What are the responsibilities and job description for the Analyst, Alternate Finance Portfolio Management and Administration position at Royal Bank of Canada>?

Job Summary

What is the opportunity?

This role is part of Portfolio Management and Administration team (PMA), which is a closely integrated, cross-functional specialized team that provides various critical functions to different business lines within RBC Capital Markets and Central Funding.

PMA provides transactional execution and administrative support for Securitization Financing transactions globally (Unites States, Canada, Europe, and Australia which are either funded directly on RBC’s balance sheet or via the issuance of commercial paper by one of seven multi-seller RBC administered commercial paper conduits.

Within Alternate Finance PMA also supports three key business lines : (1) CLO Warehousing, (2) Term Loan Financing and (3) Private Credit Finance. This position will provide both administrative and oversight functions for the various financing structures. Responsibilities will include reviewing legal documents, facilitating client fundings and repayments, reconciling P&L and ensuring RBC’s books and records accurately reflect exposures. Oversight duties also involve ensuring proper internal transaction approvals are obtained, monitoring warehouse loan activity against internal limits and confirming that proper documentation is retained.

PMA is a center of excellence in supporting structured finance transactions, and this role will also include nuances of operational, compliance, project management, communicating with operational groups across RBC to ensure proper accounting, recording and reporting of transactions, compiling data for internal and external constituents. The roles also entail and performing a variety of administrative functions to ensure compliance with applicable by-laws, transaction legal documents and relevant RBC Enterprise Wide policies and procedures.

Job Description

What will you do?

As a Junior Transaction Execution Team Member :

Facilitate AML / KYC on-boarding of new clients with FO origination Team, external legal and Client.
Working with origination and senior team members, develop knowledge of transactions and understanding of legal documents to be able to populate all static data for new client in CCMS and LoanFin proprietary application. Make sure all data is accurate and complete.
Review and validate funding / wire details at closing, and in all subsequent funding request from clients and communicate details to GLA as required.
Review and validate interest revenue on RBC’s general ledger and distribute client invoices.
Review administration sections of transaction legal documentation, including fee letters, to help ensure RBC can book and properly administer the transaction as described in the agreements.
Participate in due diligence meetings, where possible.
Ensure appropriate internal business partners are informed of new transactions (i.e. Product Control, Financial Control, / Legal,Capital Measurement)
Ensure transactions comply with RBC Policies and Procedures before closing.

As a Junior Portfolio Manager for designated products :

Develop a thorough understanding of the transactions (know similar or different features compared to other transactions in your portfolios), the portfolio report, portfolio characteristics and credit enhancement calculations in each transaction to help ensure accurate capture and reporting of deal performance to all business constituents.

Help set portfolio administration standards and metrics to be monitored and develop procedures and processes to help ensure consistent and accurate reporting for both new and existing transactions.

Develop a thorough understanding of the transactions (know similar or different features compared to other transactions to facilitate SPV reporting (i.e. Volker Repository, SPE Sponsorship checklist and Defacto Control Macro Template).

Where applicable, work with internal and external business partners to resolve operational or other issues.

Help ensure required deal related documentation is retained, including transaction legal documents, borrowing and paydown notices, and client invoices.

As Transaction Support Administrator :

Responsible to coordinate and ensure proper transaction approvals are obtained for all transactions (i.e. ComCom scheduling & approval, GRM, Catena, KYC).

Set-up / input transaction and entity data properly in RBC systems (i.e. CCMS, Fenergo), and transaction details are communicated to operational support teams.

Maintain the Facility Authorized Amount in CCMS, based off of equity in the structure and pending underlying collateral trades as the regulatory capital is keyed off this amount.

Business liaison, primary point of contact and group expert with KYC / AML groups.

From the business side, run the KYC annual refresh exercises; communicate all requirements to Origination and Client to assist with gathering required information.

Compile various transaction status lists (ex. quarterly forward-looking compliance items) for internal and external constituents.

Additional Responsibilities :

Participate in projects to implement new products, transaction types or expansion of existing products to new jurisdictions. Projects may also include enhancement to processes or systems.

Assist for related portfolios with internal and external audit of supported businesses.

Proactively identify operational risks / control deficiencies in the business.

Review and comply with RBC Policies applicable to your business activities.

Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions promptly. Failure to do so may subject you to disciplinary action, up to and including termination.

What you need to succeed?

0 – 2 years of relevant securitization experience highly preferred. Candidates with less than one year of full-time work experience should have relevant internship experience.

BS in finance, accounting, or related subject.

Possess strong written and oral communication skills.

Ability to prioritize and effectively manage a large workload in a high-pressure environment.

Ability to multi-task with little supervision.

Ability to inter-act effectively and establish good working relationships with both RBC staff and external constituents.

Ability to manipulate large data sets.

High proficiency in Microsoft Word, PowerPoint & Excel.

Demonstrated analytical and problem-solving skills.

What’s in it for you?

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that :

Drives RBC’s high-performance culture

Enables collective achievement of our strategic goals

Generates sustainable shareholder returns and above market shareholder value

Job Skills

Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork

Additional Job Details

Address :

2751 CENTERVILLE ROAD : WILMINGTON

City : Wilmington

Country :

United States of America

Work hours / week : Employment Type :

Full time

Platform : CAPITAL MARKETS

Job Type : Regular

Pay Type : Salaried

Posted Date : 2025-02-19

Application Deadline :

2025-03-24

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

I nclusion 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.

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.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com .

Apply for this job

Receive alerts for other Analyst, Alternate Finance Portfolio Management and Administration job openings

Analyst, Alternate Finance Portfolio Management and Administration

What are the responsibilities and job description for the Analyst, Alternate Finance Portfolio Management and Administration position at Royal Bank of Canada>?

What is the career path for a Analyst, Alternate Finance Portfolio Management and Administration?

Job openings at Royal Bank of Canada>

Not the job you're looking for? Here are some other Analyst, Alternate Finance Portfolio Management and Administration jobs in the Wilmington, DE area that may be a better fit.

We don't have any other Analyst, Alternate Finance Portfolio Management and Administration jobs in the Wilmington, DE area right now.

AI Assistant is available now!