At a Glance
- Tasks: Maximise revenue and manage relationships in the dynamic Securities Finance sector.
- Company: Join RBC, a leading global bank with a focus on collaboration and innovation.
- Benefits: Enjoy a competitive salary, coaching support, and opportunities for professional growth.
- Other info: Work in a progressive, inclusive culture that values diverse perspectives.
- Why this job: Make a real impact in a flexible, relationship-driven environment with a high-performing team.
- Qualifications: Experience in Securities Finance and strong analytical skills are essential.
The predicted salary is between 50000 - 70000 £ per year.
What is the opportunity?
We have an exciting opportunity to join our London office as an Associate, Securities Finance on a permanent basis. The Securities Finance business unit is responsible for optimizing securities lending revenue within the framework of our lending clients' risk reward profiles. The trading desks are responsible for market execution with borrowers, maximizing profitability within the existing products, developing new products and revenue opportunities, managing borrower and lender relationships, and assisting Product to retain existing clients and win new client mandates. This is a permanent, full-time role with 4 days in the office - perfect for someone who thrives in a flexible, relationship-driven environment.
What will you do?
- Maximise net revenue and minimise costs for clients in the Securities Lending program.
- Execute the support functions of the front office; daily recalls, interaction with borrowers, monitor buy-ins liaising with the middle office on returns.
- Develop new revenue opportunities/products to increase profitability.
- Optimise use of client assets and revenue in line with client's lending parameters.
- Manage borrower and lender relationships globally, including participation in regular meetings and presentations.
- Responsible for all day-to-day procedures that support optimal distribution of on loan asset classes.
- Support efficient collateral management in accordance with client parameters.
- Interaction with Lender facing team: data/performance metrics and general market trends.
- Support efficient recall and recall management, liaising with Middle Office and Client Service representatives.
- Investigate and resolve any trade discrepancies including contract compare breaks.
- Ensure all daily reporting is carried out by close of business.
What do you need to succeed?
- Must-have
- Relevant experience within Securities Finance
- Relevant professional/regulatory qualifications (e.g. FCA, CSC, etc.)
- Good understanding of financial markets.
- Strong systems abilities Excel, Access, Bloomberg, etc.
- Financial industry experience, including equity, fixed income trading or collateral management
- Excellent relationship management skills
- Very technical/analytical and strong numerical skills including challenging/improving existing processes
- Professional written and verbal communication skills
- Strong, driven team player with the ability to coordinate with the global business
- Ability to analyse and interpret economic and market data, with capability to assess business impact
- Nice-to-have
- Computer programming experience
- Willingness to accept and carry out ad hoc administrative duties when required
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. 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.
Associate, Securities Finance in London employer: Royal Bank of Canada
Contact Detail:
Royal Bank of Canada Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate, Securities Finance in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance industry, especially those who work in securities lending. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and market knowledge. Be ready to discuss how you can optimise revenue and manage relationships effectively, as these are key in the Securities Finance role.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've improved processes or maximised profitability in past roles. This will demonstrate your value to potential employers.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're serious about joining our team at RBC.
We think you need these skills to ace Associate, Securities Finance in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Associate, Securities Finance role. Highlight relevant experience in securities finance and any qualifications you have that match the job description. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about securities finance and how you can contribute to our team. Keep it professional but let your personality come through – we love a bit of character!
Showcase Your Skills: Don’t forget to highlight your technical skills, especially with Excel, Bloomberg, and any programming experience. We’re looking for someone who can analyse data and improve processes, so make sure we see that in your application!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role right there!
How to prepare for a job interview at Royal Bank of Canada
✨Know Your Securities Finance Stuff
Make sure you brush up on your knowledge of securities finance and the financial markets. Understand the key concepts, such as securities lending, collateral management, and market trends. This will help you answer technical questions confidently and show that you're genuinely interested in the role.
✨Show Off Your Relationship Management Skills
Since this role involves managing borrower and lender relationships, be prepared to discuss your experience in building and maintaining professional relationships. Think of specific examples where you've successfully navigated client interactions or resolved conflicts, as this will demonstrate your ability to thrive in a relationship-driven environment.
✨Get Comfortable with Data
As an Associate in Securities Finance, you'll need strong analytical skills. Familiarise yourself with Excel, Bloomberg, and any other relevant systems. Be ready to discuss how you've used data to make decisions or improve processes in your previous roles. This will show that you can handle the technical aspects of the job.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about potential challenges you might face in the role, such as trade discrepancies or client demands, and prepare your responses. This will help you demonstrate your critical thinking skills and your ability to adapt to changing situations.