Manager, Underwriting - RBC Equipment Finance
RBC
Job Summary
Job Description
What is the opportunity?
As a Manager, Underwriting, you work to effectively identify and manage risks associated with equipment financing transactions. You support the completion of lease transactions by collaborating with Equipment Financing Specialists (EFS), Credit Advisory Group (CAG)/Group Risk Management (GRM), Equipment Financing Service Centre members, and RBC Enterprise Groups to realize RBC Equipment Finance growth priorities.
What is the opportunity?
As part of the leasing “centre of expertise”, deliver innovative and effective lease solutions to clients. This will include investigation, formulation and completion of lease structures and in the valuation of equipment
Present comprehensive and well-written Equipment Financing solutions, working collaboratively with partners (EFS, CAG, GRM) to ensure any risks associated with equipment financing transactions are identified and mitigated in accordance to RBC equipment financing product policies and guidelines
Collaborate with your partners to make the most of every interaction, documenting key points in the system, meeting immediate needs in a timely fashion and taking action to solve and prevent problems
Take ownership and resolve client impact concerns and requests at first point of contact, escalate to your manager in a timely manner to ensure minimal impact to their experience and ensure all activities are accurately completed within service level agreements
Leverage the expertise of key contacts in Tax, Legal, GRM, Commercial Markets and Capital Markets to enhance lease-structuring capabilities
Build capabilities across RBC Equipment Finance by sharing best practices, coaching and assisting colleagues for individual and team success
What do you need to succeed?
Must to have:
Experience in commercial lease financing, including knowledge of lease and conditional sale documentation required to properly secure a finance transaction
Broad knowledge of equipment, as to values, rates of depreciations, useful life and application, ability to read and understand equipment appraisals,
Knowledge of security registration in Canada and credit terminology
Strong communication skills
Ability to work independently and in a team-oriented environment
Working knowledge of Microsoft Excel and Word
Ability to work in a hybrid work arrangement – 3 days in office
Nice to have:
Undergraduate Degree
Bilingual communication skills (English/French)
What’s in it for you?
We thrive on the challenge to be our best, demonstrate diverse thinking to keep growing, and working together to deliver trusted advice to help clients thrive and communities prosper. We care about each other, reaching our potential and making a difference to our communities.
Ability to make a transformative difference and lasting impact for clients and advisors
Be part of a dynamic, collaborative and innovative team
Opportunity to do challenging work
Job Skills
Equipment Financing, Lease Transactions, Leasing, UnderwritingAdditional 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 believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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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.