Collateral Analyst

RBC•Toronto, ON

2d•Onsite

About The Position

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

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