London, United Kingdom
1 day ago
Operations Associate - Loans Servicing

Job Summary

Job Description

What is the opportunity?

An opportunity to join the Loans Servicing team supporting our global loan and CLO investment teams, processing loan facilities from settlement, through the entire lifecycle of the loan. Working within a dynamic team that pride themselves on being accurate and efficient but also with capacity and capability to affect process improvements from route causes analysis through to successful implementation of solutions.

You will work closely with the Loans Closing team, the Investment desk as well as Agents, Custodians and Internal teams.

What will you do?

Capture and process lifecycle events such as rollovers, paydowns, drawdowns and interest in a timely and accurate manner.Process loan trade settlement activity accurately and in a timely manner.Investigate and resolve discrepancies between agent notices and our internal records.Proactively investigate and resolve any reconciliation breaks against custody and agents cash postings.Operate within the existing operational risk framework whilst identifying any new controls or enhancements.Engaging internal teams to ensure trade flow connectivity is maintained for STP and that new initiatives are agreed, tested and implemented. Review tax requirements for individual funds.

What do you need to succeed?

Must-have

Loans servicing experienceExperience in a trade processing team with knowledge of lifecycle events.Ability to multi-task and prioritise according to intra-day deadlines.Attention to detail, coupled with ability to speak up or resolve discrepancies.Demonstrate a drive for continuous improvement.Establish and maintain good relationships and work effectively and cooperatively with others. Communicates constructively, engages others positively and readily shares information and ideas.Ability to adhere to deadlines.


Nice-to-have

WSO/Markit experienceKnowledge of the lifecycle of a CLO and the different processes to each phase.

What is 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, flexible benefits and competitive compensationLeaders who support your development through coaching and managing opportunitiesOpportunities to work with the best in the fieldAbility to make a difference and lasting impact Work in a dynamic, collaborative, progressive, and high-performing teamA world-class training program in financial services

Job Skills

Communication, Group Problem Solving, Interpersonal Relationships, Loan Servicing, Personal Initiative, Process Improvement Projects, Reconciliations, Trade Processing

Additional Job Details

Address:

100 BISHOPSGATE:LONDON

City:

London

Country:

United Kingdom

Work hours/week:

35

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-02-18

Application Deadline:

2025-02-28

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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