Job Description
What is the opportunity?
As a Vice President or Associate within the Toronto Institutional Client Credit Management Team; you will manage a trading portfolio and facilitate transactions originated by the various trading businesses in Global Markets. The role will primarily support RBCCM's Commodities Group in the origination, onboarding, maintenance, and management of Commodity transactions and the relationships with clients of the Commodities Group including producers, processors and refiners, and commodity trading companies. The commodities business supports clients in the base and precious metals and energy industries with financing and derivatives products.
You will be partnering with various trading businesses in Global Markets to (i) identify and recommend suitable trading counterparties, (ii) facilitate the credit process, including evaluating and screening requests, preparing transaction requests and risk assessments, (iii) co-ordinate the trading documentation process, including structuring appropriate credit mitigation and (iv) optimize revenues.
***Please note that this role can be at the VP or the Associate level, depending on the incumbent's background and skillset.***
What will you do?
- Primarily support RBCCM's Commodities Group in the origination, onboarding, maintenance, and management of the credit relationship with clients of the Commodities Group including producers, processors and refiners, and commodity trading companies.
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Engage with clients to conduct comprehensive due diligence, including collecting and reviewing relevant trading and lending documents such as Metals leasing, commodity derivatives elements of ISDA and related agreements, sale and repurchase agreements and other credit documentation, structure charts, and financials to support the credit evaluation process.
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Collaborate with Commodity trading and structuring desks to support comprehensive client relationships by facilitating non-lending revenue opportunities.
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Work with Group Risk Management in the risk assessment of Commodity clients and support credit onboarding through analysis of documentation and client information.
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Focus on credit structuring in support of Global Markets trading relationships, including risk limits, regulatory, legal, compliance, tax, and operational matters.
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Actively collaborate with Group Risk Management and the Trading Documentation Team in the document negotiation process by proposing ISDA credit terms (such as termination events, collateral agreements and other) and other credit provisions to ensure proper trading documents are established.
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Prepare credit requests and trading line requests with related documentation required as part of Risk Management approval process and submit to relevant Business Heads for support.
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Create call memos for credit Due Diligence meetings.
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Work with and advise product partners on the optimal amount of trading credit required to meet our strategic objectives with each client relationship.
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Work with internal stakeholders to address all counterparty credit concerns that may arise from the portfolio.
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Occasionally support maintenance of accurate counterparty compliance reports and provide ad hoc reporting on utilization, performance, Due Diligence meetings, etc.
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Understand and apply securities regulations governing the commodity trading and financing business.
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Coach and guide junior professionals to ensure that employees understand RBC vision and support targeted behaviors that contribute to RBC goals and employee career development.
What do you need to succeed?
Must-have:
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Graduate Degree with focus in Finance, Accounting, Business, Economics or other quantitative fields or similar.
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Credit experience working within a financial institution or commercial company in a commodity or natural resources business.
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Strong credit skills including financial analysis and industry analysis.
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Strong communication skills (verbal and written)
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Understanding and knowledge of the commodity industry and/or the natural resources industry in at least one of base metals, precious metals, oil and gas, power or agricultural products
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Strong understanding of trading products including derivatives.
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Understanding of trading documentation.
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Ability to establish priorities and manage tasks with accompanying attention to detail.
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Strong analytic, problem solving and decision-making skills required.
Nice-to-have
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In-depth knowledge of the commodities business including the role of commodity trading companies
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A background in commodity trading or risk management
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A CFA and/or MBA or similar.
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Knowledgeable of the RBC global network and capabilities and understanding of and ability to interpret RBC credit processes, standing orders and credit policies.
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Experience with and knowledge of the analytical approaches to credit risk assessment.
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.
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A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation
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Leaders who support your development through coaching and managing opportunities
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Opportunities to work with the best in the field
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Ability to make a difference and lasting impact
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Work in a dynamic, collaborative, progressive, and high-performing team
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A world-class training program in financial services
Job Skills
Investment Consulting, Investment Operations, Investments Analysis, Long Term Planning, Order Processing, Quality Management, Recruiting, Risk Management, Trade Processing, Waterfall Model
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:
2026-05-20
Application Deadline:
2026-06-19
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.
Pay Range
The expected pay range for this position is:
$115,000.00 - $165,000.00
The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.
You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.
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.
