Senior Administrator, Securities Lending Operations
About the role
Job Description
What is the opportunity?
RBC Investor & Treasury Services Malaysia is a processing center of operational excellence supporting 10 countries across three geographical time zones. The country employs a Global Operating Model to maximise efficiencies across times zones and supports a 24/5 operational capability.
In this role, you will be responsible for ensuring that all Securities Lending transactions are fully secured by acceptable collateral and minimum margin requirements, while ensuring that all elements of risk and compliance are in line with contractual, RBC IS policy and regulatory requirements.
You will be supporting UK region, working hours would be between 3pm to 12am or 4pm to 1am. However, flexibility is required to support business needs.
What will you do?
PRIMARY RESPONSIBILITIES
- The Collateral Management Senior Administrator plays a critical role in supporting the Securities Lending business by ensuring accurate and timely margining, mitigating counterparty and operational risk, and maintaining strong controls over collateral activities. This position requires a strong understanding of margin processes, market regulations, and collateral operations within a lending environment. Oversee and manage Securities Lending operational activity across multiple markets to ensure the highest levels of performance are achieved
- Perform asset valuations on loan and collateral positions to ensure RBC IS and its clients are protected
- Develop and implement changes to collateral procedures and monitor acceptability of specific collateral portfolios based on the risk in quality, liquidity, marketability, concentration limits and diversification limits
- Manage the policy adherence and risk monitoring functions.
- Monitor all system records for collateral transactions to ensure integrity of balances.
- Maintain relationship with internal and external stakeholders to facilitate actions related to Securities Lending operations.
- Manage relationship with counterparties, internal trading desks and Securities Lending teams.
- Complete investigations, analysis, and solution implementation where applicable.
- Continually ensure high standards of operation, risk and relationship management within the group.
- Ensure timely escalation to Management of any situation where Securities Lending is outside set Risk Policies outlining mitigation and recommendations for changes, if necessary.
- Develop technical expertise and perform testing for critical and strategic projects for both Operations and Product Development
- Experience in supporting business initiatives – including collateral optimization strategies and the impact of new product launches (e.g., Fixed Income, Equities, Mutual Funds) on operational processes.
- Improve the risk profile and efficiency of the group by continuous efforts to identify and recommend changes.
- Other duties as assigned
- Collaborate closely with Front Office, Client Services, and Risk teams to address and resolve margin call issues or discrepancies promptly
What do you need to Succeed?
Must-have
- University Degree or equivalent
- Competent in MS Excel and Word applications
- Microsoft Office applications
- RBC I&TS Internal Custody-related systems
- Word Knowledge of different investment instrument types
- Ability to work under pressure and to prioritize actions.
- Motivated, flexible, able to be part of a team.
- Able to work with Management and project leads to structure and achieve deliverables on Projects and Initiatives
- Actively provide the support and supervision of established processes
- Manage service levels provided to and received from internal departments
- Review and track all negative impact on both RBC IS and the client, monitoring trends and taking necessary corrective action to manage associated risk levels
Job Skills
Active Learning, Adaptability, Communication, Critical Thinking, Microsoft Office, Operational Delivery, Proactive Approach, Process Improvements, Securities Lending, Stress Management, Time Management
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.
Senior Administrator, Securities Lending Operations
About the role
Job Description
What is the opportunity?
RBC Investor & Treasury Services Malaysia is a processing center of operational excellence supporting 10 countries across three geographical time zones. The country employs a Global Operating Model to maximise efficiencies across times zones and supports a 24/5 operational capability.
In this role, you will be responsible for ensuring that all Securities Lending transactions are fully secured by acceptable collateral and minimum margin requirements, while ensuring that all elements of risk and compliance are in line with contractual, RBC IS policy and regulatory requirements.
You will be supporting UK region, working hours would be between 3pm to 12am or 4pm to 1am. However, flexibility is required to support business needs.
What will you do?
PRIMARY RESPONSIBILITIES
- The Collateral Management Senior Administrator plays a critical role in supporting the Securities Lending business by ensuring accurate and timely margining, mitigating counterparty and operational risk, and maintaining strong controls over collateral activities. This position requires a strong understanding of margin processes, market regulations, and collateral operations within a lending environment. Oversee and manage Securities Lending operational activity across multiple markets to ensure the highest levels of performance are achieved
- Perform asset valuations on loan and collateral positions to ensure RBC IS and its clients are protected
- Develop and implement changes to collateral procedures and monitor acceptability of specific collateral portfolios based on the risk in quality, liquidity, marketability, concentration limits and diversification limits
- Manage the policy adherence and risk monitoring functions.
- Monitor all system records for collateral transactions to ensure integrity of balances.
- Maintain relationship with internal and external stakeholders to facilitate actions related to Securities Lending operations.
- Manage relationship with counterparties, internal trading desks and Securities Lending teams.
- Complete investigations, analysis, and solution implementation where applicable.
- Continually ensure high standards of operation, risk and relationship management within the group.
- Ensure timely escalation to Management of any situation where Securities Lending is outside set Risk Policies outlining mitigation and recommendations for changes, if necessary.
- Develop technical expertise and perform testing for critical and strategic projects for both Operations and Product Development
- Experience in supporting business initiatives – including collateral optimization strategies and the impact of new product launches (e.g., Fixed Income, Equities, Mutual Funds) on operational processes.
- Improve the risk profile and efficiency of the group by continuous efforts to identify and recommend changes.
- Other duties as assigned
- Collaborate closely with Front Office, Client Services, and Risk teams to address and resolve margin call issues or discrepancies promptly
What do you need to Succeed?
Must-have
- University Degree or equivalent
- Competent in MS Excel and Word applications
- Microsoft Office applications
- RBC I&TS Internal Custody-related systems
- Word Knowledge of different investment instrument types
- Ability to work under pressure and to prioritize actions.
- Motivated, flexible, able to be part of a team.
- Able to work with Management and project leads to structure and achieve deliverables on Projects and Initiatives
- Actively provide the support and supervision of established processes
- Manage service levels provided to and received from internal departments
- Review and track all negative impact on both RBC IS and the client, monitoring trends and taking necessary corrective action to manage associated risk levels
Job Skills
Active Learning, Adaptability, Communication, Critical Thinking, Microsoft Office, Operational Delivery, Proactive Approach, Process Improvements, Securities Lending, Stress Management, Time Management
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.