RBC

Operations Associate - Loans Servicing

New

PayCompetitive
LocationLondon/England
Employment typeFull-Time

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  • Job Description

      Req#: R-0000132587

      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 experience
      • Experience 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 experience
      • Knowledge 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 compensation
      • Leaders who support your development through coaching and managing opportunities
      • Opportunities to work with the best in the field
      • Ability to make a difference and lasting impact
      • Work in a dynamic, collaborative, progressive, and high-performing team
      • A world-class training program in financial services

      Agency Notice

      RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.

      Job Skills

      Communication, Group Problem Solving, Interpersonal Relationships, Loan Servicing, Personal Initiative, Process Improvement Projects, Reconciliations (Inactive), 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:

      2025-07-18

      Application Deadline:

      2025-08-01

      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 believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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      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.

  • About the company

      Royal Bank of Canada (RBC), is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. The Com...

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