Portfolio Analyst, Asset Based Lending

2 weeks 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 - Corporate Client Group

**What is the opportunity?**

As a Portfolio Analyst in our Asset Based Lending team, within Royal Bank’s Corporate Client Group, 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 commercial and mid-market Asset Based Lending (ABL) accounts, by 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?**
- 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
- Identify and be alert for revenue opportunities that can be taken to Portfolio Management for consideration

**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
- French Bilingual (Fluency)

**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 and flexible benefits, competitive compensation, commissions, and stock where applicable
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work

**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**:
2023-07-28

**Application Deadline**:
2023-08-18

**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 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.

**Join our Talent Community**

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Rec

  • Portfolio Analyst, Asset Based Lending, Ccg

    4 weeks 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...

  • Analyst, Asset Based Lending

    4 weeks 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...

  • Field Examiner, Asset Based Lending

    4 weeks ago

    Toronto, Canada TD Bank Full time

    397060BR Audit Toronto, ON January 24, 2023 Company Overview Department Overview The Junior Field Examiner works as part of a team with the Relationship Managers, Senior Credit Analysts, Senior field examiners and Collateral Analysts in supporting a portfolio of customers in TD Asset Based Lending (“TDABL”). The Junior Field Examiner is responsible...

  • Commercial Analyst

    6 days ago

    Toronto, Canada Bayview Asset Management Full time

    Overview: Glasslake Funding ULC was founded in 2022 and is the Canadian subsidiary of Bayview Asset Management, headquartered in Coral Gables, Florida. The focus for Glasslake is to deliver a simple and seamless funding experience - smooth, reflective, and transparent across all waters. Glasslake is grounded in a human-centered approach for simple customer...

  • Portfolio Analyst

    1 week ago

    Toronto, Canada First National Financial Full time

    We are hiring a Portfolio Analyst, Commercial Servicing! **The Role**: To manage a portfolio of loans to the highest industry standard with team members ensuring all terms of the commitment letter (including all supporting agreements) are performed by the borrower to the benefit of our investors and also responding to any reasonable borrower requests that...

  • Corporate Banking Analyst

    1 week ago

    Toronto, Canada China Construction Bank Toronto Branch Full time

    Reporting to the Head of Corporate Banking, the Analyst is primarily responsible for supporting the Portfolio Management function within the Department with core tasks focused on the development of new and existing corporate clients and performing high level financial modeling and analysis. The Analyst will perform a variety of other Portfolio Management...

  • Corporate Banking Analyst

    1 week ago

    Toronto, Canada China Construction Bank Toronto Branch Full time

    Reporting to the Head of Corporate Banking, the Analyst is primarily responsible for supporting the Portfolio Management function within the Department with core tasks focused on the development of new and existing corporate clients and performing high level financial modeling and analysis. The Analyst will perform a variety of other Portfolio Management...

  • Corporate Banking Analyst

    1 week ago

    Toronto, Canada China Construction Bank Toronto Branch Full time

    Reporting to the Head of Corporate Banking, the Analyst is primarily responsible for supporting the Portfolio Management function within the Department with core tasks focused on the development of new and existing corporate clients and performing high level financial modeling and analysis. The Analyst will perform a variety of other Portfolio Management...

  • Corporate Banking Analyst

    7 days ago

    Toronto, Canada China Construction Bank Toronto Branch Full time

    Reporting to the Head of Corporate Banking, the Analyst is primarily responsible for supporting the Portfolio Management function within the Department with core tasks focused on the development of new and existing corporate clients and performing high level financial modeling and analysis. The Analyst will perform a variety of other Portfolio Management...

  • Medical Contract Analyst

    7 days ago

    Toronto, ON, Canada Fengate Asset Management Full time

    The Development Analyst, Real Estate will be responsible for providing financial and other support on a wide range of development projects in multiple asset classes. The Analyst will oversee the development, interpretation, and implementation of financial models to evaluate and propose recommendations on investment, development, and redevelopment projects....

  • Analyst, Portfolio Management, CFG

    2 weeks ago

    Toronto, ON, Canada Equitable Group Full time

    Thursday, May 13, 2021 Canada's Challenger Bank Equitable Group Inc. trades on the Toronto Stock Exchange (TSX: EQB and EQB.PR.C) and serves a growing number of Canadians through Equitable Bank, Canada's Challenger Bank. Equitable Bank has grown to become the country's eighth largest independent Schedule I bank with a clear mandate to drive real...

  • Analyst, Portfolio Management, CFG

    2 weeks ago

    Old Toronto, Canada Equitable Group Full time

    Thursday, May 13, 2021 Canada's Challenger BankEquitable Group Inc. trades on the Toronto Stock Exchange (TSX: EQB and EQB.PR.C) and serves a growing number of Canadians through Equitable Bank, Canada's Challenger Bank. Equitable Bank has grown to become the country's eighth largest independent Schedule I bank with a clear mandate to drive real change in...

  • Analyst, Portfolio Management, CFG

    2 weeks ago

    Old Toronto, Canada Equitable Group Full time

    Thursday, May 13, 2021 Canada's Challenger BankEquitable Group Inc. trades on the Toronto Stock Exchange (TSX: EQB and EQB.PR.C) and serves a growing number of Canadians through Equitable Bank, Canada's Challenger Bank. Equitable Bank has grown to become the country's eighth largest independent Schedule I bank with a clear mandate to drive real change in...

  • Analyst, Portfolio Management, CFG

    2 weeks ago

    Old Toronto, Canada Equitable Group Full time

    Thursday, May 13, 2021 Canada's Challenger BankEquitable Group Inc. trades on the Toronto Stock Exchange (TSX: EQB and EQB.PR.C) and serves a growing number of Canadians through Equitable Bank, Canada's Challenger Bank. Equitable Bank has grown to become the country's eighth largest independent Schedule I bank with a clear mandate to drive real change in...

  • Corporate Banking Analyst

    1 week ago

    Toronto, Canada China Construction Bank Toronto Branch Full time

    Reporting to the Head of Corporate Banking, the Analyst is primarily responsible for supporting the Portfolio Management function within the Department with core tasks focused on the development of new and existing corporate clients and performing high level financial modeling and analysis. The Analyst will perform a variety of other Portfolio Management...

  • Corporate Banking Analyst

    1 week ago

    Toronto, Canada China Construction Bank Toronto Branch Full time

    Reporting to the Head of Corporate Banking, the Analyst is primarily responsible for supporting the Portfolio Management function within the Department with core tasks focused on the development of new and existing corporate clients and performing high level financial modeling and analysis. The Analyst will perform a variety of other Portfolio Management...

  • Corporate Banking Analyst

    7 days ago

    Toronto, Canada China Construction Bank Toronto Branch Full time

    Reporting to the Head of Corporate Banking, the Analyst is primarily responsible for supporting the Portfolio Management function within the Department with core tasks focused on the development of new and existing corporate clients and performing high level financial modeling and analysis. The Analyst will perform a variety of other Portfolio Management...

  • Analyst/Senior Analyst, Portfolio Construction

    7 days ago

    Toronto, Ontario, Canada Investment Management Corporation of Ontario Full time

    At IMCO, our talent is among the best IMCO offers a uniquely stimulating and rewarding environment where you can help build and drive organizational transformation, all while seeking to challenge yourself, learn, and grow your career. We offer a culture of collaboration and passion, creating unwavering value for the clients we serve. Our vision is to be the...

  • Analyst/Senior Analyst, Portfolio Construction

    7 days ago

    Toronto, Canada Investment Management Corporation of Ontario Full time

    At IMCO, our talent is among the best! IMCO offers a uniquely stimulating and rewarding environment where you can help build and drive organizational transformation, all while seeking to challenge yourself, learn, and grow your career. We offer a culture of collaboration and passion, creating unwavering value for the clients we serve. Our vision is to be the...

  • Junior Business Analyst, MS Excel

    3 weeks ago

    Toronto, Canada CB Canada Full time

    Junior Business Analyst - MS Excel - Tax/Lending On behalf of our client in the Banking Sector, PROCOM is looking for a Junior Business Analyst - MS Excel - Tax/Lending. Junior Business Analyst - MS Excel - Tax/Lending – Job Description Tax Module - solution analysis to implementation stages: Validation and reconciliation of data from ACBS to Tax module,...