Analyst / Associate, Credit Transaction Management (14-month Contract role)
City : TORONTO, Ontario, Canada
Category : Customer Service | Client Advice | Sales
Industry : Financial/Banking
Employer : RBC
Job Summary
Job Description
What is the opportunity?
Do you thrive in working in an interactive team environment? Are you a quick learner of systems? Do you have strong written and spoken communication skills? As an Analyst/Associate in our Credit Transaction Management team, you will work closely with Corporate Banking (“CB”) and Global Markets (“GM”) Sales & Trading to support the growth of the corporate loan book and trading businesses and will manage a portfolio of borrowers within the Global Credit division of RBC Capital Markets. You will also work closely with other groups within Capital Markets and the Bank to deliver a full range of credit and banking services to multinational and other large corporate relationships.
**** Please note: This role can be at the Analyst or Associate level, depending on the incumbent's background and skillset.****
***this is a One Year contract opportunity***
What will you do?
You will have an assigned portfolio, and will be responsible for the administration of your team’s portfolio, which includes multinational and other large corporate lending relationships, and will provide additional support to several Corporate Banking teams. Your key responsibilities will include:
- Annual Reviews: Manage the team’s workflow to ensure Annual Reviews of existing credit relationships are completed in a timely fashion. Conduct regular reviews with team members to maintain a high quality of work, and to identify learning opportunities.
- Data Integrity: Ensure credit agreement terms are correctly reflected in the Bank’s systems and that all credit documentation is accounted for and reviewed in a timely basis (e.g. credit agreements, amendments, waivers, security documents).
- Corporate Banking (CB) / Global Markets (GM) Support: Provide transactional support to CB / GM which includes but is not limited to: credit transaction requests (new credit, refinancing requests, renewals, covenant waivers, loan documentation reviews), trading line requests, and cash management requests.
- Stakeholder Engagement: Work closely and maintain positive relationships with Corporate Banking (CB), Group Risk Management (GRM), Global Markets (GM), and Global Loans Administration (GLA). You will be your team’s primary point of contact and will conduct regular meetings with stakeholders to ensure a high level of service is provided to other groups within the Bank.
- Coaching & Team Management: Provide regular feedback and coaching on employee performance and progress against goals, career progression, and continual training. Stay up to date on Bank policy, credit trends, and industry research in an effort to develop a high performing team in which team members produce insightful, high quality work in a timely manner.
- Other Responsibilities: Other ad-hoc responsibilities may include presenting to key stakeholders, reporting portfolio statistics, and periodic process reviews in order to promote a culture of continuous process improvement.
What do you need to succeed?
- Strong academic credentials including completion of Bachelor's degree in Business, Finance, Economics, or Engineering mathematics or any other problem solving fields
- MBA or CPA, CFA professional designation (completed or near completion) or a post-graduate degree with a focus in business, accounting, economics, mathematics or other quantitative field would be an asset but is not required.
- 1-5 years work experience in a related field, including banking or corporate lending experience, finance and/or risk management, or knowledge of structuring and writing of credit proposals, credit processes and policies
- Highly motivated self-starter with keen attention to detail and strong interest in corporate finance and credit
- Ability to read and understand complex legal documents (e.g. loan agreements, security documents)
- Strong credit and analytical skills including the ability to critically assess financial statements and other client reports to draw reasoned conclusions and recommend a course of action
- Excellent written and verbal communication, with strong negotiation skills and an ability to manage conflicting demands and viewpoints, and multiple stakeholder expectations
- Ability to work effectively within a team environment and to interact at all levels within a large organization
- Ability to prioritize, perform well under pressure and meet time sensitive deadlines
- Strong general PC Skills (Excel, Word and PowerPoint)
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.
- Leaders who support your development through coaching
- Work in a dynamic, collaborative and high-performance team environment
- Opportunities to do challenging work and foster strong working relationships other areas of the bank, notably Corporate Banking, Group Risk Management, Global Markets, Funding and Lending Services, Global Banking Service Centre, and Ratings & Monitoring Group.
Job Skills
Investment Consulting, Investment Operations, Investments Analysis, Long Term Planning, Order Processing, Quality Management, Recruiting, Risk Management, Trade Processing, Waterfall Project 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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