Analyst/Associate - Credit Transaction Management (CTM)

RBC

Oct 26, 2024

Applications are closed

Job
Full-time
Junior, Mid & Senior Level
Business, Operations & Strategy
Banking & Finance
Toronto

Requirements

Strong academic credentials including completion of Bachelor's degree in Business, Finance, Economics, or Engineering mathematics or any other problem solving fields
MBA or CPA, CFA professional designation (completed or near completion) or a post-graduate degree with a focus in business, accounting, economics, mathematics or other quantitative field would be an asset but is not required.
1-5 years work experience in a related field, including banking or corporate lending experience, finance and/or risk management, or knowledge of structuring and writing of credit proposals, credit processes and policies
Highly motivated self-starter with keen attention to detail and strong interest in corporate finance and credit
Ability to read and understand complex legal documents (e.g. loan agreements, security documents)
Strong credit and analytical skills including the ability to critically assess financial statements and other client reports to draw reasoned conclusions and recommend a course of action
Excellent written and verbal communication, with strong negotiation skills and an ability to manage conflicting demands and viewpoints, and multiple stakeholder expectations
Ability to work effectively within a team environment and to interact at all levels within a large organization
Ability to prioritize, perform well under pressure and meet time sensitive deadlines
Strong general PC Skills (Excel, Word and PowerPoint)

Responsibilities

You will be responsible for the administration of an assigned portfolio of borrowers, which includes multinational and other large corporate lending relationships, and will provide additional support to several Corporate Banking teams. Your key responsibilities will include:
Corporate Banking (CB) Support: Provide transactional support to CB which includes but is not limited to: credit transaction requests (new credit, refinancing requests, renewals, covenant waivers, loan documentation reviews), drafting loan proposals, and cash management requests.
Portfolio Transaction Management: Includes but is not limited to: (i) Review and approve specific draw down requests, (ii) Develop expertise in assigned portfolio, policies and guidelines, and provide value added advice to internal partners, (iii) Ensure compliance with Bank Policy, and (iv) Participate in team deliverables with respect to regulatory/audit requests.
Annual Reviews: Ensure Annual Reviews of existing credit relationships are completed in a timely fashion and maintain a high quality of work.
Data Integrity: Ensure credit agreement terms are correctly reflected in the Bank’s systems and that all credit documentation is accounted for and reviewed in a timely basis (e.g. credit agreements, amendments, waivers, security documents).
Stakeholder Engagement: Work closely and maintain positive relationships with Corporate Banking (CB), Group Risk Management (GRM), and Funding and Lending Services.
Other Responsibilities: Completion of ad-hoc projects and other duties (including presenting to key stakeholders) efficiently and effectively in order to support the team’s planned and unplanned demands.

FAQs

What is the job title for this position?

The job title is Analyst/Associate - Credit Transaction Management (CTM).

What team will I be working with as an Analyst/Associate?

You will be working with the Credit and Transaction Management team, alongside Corporate Banking (CB) and Global Markets (GM) Sales & Trading.

What are the primary responsibilities of this role?

The primary responsibilities include managing a portfolio of borrowers, providing transactional support to Corporate Banking, overseeing portfolio transaction management, ensuring data integrity, conducting annual reviews, and engaging with stakeholders.

What qualifications are needed for this position?

A strong academic background with a Bachelor's degree in Business, Finance, Economics, or a related field is required. An MBA or professional designation such as CPA or CFA is an asset. Candidates should also have 1-5 years of relevant work experience.

Are there any specific skills required for success in this role?

Yes, candidates must possess strong analytical skills, attention to detail, excellent written and verbal communication skills, and the ability to understand complex legal documents. Teamwork and adaptability are also essential.

What can I expect in terms of professional development?

The organization offers leaders who support your development through coaching, opportunities for challenging work, and the chance to foster relationships with various areas of the bank.

Is there a possibility for advancement within the team?

Yes, there is potential for advancement depending on individual performance, experience, and the operational needs of the organization.

What is the work environment like?

The work environment is dynamic, collaborative, and high-performance-oriented, encouraging teamwork and innovation.

What are the work hours for this position?

The work hours for this position are 37.5 hours per week.

When is the application deadline for this position?

The application deadline is November 6, 2024.

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Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 88,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.