Royal Bank of Canada

Collateral Analyst

Royal Bank of Canada$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in collateral management or risk assessment
  • Strong knowledge of ISDA Master and CSA Agreements
  • Proficient in managing margin calls and collateral inventory
  • Experience with cash forecasting and reconciliations
  • Familiarity with collateral management systems and compliance documentation

Responsibilities

  • Assess and manage collateral pledged by RBC
  • Mitigate counterparty credit risk through margin management
  • Validate and ensure timely issuance of margin calls
  • Manage non-cash collateral positions for daily requirements
  • Instruct and approve collateral movements
  • Perform portfolio reconciliations with counterparties
  • Respond to inquiries and escalate issues as necessary

Benefits

  • Comprehensive Total Rewards Program including bonuses
  • Supportive leadership for development opportunities
  • Collaborative and high-performing team environment
  • Challenging work opportunities
  • Flexible work/life balance options
Full Job Description
Job Description

What is the opportunity?
  • To assess, monitor and manage the collateral held and pledged by the Royal Bank of Canada in accordance with the ISDA Master and CSA Agreements
  • Mitigation of counterparty credit risk through the fulfillment of RBC's variation and initial margin requirements
  • Act as a first line of defense to the trading business, ensuring accurate books and records are maintained while providing a seamless client experience


What will you do?

Variation and Initial Margin Requirements
  • Validating and ensuring all margin calls are issued on a timely basis and perform end to end margin processes
  • Ensure agreement and transfer of eligible credit support within specified timeframe in accordance to the terms of the CSA
  • Management of collateral inventory (non-cash) positions to ensure sufficient levels to fulfill daily margin requirements,
  • Instruct and approve collateral movements via SWIFT/email and or FAX
  • Perform cash forecasting as required intra-day
  • Perform portfolio and collateral reconciliations with counterparties
  • Escalate all issues as per agreed terms and standing orders
  • Responding to inquiries on a timely basis


Operational Controls and Reporting
  • Involved in business user testing for enhancements and system integration
  • Operational onboarding of new and/or existing counterparties for applications and services related to the collateral management process
  • Updating of procedure documents as required
  • Ensuring client data is accurately maintained in collateral management system and other documents as required
  • Assist in preparation of margin requirement/funding report and other ad-hoc reports as required


Administrative
  • Respond to audit request
  • Provide extended coverage during absence of team members (e.g. vacation)


What's in it for you?

  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation
  • Leaders who support your development through coaching and managing opportunities
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work
  • Flexible work/life balance options


#LI-KA2

Job Skills
Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process Improvements

Additional Job Details

Address:

90 WESTERN PKY:BEDFORD

City:

Bedford

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-06-23

Application Deadline:

2026-07-07
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

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Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

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