Job Description

Job Summary



What is the opportunity?

Our client is a specialist provider of asset services, custody, payments and treasury services. Founded in 1864, they are the 10th largest bank worldwide and the 5th in North America, as measured by market capitalization. They are among a small group of highly rated global banks and are recognized time and time again for our financial strength, market leadership and philanthropic work.

Our client has a processing centre of operational excellence supporting 10 countries across three geographical time zones employing a Global Operating Model to maximise efficiencies across times zones and supports a 24/5 operational capability. The objectives for Malaysia are to enhance the scalability of their global operations, improve service quality via their \xe2\x80\x98centres of excellence\xe2\x80\x99 and to implement/leverage standardised processes globally.

This role will be responsible to review new and amended credit agreements, whether it be for syndicated transactions where RBC is acting as Administrative Agent, where RBC is a participant in a deal where another financial institution has been mandated as Administrative Agent, or bilateral deals directly with the borrower.

You will be supporting North American business, working hours of 8:00am \xe2\x80\x93 5:00pm or 9:00am \xe2\x80\x93 6:00pm.

*Note: May require to work outside of normal business hours.

What will you do?

• Assist Leverage Finance, Syndications, Real Estate Middle Office, Corporate Client Group teams, and Corporate Banking (collectively referred to as \xe2\x80\x98our Partners\xe2\x80\x99) with negotiation and closing of credit agreements, refinancing documentation, amendments & supplementals which includes liaising with external legal counsel, lenders, borrowers, and senior management.
• Review various types of credit documentation to ensure the Administrative Agent function (where mandated) is adequately and correctly incorporated and negotiate required changes in conjunction with Lenders\xe2\x80\x99 counsel and our Partners in BFS and CM.
• Ensure that required funding for closings are requested and released in accordance with established procedures.
• Where required or requested, charge/discharge/release/postpone security, execute or terminate deposit control account agreements and other security documentation, as advised by Lenders\xe2\x80\x99 counsel and in tandem with discussions with our Partners in BFS and CM and borrowers.
• Prepare consents, extensions and waiver requests received from the borrower, manage the consent process and follow-up as appropriate to ensure (i) consents are obtained, recorded, and advised in a professional and timely manner, and (ii) documentation to reflect agreed upon requests is completed and executed by all parties in accordance with procedures established by the specific credit agreement.
• Ensure that closing books and possessory collateral pledged under credit agreements and/or amendments are delivered to RBC\xe2\x80\x99s documentation and security group to be held in custody on behalf of the Lenders \xe2\x80\x93 and assist in follow-up of missing items, where required.
• Negotiate and ensure adequate Agency Services fees when RBC has been mandated as Administrative Agent are charged and collected.
• Act as principal contact for lenders, borrowers, and our Partners in BFS and CM with respect to all technical and operational aspects of the Administrative Agent function, deals where RBC is a lender or bilaterals.
• Responsible for the management, control and administration of assigned Administrative Agent mandates, which include but are not exclusive to reviewing the credit agreement to ensure the appropriate files are established, and will work with internal colleagues in Lending Services and Operations & Governance to ensure that the necessary records are diarized, operating procedures are implemented and maintained and that all records and files are maintained in an orderly manner consistent with the Bank\xe2\x80\x99s practices while ensuring that appropriate procedures are established to correct deficiencies found during audit reviews.
• Provide direction and guidance to staff as required and assist senior management in dealing with day-to-day operational issues and situations requiring immediate decisions, analysis, or review. Will work with internal colleagues in Lending Services and Operations & Governance to ensure that procedures are in place to manage/monitor special handling accounts (special loans, draw advisory, cash dominion).
• Identify gaps in processes and recommend changes to minimize operational/reputational risk.
• Act as verification officer as necessary and where required for Advanced Commercial Banking System (ACBS) two touch transactions, credit agreements and amendments and during volume peak periods at quarter end.

What do you need to succeed?

Must-have

• Typically has 4-7 years management experience and demonstrates proven leadership and people management experience.
• Knowledge of syndication practices, loan documentation, lending products, funding, and payment mechanisms in Canadian, American, and UK/EU markets.
• Proficiency in Microsoft Excel, Word.
• Proficiency with ACBS (Advanced Commercial Banking System) is considered an asset.
• Excellent written and oral communication skills.
• Strong inter-personal skills, the ability to work effectively both independently and within a team environment.
• Strong organizational skills; detail oriented.
• Ability to prioritize, work under pressure and meet time sensitive deadlines.
• Ability to respond effectively to requests from participants for accommodations which fall outside the parameters of the Credit Agreement.

Nice-to-have

• Strong inter-personal skills, the ability to work effectively both independently and within a team environment.
• Strong organizational skills; detail oriented.
• Ability to prioritize, work under pressure and meet time sensitive deadlines.
• Ability to respond effectively to requests from participants for accommodations which fall outside the parameters of the Credit Agreement.

What\xe2\x80\x99s 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 performance based bonuses, flexible benefits, and competitive compensation.
• Leaders who support your development through coaching and managing opportunities.
• A world-class training program in financial services.
• A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded.

Job Skills Customer Service, Customer Service Management, Decision Making, Interpersonal Relationship Management, Investment Performance Measurement, Operational Delivery, Process Improvements, Risk Management, Time Management, Treasury Management

Additional Job Details

Address: PERSIARAN APEC:CYBERJAYA

City: Cyberjaya

Country: Malaysia

Work hours/week: 40

Employment Type: Full time

Platform: Capital Markets

Job Type: Regular

Pay Type: Salaried

Posted Date: 2024-01-30

Application Deadline: 2024-02-29

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.

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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