Loan Servicing Analyst

Toronto, ON, Canada

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 day-to-day administration of an assigned group of Borrowers and their related credit facilities, loan trading settlements, as well as fee and interest schedules. The competence with which you will carry out your duties will have major impact on the credibility of the department, both within and outside the Bank.
You must display a clear understanding of the administrative aspects of each assigned deal / trade in order to resolve the various requests for interpretation and action that arise daily. You will be provided with necessary training.

What will you do?

Set up facilities, loans and fee schedules

Process transactions for daily primary and secondary loan trades on an assigned portfolio of borrowers

Process transactions 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 interest and fee transactions in loans systems as required by the Credit Agreement

Input or verify information in payment systems

Daily reconciliation of the internal accounts, including follow-up for missing entries

Act as a backup to other Analysts on the team

What do you need to succeed?

Must Have:

University degree or College Diploma or any equivalent combination of qualifications and/or experience

Proficiency in Excel, Word, Outlook

Ability to work effectively both independently and within a team environment

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

Strong analytical skills, detail oriented and ability identify issues and suggest solutions

Communicate effectively with people at various levels, both internally and externally

Quick learner who can handle high volume

Comfortable with ambiguity in order to determine tasks requested

Nice to Have

Experience in Loans/Credit

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: 2023-06-22

Application Deadline: 2023-07-10

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

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Job Detail

  • Job Id
    JD2214534
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned