Job Description

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you\xe2\x80\x99re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title Assistant Manager- Global Loans Administration



Primary Responsibilities:

Accountable and Responsible for the operationalization and execution of the Corporate Lending Credit Agreement:

Preparation & maintenance of the \xe2\x80\x9cFront Sheet\xe2\x80\x9d \xe2\x80\x93 which captures all operational aspects of the credit documentation and facilitates the daily administration of the final deal, ensuring the deal is accurately captured in our lending/operating/financial systems.

Review draft credit agreements and amending agreements to ensure that GLA is able to operationalize all aspects of the agreement:

Providing advice to Corporate Bankers on terms/conditions of the Credit Agreement at the draft stage, as it relates to possible/potential issues to: (i) booking point; (ii) effective connection; (iii) currency capabilities; (iv) timing/cash flow requirements; (v) product options/funding capabilities; (vi) validity of reference rates.

Proactively identify operational and reputational risk and provide suggestions to Internal Partners to mitigate such occurrences.

Liaise with borrowers, Agents, and legal counsel (both internal and external) as required in order to solve problems and provide correct operational protocol.

Ability to respond to requests that fall outside the parameters of the credit agreement.

Verify fixed and accruing ACBS fee schedule setups:

Ensure that fixed fee revenue streaming is correct based on the advised upon fee treatment (Responsibility Transit/GIB/FIC/etc.).

Ensure that daily accruing fee revenue streaming is correct based on supporting language in Credit Agreement.

Provide back-up to Managers and other Assistant Managers during peak periods and absences:

Able to make informed decisions in tight deadline situations while mitigating reputational/operational risk to RBC.

Demonstrate leadership & problem solving skills by providing support and guidance to the Analyst when needed in their daily work.

Review GLA reports (Seagate/OMS/Audit Sheet) and ensures prompt attention by the Analyst to input comments and/or correct outstanding items within guidelines.

Identify gaps in GLA processes and provide detailed recommendations to the Manager for consideration and assist with the implementation of process changes

Details regarding the types of experience required :

An Undergraduate Degree with a strong operational background (4+ years) and 3-5 years of related experience with proven demonstration of knowledge in lending/credit practices including knowledge of syndication practices, loan documentation, lending products, funding mechanisms in Canadian, US, UK/EU, SY markets.

Proven ability to develop and manage strong and effective relationships with internal and external business partners.

Ability to prioritize, work under pressure and meet time sensitive deadlines.

Proficient with systems and diverse application and ease of adopting new and complex technology (i.e. the Loan Funding systems \xe2\x80\x93 ACBS, CID, CCMS, TMS, etc.).

Additional capabilities and skills:

3-5 years front line/middle office experience in lending function.

Proven ability to showcase leadership in a team dynamic environment

Demonstrate the ability to lead a cohesive team charged with effectively balancing the customer experience while managing operational and reputational risk.

Job Summary \xe2\x80\xa2 Responsible to review and provide advice to Internal Partners at various stages of credit agreements (pre and post close) to ensure RBC\xe2\x80\x99s ability to deliver on commitments. Extensively summarize and operationalize all executed Credit Agreements to ensure prompt and accurate establishment of client records in ACBS.

• Provides expert processing advice and support to the Analysts within the assigned team in the day to day credit operations; including monitoring conditions of the credit and advancement of funds within the Credit Agreement terms, as well as post sales servicing across the Wholesale Loan Book in Capital Markets. (Total authorized of `$240 billion portfolio)
• Provides input to the GLA Manager over all operational aspects related to Loan processing & servicing including:(i) providing expert advise at the draft stage of credit agreements to ensure RBC\xe2\x80\x99s ability to deliver on commitments; (ii) proactively identifying operational and reputational risk (iii) proactively identifying and recommending opportunities for continuous improvement activities or enhanced controls.
• Provides relief for the Manager during vacations and other absences and assists with the development of the assigned team including (i) demonstrating and promoting a continuous improvement mindset; (ii) delivering best in class service to internal and external clients; (iii) supporting staff and keeping them focused on business priorities and deliverables.

Address: TORONTO, Ontario, Canada

City: CAN-ON-TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: Capital Markets

Job Type: Regular

Pay Type: Salaried

Posted Date: 2023-08-30

Application Deadline: 2023-09-13

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Royal Bank of Canada