Royal Bank of Canada
Job title:
Associate Director, Loan Servicing
Company
Royal Bank of Canada
Job description
Job Summary 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 Loan Servicing Pillar is responsible for managing the ongoing servicing requirements for the global loan book including oversight for advancements of funds for ongoing rollovers, paydowns and amendments by ensuring notices from borrowers, agent banks or relationship managers are actioned in a timely manner within established risks and controls framework.Job DescriptionLeads and manages 3-4 teams of operations professionals (total team size 20-30 FTE) who are responsible for day-to-day loan servicing of a portfolio of syndicated and bilateral loans where RBC is either participant or agent or both. The portfolio may include loans originated from Business Financial Services, Corporate Client Group, Asset Based Lending, Real Estate Capital Corp (RECC) and/or Capital Markets.Associate Directors will have 3-4 direct reports and are responsible for performance management, coaching and mentoring.Collaborate with other Associate Directors across pillars to ensure processes are consistent and knowledge is shared.Keep Senior Leadership team aware of any issues and escalate appropriately to ensure messaging and communication is streamlined.Collaborate across pillars to provide excellent end to end servicing including identification of operational risk events and implementation of tactical controls as required.Ensure team is following process controls and responsibilities including relevant SOX and key controls.Provides relief for the other Associate Directors during vacations and other absences and assists with the development of the assigned team including (i) demonstrating and promoting a continuous improvement mindset; (ii) delivering best in class service to internal and external clients; (iii) supporting staff and keeping them focused on business priorities and deliverables (iv) recruiting and career development plansProject work as assignedSkills Requirement:Strong operational/credit background and/or related experience with proven demonstration of knowledge in lending/credit practices including knowledge of syndication practices, loan documentation, lending products, funding mechanisms in Canadian, US, UK/EU, SY markets.Proven ability to develop and manage strong and effective relationships with internal and external business partners.Ability to prioritize, work under pressure and meet time sensitive deadlines.Proficient with systems and diverse application and ease of adopting new and complex technology (i.e. the Loan Funding systems – ACBS, CID, CCMS, TMS, etc.).5+ years front line/middle office experience in lending function.Proven ability to showcase leadership in a team dynamic environmentDemonstrate the ability to lead a cohesive team charged with effectively balancing the customer experience while managing operational and reputational risk.Job Skills Decision Making, Detail-Oriented, Financial Risk Management (FRM), Interpersonal Relationship Management, Interpersonal Relationships, Long Term Planning, Results-Oriented, Risk Management, Treasury ManagementAdditional Job DetailsAddress: RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: CAPITAL MARKETSJob Type: RegularPay Type: SalariedPosted Date: 2024-11-13Application Deadline: 2024-11-27Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt 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.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.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 .
Expected salary
Location
Toronto, ON
Job date
Fri, 15 Nov 2024 01:23:13 GMT
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