Collateral Analyst

Royal Bank of Canada • Toronto, ON

2d • Onsite

About The Position

Monitor exposures to ensure collateralization of bilateral repo deals and Triparty deals.

Requirements

• 1 to 2 years of experience with Microsoft Office applications
• Post-secondary education or equivalent

Nice To Haves

• Communication
• Critical Thinking
• Customer Service
• Interpersonal Relationship Management
• Operational Delivery
• Process Improvements
• Time Management

Responsibilities

• Facilitate repo margin calls for DSIN and RBCT entities, resolve any breaks arising from issues in trade flows
• Monitor exposure and execute margin calls for single entity margin counterparts as well as central book counterparts
• Track interest and facilitate monthly payment for all margin counterparts
• Ensure all deals at the Triparty are covered and keep Front Office informed of excess/shortfall
• Monitor liquidity forecasting at Triparty throughout the day to ensure coverage for unwind and escalate intraday funding requirement where necessary
• Escalate and resolve any margin disputes with assistance of repo Front Office in a timely manner
• Report all unresolved margin disputes > 1MM to Front Office and Credit Risk team
• Track and report daily repo margin call metrics (number/value of calls, disputes, fails)
• Provide vacation/back up coverage for fellow team members

Benefits

• bonuses
• flexible benefits
• competitive compensation

What This Job Offers

• Job Type: Full-time
• Education Level: Associate degree