Associate, Credit Transaction Management

Employer
RBC Capital Markets
Location
London, United Kingdom
Salary
Competitive
Posted
Aug 18, 2017
Closes
Sep 21, 2017
Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors

What is the opportunity?
Manage an assigned portfolio of Corporate, Muni, NBFI and National Clients Group Single Names on behalf of Global Credit. Manage the full range of credit, trading and transactional products for the assigned portfolio. Identify and escalate deteriorating situations in ongoing monitoring of the portfolio. Contribute to the team and add value to the credit process.

What will you do?
  • Manage the full range of credit, trading and transactional products for your assigned portfolio including dealing with amendments/waivers, decisioning payment excesses, problem solving, facilitating and verifying data integrity in our systems (CCMS).
  • Ensure compliance with terms and conditions of loan and other agreements, completion of annual reviews, facility renewals, monthly/quarterly monitoring and borrowing base assessments for all borrowers as required and managing credit and transactional excesses all on a timely basis.
  • Taking a view on credit, identify deteriorating credit early and assess borrower risk. Escalate when required, recommend a course of action (after discussing with your Team Leader) to LPM, Corporate Banking, Group Risk Management, GTCM and other partners as appropriate.
  • Using judgment, in concert with your Delegated Authorities to manage daily excesses, over limit payments and ongoing relationships within RBC providing, fair specific and balanced advice and mitigating risk as appropriate.
  • Keeping up with policy changes/updates and delivering on regulatory and audit requirements.
  • Establishing new and revised facilities, ensuring that submissions are appropriate and properly structured and that risks and mitigants are identified. Obtaining relevant business concurrence as required.
  • Work closely in assigned industry/teams to maintain collaborative relationships with our partners, including Corporate Banking, Portfolio Management, Global Trading and Client Management (GTCM) and with other areas of the bank, notably Group Risk Management, Assist Team Leader, when called upon, in other projects within CTM.
  • Ensure data integrity within CCMS, ascertaining CCMS properly captures the key terms and conditions of the Credit Agreement.

What do you need to succeed?
Must-have
  • Academic background with a master's level accreditation: usually an MBA, CSC, CFA, CA or other professional designation.
  • Strong financial risk analysis and/or accounting skills.
  • Excellent written and spoken communications abilities.
  • Familiarity with the RBC Capital Markets credit process and loan agreements.
  • Ability to strike a balance in putting "Client First" vs. ensuring that internal standards are maintained and deliverables are provided.

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.

*LI-MM2

About RBC
Royal Bank of Canada is Canada's largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com .

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Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.

JOB SUMMARY
City: City of London
Address: Thames Court
Work Hours/Week: 35
Work Environment: Office
Employment Type: Permanent
Career Level: Experienced Hire/Professional
Pay Type: Salaried
Required Travel (%): 0-25
Exempt/Non-Exempt: N/A
People Manager: No
Application Deadline: 2017-07-13
Req ID: 139250
Posting Notes: [[mfield1]]