What is the opportunity?
The primary objective of the position is to provide day-to-day servicing / administration of an assigned group of Syndicated facilities for which Royal Bank of Canada is Agent and their related loan drawings, fees and interest schedules.
You will be responsible for ensuring loan integrity and compliance against bank policies and loan credit agreement and encompass verification officer roles.
The competence with which you will carry out duties has a major impact on the credibility of the department, both within and outside the Bank.
The role is highly visible and affects the Bank’s ability to obtain Syndication and Agency mandates. Failure to perform in an efficient and competent manner can not only jeopardize the Bank’s reputation, but can also result in significant material losses.
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?
ensure notice and limit requirements are met, participants are notified, rates are set and payments are made in accordance with the relevant Credit Agreement
Create and obtain EUC approval for manual spreadsheets as necessary, to record all transactions and calculations that cannot be processed in ACBS
What you need to succeed?
Knowledge of ACBS is 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.
RBC is committed to supporting flexible work arrangements when and where available. Details to be discussed with Hiring Manager .
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City : Halifax OR Toronto
Address : 120 Western PKWY - 4th Floor, Bedford OR 20 King Street W.
Work Hours / Week : 37.5
Work Environment : Office
Employment Type : Full Time
Career Level : Experienced Hire / Professional
Application Deadline : 10 / 26 / 2021
Platform : Capital Markets
Ad Code(s) :