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Analyst, Lending Service Reconciliation

RBC1 day ago
Toronto, ON
Mid Level
full_time

Top Benefits

Total Rewards Program with bonuses and flexible benefits
Competitive compensation
Flexible work/life balance options

About the role

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?

  • Process periodic Letter of Credit fees and facility fee transactions for Syndicated Deals in loan systems as required by the Credit Agreement for the assigned portfolio of Borrower Names.
  • Ensure payments are reconciled in accordance to the Agent’s notice in timely fashion in accordance to each credit facilities’ Credit Agreement terms.
  • Strictly adhere to Operating Guidelines for all reconciliation, reporting activities, independently solve complex investigations, ensure timely resolution of all outstanding issues (particularly at month end).
  • Ensuring timely escalation of any non-payments.
  • Process interest and fee transactions in ACBS as required by the Credit Agreement.
  • Input or verify information in payment systems (BESS, RIMMS, RFT) as required for payments which cannot be processed through ACBS.
  • Action items in all internal accounts including Adjustment Suspense.
  • Act as a backup to other Administrators on the team.
  • Acts as verification officer for all ACBS two touch transactions for team members.
  • Assist with the daily reconciliation of the internal accounts by following up for missing entries.
  • Ensure Chase account is actioned daily and there are no aged items without documented explanation.
  • OMS comments must be added/updated daily without prompting.
  • Solve complex investigations independently using good judgment and analytical thinking

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 Improvements

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-09-26

Application Deadline:

2025-10-10

Note**:** Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

I****nclusion 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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About RBC

Banking
10,000+

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 94,000+ 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 more than 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 www.rbc.com/community-social-impact.

http://rbc.com/legalstuff.

La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais

Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.

https://www.rbc.com/conditions-dutilisation/