Senior Loan Operations Specialist, Toronto

3 weeks ago


Toronto, Ontario, Canada Royal Bank of Canada Full time
Job Summary:
Royal Bank of Canada is seeking a skilled Senior Loan Operations Specialist to join our team in Toronto. This role will involve providing 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.

About the Opportunity:
This position requires a strong understanding of the administrative aspects of each assigned deal in order to resolve the various requests for interpretation and action that arise daily. The successful candidate will have excellent analytical skills, be detail-oriented, and have the ability to identify issues and suggest solutions.

Key Responsibilities:
- 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 Names
- Ensure payments are reconciled in timely fashion and any non-payments are escalated
- Assist with the daily reconciliation of the internal accounts by following up for missing entries
- Promptly updating OMS comments daily
- Act as a backup to other Analysts on the team
- Become 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 recommendations
- Provides support to analysts in the day-to-day administration of the assigned groups of Borrower Names and provides assistance for complex reconciliations

What You'll Need:
- University degree or College Diploma or any equivalent combination of qualifications and/or experience
- Proficiency in Excel, Word, Outlook
- Ability to work effectively both independently and within a team environment
- Ability to prioritize, work under pressure and meet time sensitive deadlines
- Strong analytical skills, detail oriented and ability identify issues and suggest solutions
- Communicate effectively with people at various levels, both internally and externally
- Quick learner who can handle high volume
- Comfortable with ambiguity in order to determine tasks requested

Benefits and Perks:
We offer a comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, and leaders who support your development through coaching and managing opportunities. Our dynamic, collaborative, progressive, and high-performing team offers opportunities to do challenging work, flexible work/life balance options, and a chance to thrive in a supportive environment.

Salary Range:
$65,000 - $85,000 per annum, depending on experience.

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