Syndicated Loan Analyst Jobs

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Job Title

Syndicated Loan Analyst

• Responsible for ensuring loan integrity and compliance against bank policies and loan credit agreement and encompasses verification officer roles.
• The competence with which the incumbent’s duties are carried out has a major impact on the credibility of the department, both within and outside the Bank. The role of Agent 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.
• 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.
• The incumbent 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.

Primary Responsibilities:

• Process transactions in ACBS upon requests from assigned Borrowers for advances, rollovers, conversions or repayments; ensure notice and limit requirements are met, participants are notified, rates are set and payments are made in accordance with the relevant Credit Agreement
• Identify gaps in Agency processes and recommend changes to minimize operational/reputational risk
• Act as verification officer for ACBS two touch transactions created by other Analysts
• Process interest and fee transactions in ACBS as required by the Credit Agreement
• Investigate ACBS, LCA and OMS reports on a daily basis and input comments where required
• Assist Deal Managers on assigned deal closings, ensuring notice and funding requests are processed in accordance with internal guidelines and on a timely manner
• Act as a backup to other Analyst
• Complete assigned courses on Talentlink by due dates
• Manage and monitor accounts requiring special handling – Special Loans Accounts/Daily Cash Sweep Accounts/Construction- Real Estate accounts
• Process secondary assignments, and where required primary assignments, upon requests for assigned Borrowers in accordance with established guidelines
• Maintain a series of Word templates with up-to-date standard instructions to be used as needed for notifications, letters and fax coversheets
• Input or verify payments in RBC Express, RIMMS as required for payments which cannot be processed through ACBS
• Where instructed, notify syndicate of pricing and limit changes as required by the Credit Agreement and within established time frames. Create and obtain EUC approval for manual spreadsheets as necessary, to record all transactions and calculations that cannot be processed in ACBS
• Assist with the daily reconciliation of the Agency internal accounts by following up for missing or excess funds

Details regarding the types of experience required:

• Ability to prioritize, work under pressure and meet time sensitive deadlines
• Ability to respond effectively to requests from borrowers and participants especially for accommodations which fall outside the parameters of the Credit Agreement
• Proficiency in Excel, Word
• Ability to work effectively both independently and within a team environment
• Excellent written and oral communication skills
• Knowledge of lending products, rate-setting methods and payment methods
• Strong organizational and problem solving skills; detail oriented

Education, certification and designation requirements:

• Required: University degree, experience in financial industry or a combination

Additional capabilities and skills:

• Knowledge of ACBS is an asset

Job Summary

The role of the Agent is highly visible and affects the Bank’s ability to obtain Syndication and Agency Mandates. Putting "Client First"

• Our goal is to meet & exceed our clients' expectations as an organization by delivering the best service possible by listening to and understanding our clients' needs & concerns, by facilitating internal processes and by coordinating with others to deliver results as expeditiously as possible. Our role includes problem-solving and providing advice as required. Maintain Standards
• Identify time-sensitive situations and deal with them first. When time is scarce, deal with issues in order of materiality.
• For those occasions when follow-up is needed (e.g. late/incomplete deliverables), treat clients fairly, firmly and tactfully. Seek win-win solutions whenever possible. Apply judgement and avoid overreaction. Prioritize for Greatest Impact
• Serving the client well does not imply a relaxation of standards. Ensure that clients live up to their obligations as laid out in credit agreements. Get to know your clients, their business and the facilities that we provide very well. Always Treat Clients with Respect

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:

2023-04-05

Application Deadline:

2023-04-19

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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