Analyst, Loan Servicing New York
RBC
Job Description
What is the opportunity?
You will provide support to all participants in the day-to-day administration of an assigned group of Borrower Names and their related credit facilities, loan drawings and fee and interest schedules
What will you do?
- Operationalize the credit agreement by establishing and set up facilities, fee schedules and loan ACBS.
- Process transactions in ACBS 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/reconcile interest and fee transactions in ACBS as required by the Credit
Agreement - Input or verify information in payment systems (BESS, RFT, RIMMS), as required for payments which cannot be processed through ACBS.
- Act as a backup to other Analysts on the team
- Acts as verification officer for all ACBS/CID two touch transactions.
- Ensure Chase, Nostro, Internal Accounts and Adjustment Suspense is actioned daily and there are no aged items without documented explanation.
- OMS comments must be added/updated daily without prompting.
- Action eTRs daily, ensuring accurate credit records.
- Identify gaps in GLA processes and provide detailed recommendations to the Manager for consideration; assist with the implementation of process changes.
What you need to succeed?
- Undergraduate Degree with 1 - 2 years of relevant experience
- Strong knowledge of lending products, rate-setting methods and payment methods
- Proficiency in Excel, Word and ACBS
- Ability to work effectively both independently and within a team environment
- Ability to prioritize, work under pressure and meet time sensitive deadlines
- Strong time management and organizational skills;
- Excellent attention to detail, judgment, flexibility and dependability.
- Ability to respond effectively to requests from participants especially for accommodations which fall outside the parameters of the Credit Agreement
- Excellent written and oral communication skills
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, Capital Markets, Credit, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Lending (Inactive), 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 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.