Job Description

What is the opportunity?
The primary responsibility of the Deal Manager is to review new and amended credit agreements, whether it be for syndicated transactions where RBC is acting as Administrative Agent, where RBC is a participant in a deal where another financial institution has been mandated as Administrative Agent, or bilateral deals directly with the borrower. The Deal Manager will work with lenders' counsel and/or other Administrative Agents to ensure that effective and efficient administrative and operational procedures are put in place to perform the role of Administrative Agent (where mandated) in compliance with industry standards and to ensure that the proposed terms outlined in the Credit Agreement can be effectively operationalized by RBC to minimize the risk of error.
The Deal Manager will be aligned with deals originated by teams in Business and Financial Services ('BFS') and Capital Markets ('CM') located both in Canada and the US and will act as the primary point of contact for all deal related inquiries.
What will you do?

• Assist Leverage Finance, Syndications, Real Estate Middle Office, Corporate Client Group teams, and Corporate Banking (collectively referred to as 'our Partners') with negotiation and closing of credit agreements, refinancing documentation, amendments & supplementals which includes liaising with external legal counsel, lenders, borrowers, and senior management.
• Review various types of credit documentation to ensure the Administrative Agent function (where mandated) is adequately and correctly incorporated and negotiate required changes in conjunction with Lenders' counsel and our Partners in BFS and CM.
• Ensure that required funding for closings are requested and released in accordance with established procedures.
• Where required or requested, charge/discharge/release/postpone security, execute or terminate deposit control account agreements and other security documentation, as advised by Lenders' counsel and in tandem with discussions with our Partners in BFS and CM and borrowers.
• Prepare consents, extensions and waiver requests received from the borrower, manage the consent process and follow-up as appropriate to ensure (i) consents are obtained, recorded, and advised in a professional and timely manner, and (ii) documentation to reflect agreed upon requests is completed and executed by all parties in accordance with procedures established by the specific credit agreement.
• Ensure that closing books and possessory collateral pledged under credit agreements and/or amendments are delivered to RBC's documentation and security group to be held in custody on behalf of the Lenders - and assist in follow-up of missing items, where required.
• Negotiate and ensure adequate Agency Services fees when RBC has been mandated as Administrative Agent are charged and collected.
• Act as principal contact for lenders, borrowers, and our Partners in BFS and CM with respect to all technical and operational aspects of the Administrative Agent function, deals where RBC is a lender or bilaterals.
• Responsible for the management, control and administration of assigned Administrative Agent mandates, which include but are not exclusive to reviewing the credit agreement to ensure the appropriate files are established, and will work with internal colleagues in Lending Services and Operations & Governance to ensure that the necessary records are diarized, operating procedures are implemented and maintained and that all records and files are maintained in an orderly manner consistent with the Bank's practices while ensuring that appropriate procedures are established to correct deficiencies found during audit reviews.
• Provide direction and guidance to staff as required and assist senior management in dealing with day-to-day operational issues and situations requiring immediate decisions, analysis, or review. Will work with internal colleagues in Lending Services and Operations & Governance to ensure that procedures are in place to manage/monitor special handling accounts (special loans, draw advisory, cash dominion).
• Provide back-up for other Deal Managers during peak periods and absences.
• Identify gaps in processes and recommend changes to minimize operational/reputational risk.
• Act as verification officer as necessary and where required for Advanced Commercial Banking System (ACBS) two touch transactions, credit agreements and amendments and during volume peak periods at quarter end.
• Provide focus and clarity in establishing individual goals, driving performance management, supporting career development, and rewarding strong performance.

What do you need to succeed?
Must have's:

• A minimum of 2-4 years' experience in reviewing loan documentation accompanied by a high level understanding of operational processes and controls related to corporate lending.
• Knowledge of syndication practices, loan documentation, lending products, funding, and payment mechanisms in Canadian, American, and UK/EU markets.
• Proficiency in Microsoft Excel, Word.
• Excellent written and oral communication skills.
• Strong inter-personal skills, the ability to work effectively both independently and within a team environment.
• Strong organizational skills; detail oriented.
• Ability to prioritize, work under pressure and meet time sensitive deadlines.

Nice-to-have's:

• Proficiency with ACBS (Advanced Commercial Banking System) is considered an asset.
• Credit experience would be an asset.

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 performance-based bonuses, flexible benefits, competitive compensation packages.
• Leaders who prioritize development and provide opportunities for accelerated career growth.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Ability to make a difference and lasting impact.

Job Skills Customer Service, Customer Service Management, Decision Making, Interpersonal Relationship Management, Investment Performance Measurement, Operational Delivery, Process Improvements, Risk Management, Time Management, Treasury Management
Additional Job Details
Address: RBC CENTRE, 155 WELLINGTON ST W: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: 2025-09-16
Application Deadline: 2025-09-30
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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