To assess, monitor and manage the collateral held and pledged by the Royal Bank of Canada according to the ISDA Master and CSA Agreements.

Mitigate counterparty credit risk through fulfilling RBC's variation and initial margin requirements.

Act as a first line of defense to the trading business, ensuring accurate books and records and delivering a seamless client experience.

Responsibilities

• Validate and issue margin calls on time and perform end-to-end margin processes.
• Ensure agreement and transfer of eligible credit support within specified timeframe in accordance with the CSA terms.
• Manage collateral inventory (non-cash) positions to maintain sufficient levels for daily margin requirements.
• Instruct and approve collateral movements via SWIFT/email or FAX.
• Perform cash forecasting as required intra-day.
• Perform portfolio and collateral reconciliations with counterparties.
• Escala...