Senior Administrator, Securities Lending Operations

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

Additional Job Details

Address:

PERSIARAN IRC 2, IOI RESORT CITY IOI CITY TOWER ONE:PUTRAJAYA

City:

Putrajaya

Country:

Malaysia

Work hours/week:

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At 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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