Internship Opportunity

OPEN INTERNSHIPS

Loan Servicing Analyst

Organization:
RBC
Industry:
Finance
Number of Positions:
3
Application Deadline:
Feb 07, 2025
Start Date:
Feb 10, 2025
End Date:
Aug 08, 2025
Division:
Location:
Toronto,ON

Job Description:

Loan Servicing Analyst

 

As a Global Loan Administrator, you will work within RBC Capital Markets to perform liability functions, set-up new facilities, maintain existing facilities, as well as collect fees and interest for a designated group of industry based borrower names.

 

Please note this is a 6 months contract through the RBC Career Edge Internship Program.  Please note that you must be able to commute daily into our office.

 

What will you do?

 

Set up facility, loan and fee records in Advanced Commercial Banking System (ACBS)
Process transactions in ACBS upon requests from Borrowers for advances, rollovers, conversions or repayments
Process interest and fee transactions in ACBS as required by the Credit Agreement
Act as verification officer for all ACBS two touch transactions
Input and verify information in payment systems (RFT/BESS) as required for payments which cannot be processed through ACBS
Clear payments on Internal/Chase accounts in a timely manner
Resolve outstanding issues independently with minimum referral and conduct investigations within agreed to timeframes and ensure proper escalation protocol is used
Act as a backup to other Administrators

 

What do you need to succeed?

 

Must-have

 

Undergraduate degree
Proficiency in Excel and Word
Ability to work effectively both independently and within a team
Ability to prioritize, work under pressure and meet time sensitive deadlines
Strong organizational skills and Detail Oriented

 

Nice-to-have

 

Knowledge of ACBS
Knowledge of lending products, rate setting and payment methods

 

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.

 

Leaders who support your development through coaching and managing opportunities
Build and maintain strong business relationships with various departments within RBC Capital Markets
Work in a dynamic, collaborative, progressive, and high-performing team

 

 

Employer Question 1:

Do you require any accommodations for the interviewing and recruitment process?

Employer Question 2:

Are you legally eligible to work in Canada for the entire duration of this internship?

Employer Question 3:

No question - Applicants, please type N/A in the text box below when submitting your application.

Employer Question 4:

No question - Applicants, please type N/A in the text box below when submitting your application.