Senior Analyst, Collateral Management
Top Benefits
About the role
Job Description
What is the opportunity?
We are seeking a Senior Analyst to support collateral management operations of the RBC ICL Investment Group within RBC ICL. The ideal candidate will provide positive advice and counsel for collateral trade operations and agreement administration for insurance products and derivatives while collaborating closely with internal and external stakeholders. This role is essential for ensuring effective collateral trade management and governance, maintaining strong risk controls, and supporting strategic decision-making.
What will you do?
- Support management and administration of collateral agreements for longevity swaps and other complex derivatives
- Review and monitor Credit Support Annex (CSA) documentation and ongoing compliance for derivative transactions
- Monitor collateral/ margin calls and advice for RBCICL when deviations from policy or limits are encroaching
- Partner with Research & Asset Allocation and Trading teams to generate positive advice and counsel ideas for local mind and management for collateral allocation and optimization
- Partner with TIDAL and Total Fund Management team to ensure accurate collateral reporting and data integrity
- Partner with Finance Operations to ensure appropriate settlement, reconciliation, and operational risk management
- Provide analytical input into collateral governance frameworks, and liquidity discussions
- Prepare reports and present collateral strategies, risk considerations, and governance updates to senior management
- Support regulatory and internal risk reporting processes; prepare daily desk position, P&L, and risk metrics
What do you need to succeed?
Must-have
- Bachelor's in Finance, Economics, Mathematics, or related field
- 4+ years of experience with exposure to derivatives in a front office, treasury or trading floor context
- Strong quantitative and analytical skills with ability to synthesize complex financial data
- Demonstrated stakeholder management experience across trading and settlement functions
- Ability to work independently and make sound decisions in a fast-paced environment
Nice-to-have
- Proven expertise managing CSA agreements and collateral transactions for derivatives
- Knowledge of collateral frameworks, regulatory requirements, and market best practices
- Completion of, or working toward, FRM (Financial Risk Manager) or Chartered Financial Analyst (CFA) credential
- Experience with longevity swaps or insurance-linked derivatives
- Proficiency with Bloomberg, Murex, or other trade management systems
- Knowledge of IFRS 9 or IFRS 17 accounting standards
What’s in it for you?
- A comprehensive Total Rewards Program including competitive compensation, flexible benefits, and discretionary bonus opportunities.
- Exposure to senior leaders and the opportunity to influence key treasury and trading decisions.
- Leaders who support your growth with coaching and career development opportunities.
- Work in a dynamic, collaborative, high-performing team within the Chief Investment Office.
- The opportunity to take on challenging and meaningful work that directly impacts liquidity, capital efficiency, and risk management outcomes.
- RBCI software tools to boost your productivity
Job Skills
Adaptability, Communication, Critical Thinking, Customer Service, Detail-Oriented, Group Problem Solving, Industry Knowledge, Information Capture, Investment Banking, Multi-Level Communication, Negotiation, Product Services, Teamwork
Additional Job Details
Address:
RBC CENTRE, 155 WELLINGTON ST W:TORONTO
City:
Toronto
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
INSURANCE
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2026-04-15
Application Deadline:
2026-05-01
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 Range
The expected pay range for this position is:
$55,000.00 - $90,000.00
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.
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
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 jobs.rbc.com.
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.
Not the right fit? Search for Analyst, Collateral Management jobs in Toronto, ON
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.
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Senior Analyst, Collateral Management
Top Benefits
About the role
Job Description
What is the opportunity?
We are seeking a Senior Analyst to support collateral management operations of the RBC ICL Investment Group within RBC ICL. The ideal candidate will provide positive advice and counsel for collateral trade operations and agreement administration for insurance products and derivatives while collaborating closely with internal and external stakeholders. This role is essential for ensuring effective collateral trade management and governance, maintaining strong risk controls, and supporting strategic decision-making.
What will you do?
- Support management and administration of collateral agreements for longevity swaps and other complex derivatives
- Review and monitor Credit Support Annex (CSA) documentation and ongoing compliance for derivative transactions
- Monitor collateral/ margin calls and advice for RBCICL when deviations from policy or limits are encroaching
- Partner with Research & Asset Allocation and Trading teams to generate positive advice and counsel ideas for local mind and management for collateral allocation and optimization
- Partner with TIDAL and Total Fund Management team to ensure accurate collateral reporting and data integrity
- Partner with Finance Operations to ensure appropriate settlement, reconciliation, and operational risk management
- Provide analytical input into collateral governance frameworks, and liquidity discussions
- Prepare reports and present collateral strategies, risk considerations, and governance updates to senior management
- Support regulatory and internal risk reporting processes; prepare daily desk position, P&L, and risk metrics
What do you need to succeed?
Must-have
- Bachelor's in Finance, Economics, Mathematics, or related field
- 4+ years of experience with exposure to derivatives in a front office, treasury or trading floor context
- Strong quantitative and analytical skills with ability to synthesize complex financial data
- Demonstrated stakeholder management experience across trading and settlement functions
- Ability to work independently and make sound decisions in a fast-paced environment
Nice-to-have
- Proven expertise managing CSA agreements and collateral transactions for derivatives
- Knowledge of collateral frameworks, regulatory requirements, and market best practices
- Completion of, or working toward, FRM (Financial Risk Manager) or Chartered Financial Analyst (CFA) credential
- Experience with longevity swaps or insurance-linked derivatives
- Proficiency with Bloomberg, Murex, or other trade management systems
- Knowledge of IFRS 9 or IFRS 17 accounting standards
What’s in it for you?
- A comprehensive Total Rewards Program including competitive compensation, flexible benefits, and discretionary bonus opportunities.
- Exposure to senior leaders and the opportunity to influence key treasury and trading decisions.
- Leaders who support your growth with coaching and career development opportunities.
- Work in a dynamic, collaborative, high-performing team within the Chief Investment Office.
- The opportunity to take on challenging and meaningful work that directly impacts liquidity, capital efficiency, and risk management outcomes.
- RBCI software tools to boost your productivity
Job Skills
Adaptability, Communication, Critical Thinking, Customer Service, Detail-Oriented, Group Problem Solving, Industry Knowledge, Information Capture, Investment Banking, Multi-Level Communication, Negotiation, Product Services, Teamwork
Additional Job Details
Address:
RBC CENTRE, 155 WELLINGTON ST W:TORONTO
City:
Toronto
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
INSURANCE
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2026-04-15
Application Deadline:
2026-05-01
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 Range
The expected pay range for this position is:
$55,000.00 - $90,000.00
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.
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
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 jobs.rbc.com.
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.
Not the right fit? Search for Analyst, Collateral Management jobs in Toronto, ON
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.