Associate, Lending Services Reconciliations

Job title:

Associate, Lending Services Reconciliations

Company

Royal Bank of Canada

Job description

Job SummaryJob DescriptionWhat is the Opportunity?You will provide support to all participants in the day-to-day administration of an assigned group of Single Names and the reconciliation of their related credit facilities, loan drawings and fee and interest schedules. The competence with which you will carry out your duties will have major impact on the credibility of the department, both within and outside the Bank.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?Process quarterly Prime interest, LC fee and accruing fee transactions in loans systems as required by the Credit Agreement for the assigned portfolio of Borrower NamesEnsure payments are reconciled in timely fashion and any non-payments are escalatedAssist with the daily reconciliation of the internal accounts by following up for missing entriesPromptly updating OMS comments dailyAct as a backup to other Analysts on the teamBecome the subject matter expert for the end to end loan processing and reconciliation and actively seeks opportunities of enhancements for operational/control efficiency and propose recommendationsProvides support to analysts in the day-to-day administration of the assigned groups of Borrower Names and provides assistance for complex reconciliationsWhat do you need to succeed?Must Have:University degree or College Diploma or any equivalent combination of qualifications and/or experienceProficiency in Excel, Word, OutlookAbility to work effectively both independently and within a team environmentAbility to prioritize, work under pressure and meet time sensitive deadlinesStrong analytical skills, detail oriented and ability identify issues and suggest solutionsCommunicate effectively with people at various levels, both internally and externallyQuick learner who can handle high volumeComfortable with ambiguity in order to determine tasks requestedNice to HaveExperience in Loans/CreditWhat’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.A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensationLeaders who support your development through coaching and managing opportunitiesWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workFlexible work/life balance optionsJob Skills Active Learning, Adaptability, Customer Service, Decision Making, Operational Delivery, Process Improvements, Time 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: 2024-12-20Application Deadline: 2025-01-03Note: 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

Sat, 21 Dec 2024 07:00:42 GMT

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