Associate, Lending Services Reconciliations
RBC
Toronto, ON-
Number of positions available : 1
- Salary To be discussed
- Published on December 20th, 2024
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Starting date : 1 position to fill as soon as possible
Description
Job Summary
Job Description
What is the Opportunity?
You willprovide support to all participants in the day-to-day administration of an assigned group of Single Names and the reconciliation of their related credit facilities, loan drawings and 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 in order to resolve the various requests for interpretation and action that arise daily.
What will you do?
Process quarterly Prime interest, LC fee and accruing fee transactions in loans systemsas required by the Credit Agreement for the assigned portfolio of Borrower Names
Ensure payments are reconciled in timely fashion and any non-payments are escalated
Assist with the daily reconciliation of the internal accounts by following up for missing entries
Promptly updating OMS comments daily
Act as a backup to other Analysts on the team
Become the subject matter expert for the end to end loan processing and reconciliation and actively seeks opportunities of enhancements for operational/control efficiency and propose recommendations
Provides support to analysts in the day-to-day administration of the assigned groups of Borrower Names and provides assistance for complex reconciliations
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 abilityidentify 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
Whats 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 Skills
Active Learning, Adaptability, Customer Service, Decision Making, Operational Delivery, Process Improvements, Time ManagementAdditional Job Details
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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 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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