Senior Trade Operations Specialist
3 weeks ago
Job Description
What is the opportunity?
In this role, you are responsible for reviewing and providing advice to internal partners at various stages of credit agreements to ensure RBC’s ability to deliver on commitments. You will extensively summarize and operationalize all executed credit agreements to ensure prompt and accurate establishment of client records in Trade 360. You will also provide expert processing advice, guidance and oversight to the Trade Specialists to keep them focused on business priorities and deliverables.
What will you do?
Preparation & maintenance of the "Guarantee text" — which captures all operational aspects and facilitates the daily administration of the final issuance, ensuring it's accurately captured in our lending/operating/financial systems
Providing advice to Corporate Bankers on terms/conditions of the guarantee at the draft stage. Proactively identify operational and reputational risk and provide suggestions to Internal Partners to mitigate such occurrences
Liaise with borrowers, Agents, and legal counsel (both internal and external) as required in order to solve problems and provide correct operational protocol
Respond to requests that fall outside the parameters of the credit agreement
Make informed decisions in tight deadline situations while mitigating reputational/operational risk to RBC
Demonstrate leadership & problem solving skills by providing support and guidance to the Trade Specialist when needed in their daily work
Review reports and ensures prompt attention by the Trade Specialist to input comments and/or correct outstanding items within guidelines
Identify gaps in processes and provide detailed recommendations to the Manager for consideration and assist with the implementation of process changes
What do you need to succeed?
Must-have:
Undergraduate Degree
Strong operational background with 3-5 years of related experience, preferably in trade operations
Ability to prioritize, work under pressure and meet time sensitive deadlines
Strong attention to details
Proven ability to develop and manage strong and effective relationships with internal and external business partners
Nice to have:
Experience with the Loan Funding or Trade systems — e.g. Trade 360
Trade experience
Leadership experience/capabilities?
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.
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team
Opportunities to do challenging work
Job Skills Active Learning, Adaptability, Business Process Design, Customer Service, Decision Making, Detail-Oriented, Group Problem Solving, Operational Delivery, Teamwork, Time Management
Additional Job Details
Address: 16 YORK ST:TORONTO
City: TORONTO
Country: Canada
Work hours/week: 37.5
Employment Type: Full time
Platform: Personal and Commercial Banking
Job Type: Regular
Pay Type: Salaried
Posted Date: 2024-05-24
Application Deadline: 2024-06-04
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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