Job Summary

Job Description

What is the Opportunity ?

RBC Capital Markets is seeking a highly skilled and analytically minded Vice President to join its Prime Brokerage team under the Equity Finance business in Central Funding. Reporting to the Managing Director, this newly created role will serve as a front-office risk management leader, while monitoring, validating, and ensuring optimized client portfolios.  

With a strong focus on risk metrics and regulatory compliance, the ideal candidate will bridge technical expertise with business acumen to support RBC’s strategic initiatives and objectives to increase P&L while directly engaging with portfolio managers and internal stakeholders.

Risk monitoring & oversight

Monitor daily counterparty risk exposures, credit limits, and margin utilization across prime brokerage client accounts.

Analyze and interpret portfolio changes, fund strategies, and risk trends; escalate concerns proactively.

Conduct stress testing and scenario analyses on client portfolios and margin models.

Develop client relationships to deepen partnerships

What will you do ?

System testing & enhancement

Oversee system functionality; collaborate with internal IT programmers to validate and enhance RBC’s proprietary risk platform.

Ensure system logic aligns with Canadian Investment Regulatory Organization (CIRO) and internal policy requirements; support testing and control processes

Client Interaction & Business Insight

Collaborate with clients, Portfolio Managers, and internal stakeholders to understand investment strategies, behavioral shifts, and how they impact risk appetite.

Participate in new client onboarding reviews and presentations.

Cross-functional coordination

Act as a key liaison with Credit and Risk, Operations, and Compliance.

Contribute to regulatory filings, internal audits, and control processes to support compliance across Prime Brokerage activity.

Internal & external benchmarking

Analyze industry best practices to evolve RBC’s prime risk management model.

Recommend enhancements to internal policies based on market intelligence and regulatory evolution.

Other research and revenue optimization project work as required

What do you need to succeed?

6–8 years of experience in Capital Markets, preferably within Prime Brokerage, Equity Finance, Hedge Fund credit.

Deep understanding of credit risk, margining, and counterparty exposure management.

Familiarity with CIRO and OSC (Ontario Securities Commission) regulatory frameworks and Canadian market structures.

Proficiency in data and risk tools: Excel (advanced), Bloomberg, Power BI, Tableau, SQL, Python (preferred).

Strong communication skills for stakeholder engagement, with proven experience working with trading desks, credit risk, and external clients.

Seek new client opportunities who align with our organization’s culture and risk profile while maintaining knowledge and appreciation of department goals and objectives

Self-starter – Demonstrates aptitude for understanding the underlying goals and tasks while proactively taking initiative as required

Ability to manage multiple priorities in a fast paced, dynamic setting

Effective communication and presentation skills

Preferred qualifications

CFA or FRM designation (or in progress) is considered an asset.

Experience at a global prime brokerage firm or exposure to international counterparties, such as those in the U.S./UK.

Background in liquidity risk, collateral optimization, or treasury functions.

What’s 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 and flexible benefits, competitive compensationLeaders who support your development through coaching and managing opportunities Work in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workFlexible work/life balance options

#LI-KA2

Job Skills

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-07-24

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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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.