Job Description:

Job Responsibilities:

• Process transactions in ACBS upon requests from assigned Borrowers for advances, rollovers, conversions, or repayments; ensure notice and limit requirements are met, participants are notified, rates are set, and payments are made in accordance with the relevant Credit Agreement.
• Process interest and fee transactions in ACBS as required by the Credit Agreement.
• Where instructed, notify syndicate of pricing and limit changes as required by the Credit Agreement and within established time frames.
• Create and obtain EUC approval for manual spreadsheets as necessary, to record all transactions and calculations that cannot be processed in ACBS.
• Where required, arrange for the return of any shares/other possessory collateral to Lenders’ counsel and arrange for cancellation of outstanding LC’s if held as collateral.
• Maintain a series of Word templates with up-to-date standard instructions to be used as needed for notifications, letters, and fax coversheets.
• Input payments in RBC Express, RFT/RFX, RIMMS as required for payments which cannot be processed through ACBS.
• Manage and monitor accounts requiring special handling – Special Loans Accounts/Draw Advisory.
• Assist Deal Managers on assigned Term Loan B deal closings.
• Check ClearPar and settle secondary assignments, settle manual assignments, and follow up with Primary Assignment Non-funding items.
• Process CUSIP Fee and ClearPar fee payments once invoices are available.
• Assist with the daily reconciliation of the Agency internal accounts by following up for missing or excess funds.
• Process TAX withhold (withhold interest and advise lenders and tax team).
• Investigate ACBS, LCA and OMS reports daily and input comments where required.
• Advise lenders for pricing changes.
• Respond promptly to Borrower or Lender requests/inquiries.
• Act as a backup to other Analysts and provide training to new hires when required.
• Identify gaps in processes and recommend changes to minimize operational/reputational risk.

Skills and Education:

• Microsoft applications, word, Excel
• University degree, experience in financial industry or a combination
• Knowledge of lending products, rate-setting methods, and payment methods
• Proficiency in Excel, Word
• Ability to respond effectively to requests from borrowers and participants especially for accommodations which fall outside the parameters of the Credit Agreement
• Knowledge of ACBS is an asset
• 4 days onsite, 1 day remote

155 WELLINGTON ST W: TORONTO

Employer Question 1:

Do you have experience processing syndicated loan transactions (advances, rollovers, repayments) using ACBS or a similar loan servicing system?

Employer Question 2:

How would you rate your proficiency in Microsoft Excel (including formulas, pivot tables, and data reconciliation)?

Employer Question 3:

Do you have knowledge of lending products, rate-setting methods, and payment processing in a financial services environment?

Employer Question 4:

What's your date of birth? Please specify in DD/MM/YYYY