Loan Servicing Analyst

Loan Servicing Analyst

Job Overview

Location
Toronto, Ontario
Job Type
Full Time Job
Job ID
95782
Date Posted
1 year ago
Recruiter
Raymond Catherine
Job Views
265

Job Description

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.
  • All excess items are addressed by 11:00 a.m. daily.
  • 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

RBC requires as a condition of employment that all successful candidates in the United States and Canada be fully vaccinated against COVID-19 prior to their start date, and may require proof of the same.  Reasonable accommodation is available where required by law.

Job ID: 95782

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