Loan Servicing Analyst

Toronto, ON, Canada

Job Description

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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 Loan Servicing Analyst




































What is the opportunity? You will provide support to all participants in the day-to-day administration of an assigned group of Borrower Names and their related credit facilities, loan drawings and fee and interest schedules. You will be responsible for ensuring loan integrity and compliance against bank policies and loan credit agreement. What will you do?
  • Process and Reconciliation:
    • Operationalize the credit agreement by establishing and set up facilities, fee schedules and loan ACBS.
    • Process transactions in ACBS upon requests from assigned Borrowers or their Agents for advances, rollovers, conversions or repayments; ensure notice and limit requirements are met, rates are set and payments are made in accordance with the relevant Credit Agreement and Electronic Transaction Request
    • Process/reconcile interest and fee transactions in ACBS as required by the Credit Agreement
    • Input or verify information in payment systems (BESS, RFT, RIMMS), as required for payments which cannot be processed through ACBS.
    • Act as a backup to other Analysts on the team
    • Acts as verification officer for all ACBS/CID two touch transactions.
    • Ensure Chase, Nostro, Internal Accounts and Adjustment Suspense is actioned daily and there are no aged items without documented explanation.
    • OMS comments must be added/updated daily without prompting.
    • Action eTRs daily, ensuring accurate credit records.
    • All excess items are addressed by 11:00 a.m. daily.
  • Identify gaps in GLA processes and provide detailed recommendations to the Manager for consideration; assist with the implementation of process changes.
  • Complete assigned courses on Talentlink
What you need to succeed?
  • Undergraduate Degree with 1 \xe2\x80\x93 2 years of relevant experience
  • Strong knowledge of lending products, rate-setting methods and payment methods
  • Proficiency in Excel, Word and ACBS
  • Ability to work effectively both independently and within a team environment
  • Ability to prioritize, work under pressure and meet time sensitive deadlines
  • Strong time management and organizational skills;
  • Excellent attention to detail, judgment, flexibility and dependability.
  • Ability to respond effectively to requests from participants especially for accommodations which fall outside the parameters of the Credit Agreement
  • Excellent written and oral communication skills
What\xe2\x80\x99s 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 compensation
  • Leaders who support your development through coaching and managing opportunities
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work
  • Flexible work/life balance options





































Job Summary




































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: 2023-03-30




































Application Deadline: 2023-04-13







































































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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Job Detail

  • Job Id
    JD2144090
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned