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Royal Bank of Canada

Senior Analyst, Margining Operations - Capital Markets

City of London
Posted about 16 hours ago
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Job Description

What is the opportunity?

This role will help support the Delta One/Global Equity transformation initiative by managing daily margining activities for this business line.

You will also be responsible for margin activities across Fixed Income Repo and Discretionary Lending within the Central Funding Group (CFG) at RBC Capital Markets.

Your core purpose is to ensure that all CFG transactions, both bilateral and triparty arrangements remain fully collateralized. This function operates within the Collateral Management team under the COO Group at RBC.

Should you be shortlisted, do please let us know if you have any specific requirements for the interview.

This is a permanent, full-time role and requires 4 days in our London Bishopsgate office.

What will you do?

  • To ensure all CFG clients and counterparties are fully collateralised and marked to market across all entities in accordance with the GMRA/GMSLA or other relevant legal agreement.
  • Act as a point of contact for the CFG desk in relation to collateral questions.
  • Agree and manage both bi-lateral and Tri-party margin calls.
  • Monitor and manage the instruction and settlement of both Bilateral and triparty settlements.
  • Ensure all relevant daily tasks are appropriately completed in accordance with daily task lists and adhering to RBC's processes and procedures.
  • Participate in portfolio reconciliation with counterparties when a margin dispute arises.
  • Investigate margin settlement fails and liaise with both external clients and internal teams to reach a resolution.
  • To navigate RBC’s structure quickly and efficiently to expedite any queries/asks through to resolution.

What do you need to succeed?

Must-have

  • A good understanding of Equities, Fixed Income, Triparty and basic trading strategies.
  • A strong working knowledge of the main Tri-party agents.
  • Excellent understanding of Securities Borrowing and Lending and Repo processes.
  • Nostro and Depot reconciliation experience.
  • A broad understanding of Banking Operations.
  • Previous proven experience of developing STP solutions.
  • A broad knowledge of one or more regulatory regimes, including CASS, Transaction Reporting, MiFID II, EMIR.
  • Be able to deal with Front Office and client demands.
  • Strong attention to detail.

Reasons to use Rodeo

I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

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£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Nice-to-have

  • Experience of implementing new systems.
  • Advanced Microsoft VBA Excel skills.
  • An understanding of the main legal terms in the GMRA and GMSLA that govern the margining process.
  • Experience with vendor platforms such as Pirum, Equilend and TriResolve.
  • Proficient in FIS APEX, GLOSS 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.

Agency Notice

RBC Group does not accept agency résumés. Please do not forward résumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited résumés. Please contact the Recruitment function for additional details.

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Job Skills

Additional Job Details

  • Address: 100 BISHOPSGATE:LONDON
  • City: London
  • Country: United Kingdom
  • Work hours/week: 35
  • Employment Type: Full time
  • Platform: CAPITAL MARKETS
  • Job Type: Regular
  • Pay Type: Salaried
  • Posted Date: 2026-07-22
  • Application Deadline: 2026-08-05 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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.

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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 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.

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Skills

Equities
Fixed Income
Triparty Margining
Securities Borrowing and Lending
Repo Processes
Nostro and Depot Reconciliation
Banking Operations
STP Solutions
CASS
Transaction Reporting
MiFID II
EMIR
VBA
Pirum
Equilend
TriResolve

Location

City of London, England, United Kingdom

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