Job Description

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you\xe2\x80\x99re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title Associate Director, Repo. Financing Services, Funding & Lending, Capital Markets Ops



What is the opportunity?

You will be responsible for BCS Repo Financing Services and non-cleared OTC Derivatives Collateral Management functions in Europe.

Managing a high performing collateral management team, working closely with front office, functions, and external counterparties in ensuring all margin exposures are covered daily.

What will you do?

Responsible for overseeing relevant activities performed on behalf of RBC Capital Markets, including oversight of BAU operational procedures, issue management and escalation of matters requiring management support/decision making

Drive continuous change and improvement keeping all areas of responsibility abreast of regulatory, compliance and business led initiatives

Ensure that each support group is leveraging existing technology, coordinates enhancements to improve working processes and works closely with the front office

To ensure accurate and timely deal processing and settlement, mark to market exposure monitoring payments, confirmations and regulatory reporting; all completed in accordance with Standing Orders and Unit Financial Control requirements

As a people manager role, ensure that staff are fully aware of their mandates, receive proper training and execute their duties in accordance with Standing Orders and Unit Financial Controls

Coordination and collaboration with colleagues and partners located in different region and across legal entities.

What do you need to succeed?

Must-have

Knowledge of Repo and Securities Finance product and collateral

Experienced people manager

The nature of being in a management role in Operations requires rapid but objective assessment on issues relating to the business and trading floor practices, especially when under pressure and tight deadlines

Be able to confidently collaborate with Information Technology, Finance, Global Market Business, Legal and Compliance, Group Risk Management, External providers (system vendors, ICSDs, CSDs, Tri-party agents, etc.)

Need to have strong securities and cash settlements knowledge.

Nice-to-have

Macro VBA skills

Experience with APEX, GLOSS, RIMMS, Colline and Acadia Margin Manager.

What is in it for you?

We thrive on the challenge to be our best - progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation

Leaders who support your development through coaching and managing opportunities

Opportunities to work with the best in the field

Ability to make a difference and lasting impact

Work in a dynamic, collaborative, progressive, and high-performing team

A world-class training program in financial services

Flexible working options fully supported.

Job Summary

Address: London, United Kingdom of Great Britain and Northern Ireland

City: GBR-GREATER_LONDON-LONDON

Country: United Kingdom

Work hours/week: 35

Employment Type: Full time

Platform: Capital Markets

Job Type: Regular

Pay Type: Salaried

Posted Date: 2023-07-04

Application Deadline: 2023-07-18

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers.

Royal Bank of Canada