Syndicated Loan Analyst

3 weeks ago


Bedford, 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**

Syndicated Loan Analyst

**Primary Responsibilities**
- Process transactions in ACBS upon requests from assigned Borrowers for advances, rollovers, conversions or repayments; ensure notice and limit requirements are met, participants are notified, rates are set and payments are made in accordance with the relevant Credit Agreement
- Process secondary assignments, and where required primary assignments, upon requests for assigned Borrowers in accordance with established guidelines
- Process interest and fee transactions in ACBS as required by the Credit Agreement
- Where instructed, notify syndicate of pricing and limit changes as required by the Credit Agreement and within established time frames. Create and obtain EUC approval for manual spreadsheets as necessary, to record all transactions and calculations that cannot be processed in ACBS
- Maintain a series of Word templates with up-to-date standard instructions to be used as needed for notifications, letters and fax coversheets
- Input or verify payments in RBC Express, RIMMS as required for payments which cannot be processed through ACBS
- Manage and monitor accounts requiring special handling - Special Loans Accounts/Daily Cash Sweep Accounts/Construction
- Real Estate accounts
- Assist Deal Managers on assigned deal closings, ensuring notice and funding requests are processed in accordance with internal guidelines and on a timely manner
- Act as verification officer for ACBS two touch transactions created by other Analysts
- Assist with the daily reconciliation of the Agency internal accounts by following up for missing or excess funds
- Investigate ACBS, LCA and OMS reports on a daily basis and input comments where required
- Act as a backup to other Analyst
- Identify gaps in Agency processes and recommend changes to minimize operational/reputational risk
- Complete assigned courses on Workday by due dates

**Experience required**:

- Knowledge of lending products, rate-setting methods and payment methods
- Proficiency in Excel, Word
- Ability to work effectively both independently and within a team environment
- Ability to prioritize, work under pressure and meet time sensitive deadlines
- Strong organizational and problem solving skills; detail oriented
- Ability to respond effectively to requests from borrowers and participants especially for accommodations which fall outside the parameters of the Credit Agreement
- Excellent written and oral communication skills

**Education, certification and designation requirements**:Require University degree, experience in financial industry or a combination

**Additional capabilities and skills**: Knowledge of ACBS is an asset

**Job Summary**

Job Purpose
- The primary objective of the position is to provide day-to-day servicing/administration of an assigned group of Syndicated facilities for which Royal Bank of Canada is Agent and their related loan drawings, fees and interest schedules
- Responsible for ensuring loan integrity and compliance against bank policies and loan credit agreement and encompasses verification officer roles.
- The competence with which the incumbent’s duties are carried out has a major impact on the credibility of the department, both within and outside the Bank. The role of Agent is highly visible and affects the Bank’s ability to obtain Syndication and Agency mandates. Failure to perform in an efficient and competent manner can not only jeopardize the Bank’s reputation, but can also result in significant material losses.
- The incumbent 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.

**Address**:
90 WESTERN PKY:BEDFORD

**City**:
CAN-NS-BEDFORD

**Country**:
Canada

**Work hours/week**:
37.5

**Employment Type**:
Full time

**Platform**:
Capital Markets

**Job Type**:
Regular

**Pay Type**:
Salaried

**Posted Date**:
2023-08-18

**Application Deadline**:
2023-08-31

**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.

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