Loan Servicing Analyst
Job Summary
Job Description
What is the Opportunity?
You will provide support to all participants in the day-to-day administration of an assigned group of Single Names and their related credit facilities, loan drawings and fee and interest schedules. The competence with which you will carry out your duties will have major impact on the credibility of the department, both within and outside the Bank.
You 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. You will be provided with 6 weeks' training.
What will you do?
- Set up facilities, fee schedules and loans
- Process transactions upon requests from assigned Borrowers or their agents for advances, rollovers, conversions or repayments; ensure notice and limit requirements are met, rates are set and payments are made in accordance with the relevant Credit Agreement and Electronic Transaction Request
- Process interest and fee transactions in loans systems as required by the Credit Agreement
- Input or verify information in payment systems
- Assist with the daily reconciliation of the internal accounts by following up for missing entries
- Act as a backup to other Analysts on the team
What do you need to succeed?
Must Have:
- 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
Nice to Have
- Experience in Loans/Credit
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
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
- Flexible work/life balance options
Job Skills
Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process ImprovementsAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion 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.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.