Portfolio Analyst, Asset Based Lending, Ccg

2 months ago


Toronto, Canada Royal Bank of Canada Full time

**Come Work with Us**

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

**Job Title**

Portfolio Analyst, Asset Based Lending, CCG

**What is the opportunity?**

RBC is a leading provider of asset based loans for a wide variety of industries and client situations across Canada. As a Portfolio Analyst on the Portfolio Management team for RBC’s Asset Based Lending (“ABL”) business, you will bring your strong financial and risk analysis skills to the table as you become a valuable member of an established and dynamic team.

You will be responsible for the management of an assigned portfolio of diversified ABL clients that roll into one of RBC’s Corporate Client Group and Canadian Banking books, providing in-depth knowledge of the collateral and lending positions of their clients. You will also be responsible for ensuring credit facilities are in compliance with agreements and policies, providing prompt responses to requests from customers and other RBC units, ensuring bank systems reflect the terms as authorized and assist in the identification of deteriorating risk situations.

**What will you do?**

Manage aspects of an assigned ABL portfolio, such as:

- Coordinate and carry out the collateral management and credit transaction component of an assigned portfolio of Asset Based Lending (ABL) accounts
- Ensure timely, accurate completion of client uploads to ensure collateral values are correct and to determine client funding availability
- Ensure availability is accurately calculated, mitigating undue risk by ensuring proper reserves and ineligibles are taken
- Monitor client's compliance to the terms and conditions of loan and other agreements, assist in completing annual reviews of facilities
- Ensure periodic and at least quarterly monitoring of all borrowers and identify trends in the financial condition of accounts
- Complete the analysis of the monthly reporting provided by the borrower to ensure client is operating within ABL requirements
- Preparation of borrower risk rating submissions for new and existing commercial accounts
- Assist with the preparation of annual credit reviews where required
- Responsible for data integrity of accounts in the assigned portfolio, ensuring bank systems are correct
- Assist in ensuring all supporting documentation is provided in timely fashion
- Investigate and provide comments daily to Portfolio Management on credit excesses

**What do you need to succeed?**

**Must Have**
- Minimum Undergraduate Degree with a focus in Business, Economics, Accounting, Mathematics or other quantitative fields
- Demonstrated strong Financial Analysis and Accounting skills through past roles within Financial Services or Internship/ Co-op experiences
- Strong Excel Skills
- Highly detail oriented skill sets coupled with strong organizational skills
- Ability to prioritize work and manage competing demands from various groups with which ABL interacts

**Nice to Have**
- CFA/CPA/ CMA or other relevant professional designation (or working towards)
- Prior experience in commercial banking or ABL market is nice to have
- Strong understanding of loan agreements, field examinations, appraisals and financial reporting
- Familiarity with RBC credit processes and loan documentation
- French reading/writing/communication skills.

**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.
- A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team
- Flexible work/life balance options
- Opportunities to take on progressively greater accountabilities
- Opportunities to build close relationships with clients and partners

**Job Summary**

**Address**:
TORONTO, Ontario, Canada

**City**:
CAN-ON-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**:
2023-02-23-08:00

**Application Deadline**:
2023-03-09-08:00

**I**nclusion** and Equal Opportunity Employment**

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equ



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