Investment Policy Senior Analyst/Manager

Royal Bank of Canada•Stamford, WA

6d•Onsite

About The Position

RBC Global Asset Management is seeking an Investment Policy Analyst, reporting to the Investment Policy Director, to join our U.S. team with a specialized focus on Securitized Credit and Collateralized Loan Obligations (CLOs) alongside supporting the business’s other asset classes. This role will serve as a critical control function, ensuring investment activities comply with regulatory requirements and internal investment guidelines while supporting our growing securitized credit business.

Requirements

Bachelor’s degree in finance, economics, accounting, or related field required
3-5+ years of experience in investment compliance, operations, or related role within asset management
Strong understanding of fixed income fundamentals , including: Bond mathematics, duration, yield curves, credit spreads
Securitized products (CLOs, CMBS, RMBS, ABS) structures and characteristics
Leveraged loan market mechanics and terminology
Hands-on knowledge of regulatory frameworks including ERISA, SEC, Volcker and Investment Company Act of 1940
Proficiency with Charles River Investment Management System

Nice To Haves

CFA, CAIA, or progress toward completion preferred
Advanced Excel skills (complex formulas, pivot tables, data analysis)
SQL or database query experience

Responsibilities

Configure, monitor, and maintain pre-trade compliance alerts in relevant systems and applications applicable to securitized credit and CLO strategies
Review and interpret complex investment guidelines for CLOs, structured credit mandates, and ERISA/40 Act compliant vehicles
Provide real-time guidance to Portfolio Managers and traders on compliance with investment restrictions prior to trade execution
Develop and code custom compliance rules in Charles River to address unique structured product characteristics and investment guidelines
Proactively identify potential compliance issues and work with investment teams to prevent violations
Support ‘other’ investment teams (including Europe) in monitoring and breach identification, investment guideline advisory, new fund onboarding and assistance with the overall management of the investment policy framework
Monitor post-trade compliance alerts and investigate exceptions
Manage breach resolution process, including root cause analysis, documentation, and client reporting.
Coordinate with Operations and Portfolio Managers to correct errors and implement remediation plans
Maintain comprehensive records of compliance exceptions, breaches, and resolutions
Prepare regular compliance reporting for internal stakeholders and external clients
Collaborate with Legal and Investment teams to draft and maintain investment policy documentation
Stay current on regulatory developments affecting securitized credit (ERISA fiduciary rules, 40 Act diversification requirements, risk retention rules, etc.)
Advise on regulatory implications of new product development and investment strategies
Contribute to the development and enhancement of compliance procedures and controls
Test and validate system changes, ensuring accuracy of compliance monitoring
Partner with Technology and Data teams on system enhancements and data integrity issues
Troubleshoot technical issues related to compliance monitoring systems
Implement and assist in the maintenance of relevant third-party systems