures and support senior desk member with financing asset level approvals received from clients.
Requirements
- Self-Starter
- Knowledge of trading markets, derivatives, credit/loan markets a plus
- Strong technology skills
- Knowledge of RBC support teams processes (Market Risk, Credit Risk, Counterparty Credit Risk, Product Control, Ops)
- Understanding and interest in fundamental credit analysis a plus
- Appropriate licenses and registrations
- Authority to transact on behalf of the firm
- Multi-product and derivatives competent
- Supports Non-Traditional ABS origination team within the broader ABS Origination and Global Spread Products businesses
- Adaptability
- Critical Thinking
- Customer Service
- Detail-Oriented
- Financial Engineering
- Financial Statement Analysis
- Investments Analysis
- Personal Development
- Personal Initiative
- Teamwork
Nice To Haves
- Knowledge of trading markets, derivatives, credit/loan markets
Responsibilities
- Booking loan trades that hedge Total Return Swaps (TRS) to clients
- Booking/updating the TRS in Excel with macros
- Reconciling/confirming positions
- Tracking and resolving margin disputes
- Booking loan hedge accrual resets
- Participating in migrating bookings from spreadsheets to a strategic booking solution to automate Desk PnL, downstream Market and counterparty risks, Settlements and accounting
- Assisting with internal presentations and approvals for both TRS and SPV Financing structures
- Supporting senior desk member with financing asset level approvals received from clients
Benefits
- A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and 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
- Opportunities to do challenging work
- Opportunities to building close relationships with clients
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
