Associate, Securities Lending

RBC - Toronto, ON (22 days ago)

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What is the opportunity?

The Securities Lending Product unit is responsible for securities lending, securities borrowing, cash collateral reinvestment, repo financing and tri-party cash auction products globally within Investor Services (“IS”).

In this role, you will support the overall product strategy and profitability for Securities Lending (‘SL’) within RBC IS, in alignment with the segment’s strategic objectives. You will maintain product standards and operating model (s) to appropriately manage risks, drive efficiencies whilst supporting the management of lender relationships, client focused product initiatives, business development opportunities and profitability maximization.

What will you do?

Support the delivery of Securities Lending product operating model(s) and product standards across the product suite, Securities Lending client service interactions and regulatory and compliance requirements
Responsible for the preparation of routine client focused reporting and ad-hoc bespoke presentation material for both external and internal stakeholders - through client portfolio benchmarking, research and analytics
Responsible for the preparation of client and prospect revenue and profitability modelling in collaboration with all global trading desks
Participate in related client retention and business development activities including responding to RFPs/ due diligence requests, client meetings, prospect proposals, and day-to-day lender related queries
Collaborate with and support all trading desks in the analysis of client portfolio data and metrics to support profitability maximization strategies
Support product-related change, including commercially-viable and client focused business cases, with prioritization and approval of product, client, operational and regulatory change. Business cases to be managed in-collaboration with Profitability and Protocols
Conduct market and competitor analysis to enable informed decision-making
Execute on thought leadership product goals through well research client facing material and contributions to publications

What do you need to succeed?


BA or BSc in business, or other relevant degree
3 to 5 years’ experience in relevant industry
Experience in developing effective, controls and delivering efficiencies for all in-scope products
Strong corporate knowledge and proven curiosity regarding process management and evolving regulatory industry trends
Strong technical writing expertise, SQL knowledge, and proficiency in Excel, PowerPoint and Bloomberg skills
Proven ability to absorb and analyse complex information from various stakeholders, understand relevance, synthesize and summarise


Specific focus in securities finance and global markets
MBA, CFA or post-graduate in business or finance
Professional qualifications from a recognised industry body

What’s 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.

Excellent exposure to communicate with various business partners and stakeholders in Investor & Treasury Services and within other platforms as appropriate
Opportunity to obtain hands-on experience throughout your role
Working with an exciting, close-knit, supportive & dynamic group
Opportunity to collaborate with other business segments within the bank
Excellent career development and progression opportunities
A comprehensive Total Rewards Program including bonuses and flexible benefits
Competitive compensation

City: Toronto
Address: 200 Bay St North Tower
Work Hours/Week: 37.5
Work Environment: Office
Employment Type: Permanent
Career Level: Experienced Hire/Professional
Pay Type: Salary + Variable Bonus
Position Level: PL08
Required Travel(%): 0-25
Exempt/Non-Exempt: N/A
People Manager: No
Application Deadline: 02/07/2020
Req ID: 218116