Investment Policy Senior Analyst/Manager

What is the opportunity?

RBC Global Asset Management is seeking an Investment Policy Analyst, reporting to the Investment Policy Director, to join our U.S. team with a specialized focus on Securitized Credit and Collateralized Loan Obligations (CLOs) alongside supporting the business’s other asset classes. This role will serve as a critical control function, ensuring investment activities comply with regulatory requirements and internal investment guidelines while supporting our growing securitized credit business.

What will you do?

Pre-Trade Compliance Monitoring

• Configure, monitor, and maintain pre-trade compliance alerts in relevant systems and applications applicable to securitized credit and CLO strategies
• Review and interpret complex investment guidelines for CLOs, structured credit mandates, and ERISA/40 Act compliant vehicles
• Provide real-time guidance to Portfolio Managers and traders on compliance with investment restrictions prior to trade execution
• Develop and code custom compliance rules in Charles River to address unique structured product characteristics and investment guidelines
• Proactively identify potential compliance issues and work with investment teams to prevent violations
• Support ‘other’ investment teams (including Europe) in monitoring and breach identification, investment guideline advisory, new fund onboarding and assistance with the overall management of the investment policy framework

Post-Trade Compliance & Oversight

• Monitor post-trade compliance alerts and investigate exceptions
• Manage breach resolution process, including root cause analysis, documentation, and client reporting. Coordinate with Operations and Portfolio Managers to correct errors and implement remediation plans
• Maintain comprehensive records of compliance exceptions, breaches, and resolutions
• Prepare regular compliance reporting for internal stakeholders and external clients

Policy Development & Maintenance

• Collaborate with Legal and Investment teams to draft and maintain investment policy documentation
• Stay current on regulatory developments affecting securitized credit (ERISA fiduciary rules, 40 Act diversification requirements, risk retention rules, etc.)
• Advise on regulatory implications of new product development and investment strategies
• Contribute to the development and enhancement of compliance procedures and controls

Technical & System Management

• Test and validate system changes, ensuring accuracy of compliance monitoring
• Partner with Technology and Data teams on system enhancements and data integrity issues
• Troubleshoot technical issues related to compliance monitoring systems
• Implement and assist in the maintenance of relevant third-party systems

What do you need to succeed?

Must-have

• Bachelor’s degree in finance, economics, accounting, or related field required
• 3-5+ years of experience in investment compliance, operations, or related role within asset management
• Strong understanding of fixed income fundamentals, including:
  • Bond mathematics, duration, yield curves, credit spreads
  • Securitized products (CLOs, CMBS, RMBS, ABS) structures and characteristics
  • Leveraged loan market mechanics and terminology
• Hands-on knowledge of regulatory frameworks including ERISA, SEC, Volcker and Investment Company Act of 1940
• Proficiency with Charles River Investment Management System

Nice-to-have

• CFA, CAIA, or progress toward completion preferred
• Advanced Excel skills (complex formulas, pivot tables, data analysis)
• SQL or database query experience

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.