Top Benefits
About the role
Job Description
What is the opportunity?
Lending Services within BCS includes three pillars working collaboratively to provide end to end service support to our Capital Markets and BFS business partners for lending products and supporting administrative agent responsibilities when mandated. The prime objective of the Associate, Verification position is to provide verification support to the deal closings and day-to-day administration / processing of an assigned group of Borrower Names for which RBC is a counterparty in primary syndications or secondary loan trading, Lender Participant and/or Administrative Agent and their related credit facilities, loan drawings and fee and interest payments.
What will you do?
- Responsible for ensuring loan integrity and compliance against bank policies, agent notices and loan credit agreement.
- Responsible for escalations of questions related to complex transaction processing and be client facing (Client or Agent Banks) for inquiry investigation and resolution.
- Responsible to interact with internal stakeholders as required to facilitate loan servicing.
- Provides expert processing and verification advice and support to peer Associates and Analysts including monitoring advancement of funds within the Credit Agreement terms, as well as post sales servicing across the Wholesale Loan Book in Capital Markets.
- Provides relief for Manager Verification, peer Associates and Analysts during vacations and other absences, and assists with the development of peer Analysts through coaching and training.
- Keeps Manager and Senior Leaders aware of any issues and escalate appropriately to ensure messaging and communication is streamlined.
- Collaborates across pillars to provide excellent end to end servicing including identification of operational risk events and implementation of tactical controls as required
What you need to succeed?
Must-haves
- An Undergraduate Degree with a strong operational background (2+ years) and related experience with proven demonstration of knowledge in lending/credit practices including knowledge of syndication practices, loan documentation, lending products, funding mechanisms in Canadian, US, UK/EU, SY markets.
- Proven ability to develop and manage strong and effective relationships with internal and external business partners.
- Ability to prioritize, work under pressure and meet time sensitive deadlines.
- Proficient with systems and diverse application and ease of adopting new and complex technology (i.e. the Loan Funding systems – ACBS, CID, CCMS, TMS, etc.)
- Strong knowledge of lending products, rate-setting methods, payment methods and loan trading process
- 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 Borrowers, syndicate participants, or loan trading counterparties as applicable to RBC’s role 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, Customer Service, Decision Making, Interpersonal Relationship Management, Operational Delivery, Process Improvements, Time Management
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:
2025-10-07
Application Deadline:
2025-10-17
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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
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.
About RBC
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.
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.
Top Benefits
About the role
Job Description
What is the opportunity?
Lending Services within BCS includes three pillars working collaboratively to provide end to end service support to our Capital Markets and BFS business partners for lending products and supporting administrative agent responsibilities when mandated. The prime objective of the Associate, Verification position is to provide verification support to the deal closings and day-to-day administration / processing of an assigned group of Borrower Names for which RBC is a counterparty in primary syndications or secondary loan trading, Lender Participant and/or Administrative Agent and their related credit facilities, loan drawings and fee and interest payments.
What will you do?
- Responsible for ensuring loan integrity and compliance against bank policies, agent notices and loan credit agreement.
- Responsible for escalations of questions related to complex transaction processing and be client facing (Client or Agent Banks) for inquiry investigation and resolution.
- Responsible to interact with internal stakeholders as required to facilitate loan servicing.
- Provides expert processing and verification advice and support to peer Associates and Analysts including monitoring advancement of funds within the Credit Agreement terms, as well as post sales servicing across the Wholesale Loan Book in Capital Markets.
- Provides relief for Manager Verification, peer Associates and Analysts during vacations and other absences, and assists with the development of peer Analysts through coaching and training.
- Keeps Manager and Senior Leaders aware of any issues and escalate appropriately to ensure messaging and communication is streamlined.
- Collaborates across pillars to provide excellent end to end servicing including identification of operational risk events and implementation of tactical controls as required
What you need to succeed?
Must-haves
- An Undergraduate Degree with a strong operational background (2+ years) and related experience with proven demonstration of knowledge in lending/credit practices including knowledge of syndication practices, loan documentation, lending products, funding mechanisms in Canadian, US, UK/EU, SY markets.
- Proven ability to develop and manage strong and effective relationships with internal and external business partners.
- Ability to prioritize, work under pressure and meet time sensitive deadlines.
- Proficient with systems and diverse application and ease of adopting new and complex technology (i.e. the Loan Funding systems – ACBS, CID, CCMS, TMS, etc.)
- Strong knowledge of lending products, rate-setting methods, payment methods and loan trading process
- 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 Borrowers, syndicate participants, or loan trading counterparties as applicable to RBC’s role 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, Customer Service, Decision Making, Interpersonal Relationship Management, Operational Delivery, Process Improvements, Time Management
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:
2025-10-07
Application Deadline:
2025-10-17
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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
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.
About RBC
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.
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.