Job DescriptionWhat 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 derivativesReview and monitor Credit Support Annex (CSA) documentation and ongoing compliance for derivative transactionsMonitor collateral/ margin calls and advice for RBC ICL when deviations from policy or limits are encroachingPartner with Research & Asset Allocation and Trading teams to generate positive advice and counsel ideas for local mind and management for collateral allocation and optimizationPartner with TIDAL and Total Fund Management team to ensure accurate collateral reporting and data integrityPartner with Finance Operations to ensure appropriate settlement, reconciliation, and operational risk managementProvide analytical input into collateral governance frameworks, and liquidity discussionsPrepare reports and present collateral strategies, risk considerations, and governance updates to senior managementSupport regulatory and internal risk reporting processes; prepare daily desk position, P&L, and risk metricsWhat do you need to succeed?Must-haveBachelor's in Finance, Economics, Mathematics, or related field4+ years of experience with exposure to derivatives in a front office, treasury or trading floor contextStrong quantitative and analytical skills with ability to synthesize complex financial dataDemonstrated stakeholder management experience across trading and settlement functionsAbility to work independently and make sound decisions in a fast-paced environmentNice-to-haveProven expertise managing CSA agreements and collateral transactions for derivativesKnowledge of collateral frameworks, regulatory requirements, and market best practicesCompletion of, or working toward, FRM (Financial Risk Manager) or Chartered Financial Analyst (CFA) credentialExperience with longevity swaps or insurance-linked derivativesProficiency with Bloomberg, Murex, or other trade management systemsKnowledge of IFRS 9 or IFRS 17 accounting standardsWhat’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 productivityJob Skills Adaptability, Communication, Critical Thinking, Customer Service, Detail-Oriented, Group Problem Solving, Industry Knowledge, Information Capture, Investment Banking, Multi-Level Communication, Negotiation, Product Services, TeamworkAdditional Job DetailsAddress: RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity: TorontoCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: INSURANCEJob Type: RegularPay Type: SalariedPosted Date: 2026-04-15Application Deadline: 2026-05-01Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveCompensation 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: $55,000.00 - $90,000.00The 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 OpportunitiesAt 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 CommunityStay 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 .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.
