Ratings & Monitoring Funds Associate

Job Summary

Job Description

What is the opportunity?

Play a key role in the risk assessment and continuous risk monitoring for RBC Capital Markets with asset managers, including mutual funds, UCITS, managed accounts. Ensure all credit limit systems are properly recording approvals and assist in the preparation of timely management information reports.

What will you do?

Preparation of borrower/counterparty risk analysis and proposed internal ratings
Understand and assess risks inherent in (i) the asset management industry and its regulation, (ii) the sponsors and the markets they operate in, (iii) products and (iv) investment strategies
Other primary responsibilities that may arise from time to time in support of risk assessment and continuous monitoring.
Responsibility for timely completion of investment manager annual reviews and RAFs for a portfolio of counterparties
Timely completion of counterparty RAF reviews in line with the Investment Management review schedule
Effectiveness of risk analysis contributes to a portfolio-wide risk profile that meets RBC’s risk appetite for the sector.
Maintenance and accuracy of limit data within CCMS
Participate in due diligence calling program
NAV collection, reporting, analysis and NAV ATE waiver completion
Contribution to Monthly Watchlist and ad-hoc risk reporting.
Maintain a strong understanding of RBC credit policies and guidelines
Completion of assigned projects and other duties in an efficient and effective manner that supports business initiatives.
What do you need to succeed?

Must have's

Undergrad in business, finance or economics or equivalent
At least 3 years financial work experience
Understanding and knowledge of fund industry and securities regulations governing funds
Self - starter with strong organizational and time management skills
Ability to establish priorities, multi-task with accompanying attention to detail
Ability to interpret, explain and communicate opinions and recommendations using strong verbal and written skills
Problem solving skills. Technical Familiarity and basic understanding of Capital Markets products
Understanding of credit risk
Advanced data and computer management skills including proficiency with Excel
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.

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
Job Skills

Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork
Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO
City:

TORONTO
Country:

Canada
Work hours/week:

37.5
Employment Type:

Full time
Platform:

CAPITAL MARKETS
Job Type:

Regular
Pay Type:

Salaried
Posted Date:

2025-04-30
Application Deadline:

2025-05-14
Note: Applications will be accepted until 11:5+ PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At 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.

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