- Preparation & maintenance of the "Guarantee text" — which captures all operational aspects and facilitates the daily administration of the final issuance, ensuring it's accurately captured in our lending/operating/financial systems
- Providing advice to Corporate Bankers on terms/conditions of the guarantee at the draft stage. Proactively identify operational and reputational risk and provide suggestions to Internal Partners to mitigate such occurrences
- Liaise with borrowers, Agents, and legal counsel (both internal and external) as required in order to solve problems and provide correct operational protocol
- Respond to requests that fall outside the parameters of the credit agreement
- Make informed decisions in tight deadline situations while mitigating reputational/operational risk to RBC
- Demonstrate leadership & problem solving skills by providing support and guidance to the Trade Specialist when needed in their daily work
- Review reports and ensures prompt attention by the Trade Specialist to input comments and/or correct outstanding items within guidelines
- Identify gaps in processes and provide detailed recommendations to the Manager for consideration and assist with the implementation of process changes
- Undergraduate Degree
- Strong operational background with 3-5 years of related experience, preferably in trade operations
- Ability to prioritize, work under pressure and meet time sensitive deadlines
- Strong attention to details
- Proven ability to develop and manage strong and effective relationships with internal and external business partners
- Experience with the Loan Funding or Trade systems — e.g. Trade 360
- Trade experience
- Leadership experience/capabilities
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
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Senior Trade Operations Specialist - Toronto, Canada - Royal Bank of Canada>
![Royal Bank of Canada background](https://contents.bebee.com/companies/ca/royal-bank-of-canada/background-ruEpV.png)
Description
Job Summary
Job Description
What is the opportunity?
In this role, you are responsible for reviewing and providing advice to internal partners at various stages of credit agreements to ensure RBC's ability to deliver on commitments. You will extensively summarize and operationalize all executed credit agreements to ensure prompt and accurate establishment of client records in Trade 360. You will also provide expert processing advice, guidance and oversight to the Trade Specialists to keep them focused on business priorities and deliverables.
What will you do?
What do you need to succeed?
Must-have:
Nice to have:
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.
Job Skills
Active Learning, Adaptability, Business Process Design, Customer Service, Decision Making, Detail-Oriented, Group Problem Solving, Operational Delivery, Teamwork, Time ManagementAdditional Job Details
Address:
16 YORK ST:TORONTOCity:
TORONTOCountry:
CanadaWork hours/week:
37.5Employment Type:
Full timePlatform:
Personal and Commercial BankingJob Type:
RegularPay Type:
SalariedPosted Date:
Application Deadline:
Inclusion and Equal Opportunity Employment
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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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