Job Description
What is the opportunity?
Lending Services within BCS includes three pillars working collaboratively to provide end to end service support to our Capital Markets and BFS business partners for lending products and supporting administrative agent responsibilities when mandated. The prime objective of the Associate, Verification position is to provide verification support to the deal closings and day-to-day administration / processing of an assigned group of Borrower Names for which RBC is a counterparty in primary syndications or secondary loan trading, Lender Participant and/or Administrative Agent and their related credit facilities, loan drawings and fee and interest payments.
What will you do?
•Responsible for ensuring loan integrity and compliance against bank policies, agent notices and loan credit agreement.
•Responsible for escalations of questions related to complex transaction processing and be client facing (Client or Agent Banks) for inquiry investigation and resolution.
•Responsible to interact with internal stakeholders as required to facilitate loan servicing.
•Provides expert processing and verification advice and support to peer Associates and Analysts including monitoring advancement of funds within the Credit Agreement terms, as well as post sales servicing across the Wholesale Loan Book in Capital Markets.
•Provides relief for Manager Verification, peer Associates and Analysts during vacations and other absences, and assists with the development of peer Analysts through coaching and training.
•Keeps Manager and Senior Leaders aware of any issues and escalate appropriately to ensure messaging and communication is streamlined.
•Collaborates across pillars to provide excellent end to end servicing including identification of operational risk events and implementation of tactical controls as required
What you need to succeed?
Must-haves
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.
Job Skills
Active Learning, Adaptability, Customer Service, Decision Making, Interpersonal Relationship Management, 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 believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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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 jobs.rbc.com.