Analyst/Associate, Credit & Transaction Management - Energy & Power

Royal Bank of Canada•Toronto, ON

5d•CA$75,000 - CA$100,000•Onsite

About The Position

As an Analyst/Associate in our Credit and 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.

Responsibilities

Administration of an assigned portfolio of borrowers, including multinational and other large corporate lending relationships.
Provide additional support to several Corporate Banking teams, specifically in Oil & Gas and Power & Utilities.
Provide full transactional support to CB throughout the underwriting process, including credit requests (new credit, refinancing requests, extensions/renewals, material amendments/waivers, loan documentation reviews), KYC approval, drafting loan proposals for business and risk approvals, and cash management requests.
Provide recommendations on limits and revise credit structures for existing clients.
Review and approve specific drawdown 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.
Review exposure under all single names, at least once a year, to ensure credit, trading, and transactional limits remain appropriate, and the risk remains acceptable.
Conduct thorough reviews of executed legal credit documentation to 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), Funding and Lending Services, and Treasury & Cash Management.
Completion of ad-hoc projects (including regulatory and enterprise-wide initiatives by assisting partners with OSFI requests, Audit, and Fed Reviews) and other duties (including presenting to internal stakeholders on key credit and product policies) efficiently and effectively to support the team’s planned and unplanned demands.