Director of Asset Servicing
1 month ago
We are seeking an experienced Director of Asset Servicing to lead our loan servicing team, providing end-to-end service support to our Capital Markets and BFS business partners.
The successful candidate will be responsible for managing a portfolio of syndicated and bilateral loans, overseeing the ongoing servicing requirements, and ensuring timely action on notices from borrowers, agent banks, or relationship managers within established risks and controls framework.
Main Responsibilities:
- Lead and manage 3-4 teams of operations professionals (total team size 20-30 FTE) who are responsible for day-to-day loan servicing of a portfolio of syndicated and bilateral loans where RBC is either participant or agent or both.
- Direct reports will have 3-4 direct reports and are responsible for performance management, coaching, and mentoring.
- Collaborate with other Associate Directors across pillars to ensure processes are consistent and knowledge is shared.
- Keep Senior Leadership team aware of any issues and escalate appropriately to ensure messaging and communication is streamlined.
Requirements:
- Strong operational/credit background and/or related experience with proven demonstration of knowledge in lending/credit practices including knowledge of syndication practices, loan documentation, lending products, funding mechanisms in Canadian, US, UK/EU markets.
- Proven ability to develop and manage strong and effective relationships with internal and external business partners.
- Ability to prioritize, work under pressure, and meet time-sensitive deadlines.
- Proficient with systems and diverse application and ease of adopting new and complex technology.
- 5+ years front-line/middle-office experience in lending function.
About the Role:
This is a full-time salaried position with an estimated salary range of $120,000 - $160,000 per year, depending on experience. The role is based in Toronto, Canada, and requires excellent communication and leadership skills. If you are a motivated and results-driven professional with a passion for loan servicing, we encourage you to apply.
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