Deal Manager - Toronto, Canada - 0000050007 Royal Bank of Canada

Description

Job Description

Primary Responsibilities:

Assist Leverage Finance, Syndications, Corporate Banking with negotiation and closing of credit agreements, refinancing documentation, amendments & supplemental' s which includes liaising with external legal counsel, Lenders, Borrowers and Senior Management. Ensure that required funding for closings are requested and released in accordance with established procedures.

Review various types of credit documentation to ensure the Agency function is adequately and correctly incorporated and negotiate required changes in conjunction with Lenders' counsel and Corporate/Commercial banking.

Where required or requested, charge/discharge/release/postpone security, execute or terminate deposit control account agreements and other security documentation, as advised by Lenders counsel and in tandem with discussions with Corporate/Commercial bankers 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's documentation and security group to be held in custody on behalf of the Lenders – and assist in follow-up of missing items, where required.

Negotiate and ensure adequate Agency Services fees are charged and collected.

Act as principal contact for Lenders and Borrowers with regard to all technical and operational aspects of the Agency function.

Responsible for the management, control and administration of assigned Agented mandates, which include but are not exclusive to reviewing the Credit Agreement to ensure the appropriate files are established, the necessary records are diarized, operating procedures are implemented and maintained and that all Agency records and files are maintained in an orderly manner consistent with the Bank's practices and appropriate procedures are established to correct deficiencies found during audit reviews.

Provide direction and guidance to Agency staff as required and assist Senior Management in dealing with day-to-day operational issues and situations requiring immediate decisions, analysis or review. Ensure that procedures are in place to manage/monitor special handling accounts (special loans, draw advisory, cash dominion).

Manage a team of one Asst. Manager and three Administrators.

Provide back-up for other Deal Managers during peak periods and absences.

Identify gaps in Agency 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.

Provide focus and clarity in establishing individual goals, driving performance management, supporting career development and rewarding strong performance.

Details regarding the types of experience required:

Typically has 3-5 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 Excel, Word and ACBS (Advanced Commercial Banking System)

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

Additional capabilities and skills:

Credit experience would be an asset

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:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Capital Markets

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

I nclusion 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.
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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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