Job DescriptionWhat is the opportunity? The Hedge Funds team within ICCM is responsible for managing RBC's credit relationships with Hedge Fund managers. The incumbent will partner with all of RBC Capital Market's trading desks to ensure optimization of credit appetite, the use of trading lines and maximize revenue with Hedge Fund managers. The role includes the responsibility for ensuring the necessary support for trading desks to meet their established targets for growing revenues with Hedge Fund managers within RBC's risk appetite, while serving as a primary point of engagement with clients.
What will you do?- Timely preparation of transaction requests in support of RBCCM credit intensive trading activities with global hedge fund managers on behalf of the funds they manage
- Support the maintenance and management of the credit relationship of a diverse portfolio of Hedge Fund accounts.
- Work with and advise product partners on the optimal amount of trading credit required to meet our strategic objectives with each client relationship.
- Support the management of the complete credit onboarding process in support of RBCCM trading relationships (risk limits, regulatory, legal, compliance, tax, and operational matters).
- Prepare and submit trading line requests to relevant Business Heads for their support.
- Participate in and create call memos for annual credit Due Diligence meetings.
- Work with our Trading Documentation team to ensure proper trading documents are negotiated.
- Continuous maintenance of accurate counterparty compliance reports including NAV and performance data.
- Work with other ICCM team members to strategically address any and all counterparty credit concerns that may arise.
- Understand and apply securities regulations governing hedge funds, mutual funds, pension funds and other institutional counterparties.
What do you need to succeed?Must have's: - Minimum: Honours, B.A. or B. Comm.
- Minimum 3-5 years of experience in financial services
- Strong financial risk analysis and/or accounting skills
- Ability to prioritize work and manage competing demands
- Excellent written and verbal communication skills
- Familiarity with the RBC Capital Markets credit process and trading agreements
- Ability to work in an interactive team environment
- Strong general PC skills and demonstrated capability to learn key internal systems
- An understanding of credit risks associated with Hedge Funds and the trading products they use.
- A basic knowledge of hedge funds and the different strategies they employ.
Nice-to-have - Academic background with a combination of master's level accreditation: usually an MBA, CFA, CA, other professional designation or relevant work experience
What's in it for you?- 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.
- 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.
Job SkillsAdaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork
Additional Job DetailsAddress:ROYAL BANK PLAZA, 200 BAY ST:TORONTO
City:Toronto
Country:Canada
Work hours/week:37.5
Employment Type:Full time
Platform:CAPITAL MARKETS
Job Type:Regular
Pay Type:Salaried
Posted Date:2026-06-19
Application Deadline:2026-07-03
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.
Pay RangeThe expected pay range for this position is:
$90,000.00 - $135,000.00
The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.
You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
