Job Description

What is the opportunity?

You will be responsible for supporting the daily margining activities across the Fixed Income Repo and Discretionary lending business (Central Funding Group) at RBC Capital Markets.

The purpose of the role is to champion the team's digital transformation strategy, owning key projects to introduce process automation and live affirmation platforms. You will be the primary point of accountability for these initiatives while supporting daily margining operations and collaborating across the wider EMEA team. This will enable a future-proof, scalable, and efficient operations team to support business growth.

This function sits within the wider EMEA margining team within the COO Group at RBC.

This is a full-time permanent position and will require 4 days in the office.

What will you do?

• Help oversee projects for the team on introduction of new margin automation solutions, and post trade vendor platforms to ensure all CFG counterparties are fully collateralised and marked to market across all entities in accordance with the GMRA/GMSLA or other relevant legal agreements.

• Manage on-going vendor service relationships to assist in the continued integration and drive automation efficiencies.

• Play a key role in aiding the delivery of new Business strategies and solutions and adopt into our margining team procedures.

• Be a point of contact for the CFG desk in relation to collateral questions.

• Manage and agree 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 RBCs 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.

What do you need to succeed?

Must-have

• Experience of implementing new systems and developing STP solutions.

• Advanced Microsoft VBA Excel skills.

• A good understanding of the main legal terms in the GMRA and GMSLA that govern the margining process.

• Extensive experience with vendor platforms such as Pirum, EquiLend and TriResolve.

• Solid working knowledge of Acadia Margin Manager.

• Understanding on how to on-board both Acadia RELAY and On-network Acadia clients through Acadia Agreement Manager.

• A good understanding of Equities, Fixed Income, Triparty and basic trading strategies.

• A strong working knowledge of the main Tri-party agents (Euroclear, BNY, JPM, Clearstream).

• Excellent knowledge and understanding of Securities Borrowing and Lending and Repo processes.

• Experience with Nostro and Depot reconciliations.

Nice-to-have

• A broad knowledge of one or more regulatory regimes, including. CASS, Transaction Reporting (SFTR), MiFID II, EMIR.

• Knowledge of Centrally Cleared and Bilateral OTC margin processes.

• Proficient in FIS APEX, GLOSS, Bloomberg, Python.

• Previous involvement European T+1, USTC.

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 resumés. Please do not forward resumés 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 resumés. Please contact the Recruitment function for additional details.

Job Skills

Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process Improvements

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:

2026-04-01

Application Deadline:

2026-04-15

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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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.