High Net Worth Commercial Credit Solutions Specialist
Top Benefits
About the role
Job Description
What is the opportunity?
This position supports the High Net Worth/Tailored Lending team for the New York Credit Branch within US Wealth Management by facilitating loan closings and performing life of loan portfolio servicing for complex lending facilities and borrowing structures while providing best in class customer experience.
All responsibilities shall be carried out in accordance with the Code of Conduct, RBC Values and Guiding Principles ensuring compliance with the Privacy Principles.
What will you do?
Loan Closing
- Perform pre-closing loan due diligence and ensure any pre-closing requirements are satisfied
- Work closely with Lending team and Counsel to ensure loan documentation is accurate and reflects approved loan terms
- Coordinate loan closing and funding with Lending Team, Counsel and Loan Operations
Portfolio Management
- Track and Manage all Affirmative and Negative Loan Covenants
- Perform or Review periodic Loan Covenant Testing
- Perform or approve funding on existing portfolio
- Facilitate loan renewals, refinances and payoffs
What do you need to succeed?
Must-have
- 4 year advanced degree from accredited university in Finance, Accounting, Business or equivalent and / or related experience
- 7+ years of commercial lending experience, preferably in documentation, underwriting or portfolio management
- Ability to meet all work deadlines
- Exhibits High Level of Internal and External Client Service
- Knowledge of credit requirements and regulatory compliance for commercial and securities based lending
- Strong PC skillset (Word/Excel/Outlook/Power Point)
- Ability to learn and adapt to in-house credit and other workflow systems
- Strong interpersonal, verbal and written communication skills with all levels of management
Nice-to-have
- Experience working with complex commercial loans and borrowing structures
- Experience in portfolio management role to include analyzing financials and calculating financial performance ratios
- Experience working with High Net Worth / Private Banking client base
- Demonstrated collaboration skills, working in partnerships to create effective outcomes
- Well organized, detail oriented, and extremely accurate
- Results Oriented by executing goals within timelines & acceptable risk levels
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, commissions, and stock where applicable
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Flexible work/life balance options
- Opportunities to do challenging work
- Opportunities to take on progressively greater accountabilities
- Access to a variety of job opportunities across business
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.
High Net Worth Commercial Credit Solutions Specialist
Top Benefits
About the role
Job Description
What is the opportunity?
This position supports the High Net Worth/Tailored Lending team for the New York Credit Branch within US Wealth Management by facilitating loan closings and performing life of loan portfolio servicing for complex lending facilities and borrowing structures while providing best in class customer experience.
All responsibilities shall be carried out in accordance with the Code of Conduct, RBC Values and Guiding Principles ensuring compliance with the Privacy Principles.
What will you do?
Loan Closing
- Perform pre-closing loan due diligence and ensure any pre-closing requirements are satisfied
- Work closely with Lending team and Counsel to ensure loan documentation is accurate and reflects approved loan terms
- Coordinate loan closing and funding with Lending Team, Counsel and Loan Operations
Portfolio Management
- Track and Manage all Affirmative and Negative Loan Covenants
- Perform or Review periodic Loan Covenant Testing
- Perform or approve funding on existing portfolio
- Facilitate loan renewals, refinances and payoffs
What do you need to succeed?
Must-have
- 4 year advanced degree from accredited university in Finance, Accounting, Business or equivalent and / or related experience
- 7+ years of commercial lending experience, preferably in documentation, underwriting or portfolio management
- Ability to meet all work deadlines
- Exhibits High Level of Internal and External Client Service
- Knowledge of credit requirements and regulatory compliance for commercial and securities based lending
- Strong PC skillset (Word/Excel/Outlook/Power Point)
- Ability to learn and adapt to in-house credit and other workflow systems
- Strong interpersonal, verbal and written communication skills with all levels of management
Nice-to-have
- Experience working with complex commercial loans and borrowing structures
- Experience in portfolio management role to include analyzing financials and calculating financial performance ratios
- Experience working with High Net Worth / Private Banking client base
- Demonstrated collaboration skills, working in partnerships to create effective outcomes
- Well organized, detail oriented, and extremely accurate
- Results Oriented by executing goals within timelines & acceptable risk levels
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, commissions, and stock where applicable
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Flexible work/life balance options
- Opportunities to do challenging work
- Opportunities to take on progressively greater accountabilities
- Access to a variety of job opportunities across business
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.