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 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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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers.

Royal Bank of Canada