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    Lead Trade Operations Administrator - Toronto, Canada - Royal Bank of Canada>

    Royal Bank of Canada>
    Royal Bank of Canada> Toronto, Canada

    3 weeks ago

    Royal Bank of Canada background
    Description

    Job Summary

    Job Description

    What is the opportunity?​

    As a Lead Trade Operations Administrator, you will support trade loans/Loan Servicing to perform liability functions, end to end processing of trade loans in Trade 360 and ACBS platform.

    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
    • Ensure Chase, Nostro, Internal Accounts and Adjustment Suspense is actioned daily and there are no aged items without documented explanation
    • Ensure that all transactions processed comply with KYC and AML guidelines, Antiboycott compliance, OFAC, FinCEN, USA Patriot Act and other sanctions imposed from time to time by various government /regulatory agencies
    • Provide post transactional service to clients
    • Acts as processing officer for all two touch transactions in Trade 360
    • Act as a backup to other Administrators

    What do you need to succeed?

    Must-have:

    • Undergraduate degree or equivalent experience
    • 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
    • Trade knowledge
    • Strong time management and organizational skills
    • Excellent written and oral communication skills
    • Excellent attention to detail, judgement, flexibility and dependability
    • Available to work in a hybrid work arrangement - currently requires 3 days in office

    Nice to have:

    • 1-2 yrs. work experience in banking
    • 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.

    • Ability to make a difference and lasting impact
    • Work in a dynamic, collaborative, progressive, and high-performing team
    • Opportunities to do challenging work

    Job Skills

    Active Learning, Communication, Detail-Oriented, Group Problem Solving, Independent Problem Solving, Microsoft Excel, Microsoft Word, Multitasking, Teamwork, Trade Operations, Working Independently

    Additional Job Details

    Address:

    16 YORK ST:TORONTO

    City:

    TORONTO

    Country:

    Canada

    Work hours/week:

    37.5

    Employment Type:

    Full time

    Platform:

    Personal and Commercial Banking

    Job Type:

    Regular

    Pay Type:

    Salaried

    Posted Date:

    Application Deadline:

    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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