Analyst/Associate, Credit Transaction Management (CTM)

RBC • Toronto, ON

3d • Onsite

About The Position

As an Analyst/Associate in our Credit Transaction Management team, you will work closely with Corporate Banking (“CB”) and Global Markets (“GM”) Sales & Trading to support the growth of the corporate loan book and trading businesses and will manage a portfolio of borrowers within the Global Credit division of RBC Capital Markets. You will also work closely with other groups within Capital Markets and the Bank to deliver a full range of credit and banking services to multinational and other large corporate relationships. This role can be at the Analyst or Associate level, depending on the incumbent's background and skillset.

Requirements

• Completion of Bachelor's degree in Business, Finance, Economics, or Engineering mathematics or any other problem solving fields.
• 1-5 years work experience in a related field, including banking or corporate lending experience, finance and/or risk management, or knowledge of structuring and writing of credit proposals, credit processes and policies.
• Highly motivated self-starter with keen attention to detail and strong interest in corporate finance and credit.
• Ability to read and understand complex legal documents (e.g. loan agreements, security documents).
• Strong credit and analytical skills including the ability to critically assess financial statements and other client reports to draw reasoned conclusions and recommend a course of action.
• Excellent written and verbal communication, with strong negotiation skills and an ability to manage conflicting demands and viewpoints, and multiple stakeholder expectations.
• Ability to work effectively within a team environment and to interact at all levels within a large organization.
• Ability to prioritize, perform well under pressure and meet time sensitive deadlines.
• Strong general PC Skills (Excel, Word and PowerPoint).

Nice To Haves

• MBA or CPA, CFA professional designation (completed or near completion) or a post-graduate degree with a focus in business, accounting, economics, mathematics or other quantitative field would be an asset but is not required.

Responsibilities

• Administration of an assigned portfolio of borrowers, which includes multinational and other large corporate lending relationships, and provide additional support to several Corporate Banking teams.
• Provide transactional support to CB which includes but is not limited to: credit transaction requests (new credit, refinancing requests, renewals, covenant waivers, loan documentation reviews), drafting loan proposals, and cash management requests.
• Review and approve specific draw down requests.
• Develop expertise in assigned portfolio, policies and guidelines, and provide value added advice to internal partners.
• Ensure compliance with Bank Policy.
• Participate in team deliverables with respect to regulatory/audit requests.
• Ensure Annual Reviews of existing credit relationships are completed in a timely fashion and maintain a high quality of work.
• Ensure credit agreement terms are correctly reflected in the Bank’s systems and that all credit documentation is accounted for and reviewed in a timely basis (e.g. credit agreements, amendments, waivers, security documents).
• Work closely and maintain positive relationships with Corporate Banking (CB), Group Risk Management (GRM), and Funding and Lending Services.
• Completion of ad-hoc projects and other duties (including presenting to key stakeholders) efficiently and effectively in order to support the team’s planned and unplanned demands.

Benefits

• Opportunities to do challenging work and foster strong working relationships other areas of the bank, notably Corporate Banking, Group Risk Management, Global Markets, Funding and Lending Services, Global Banking Service Centre, and Ratings & Monitoring Group.
• Leaders who support your development through coaching.
• Work in a dynamic, collaborative and high-performance team environment.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level