Analyst, Alternate Finance Portfolio Management and Administration

Analyst, Alternate Finance Portfolio Management and Administration

Join to apply for the Analyst, Alternate Finance Portfolio Management and Administration role at RBC

This role is part of Portfolio Management and Administration team (PMA), which is a closely integrated, cross‑functional specialized team that provides various critical functions to different business lines within RBC Capital Markets and Central Funding. PMA provides transactional execution and administrative support for securitization financing transactions globally (United States, Canada, Europe, and Australia). Within Alternate Finance PMA, we also support three key business lines: CLO warehousing, term loan financing and private credit finance.

This position will provide both administrative and oversight functions for the various financing structures.

Responsibilities will include reviewing legal documents, facilitating client fundings and repayments, reconciling P&L, and ensuring RBC’s books and records accurately reflect exposures. Oversight duties involve ensuring proper internal transaction approvals are obtained, monitoring warehouse loan activity against internal limits, and confirming that proper documentation is retained.

PMA is a center of excellence in supporting structured finance transactions, and this role will also include nuances of operational, compliance, project management, communicating with operational groups across RBC to ensure proper accounting, recording and reporting of transactions, compiling data for internal and external constituents. The role also entails performing a variety of administrative functions to ensure compliance with applicable by‑laws, transaction legal documents and relevant RBC Enterprise‑wide policies and procedures.

• Facilitate AML/KYC onboarding of new clients with FO origination Team, external legal and Client.
• Working with origination and senior team members, develop knowledge of transactions and understanding of legal documents to populate all static data for new client in CCMS and Loan Fin proprietary application. Ensure all data is accurate and complete.
• Review and validate funding/wire details at closing, and in all subsequent funding requests from clients and communicate details to GLA as required.
• Review and validate interest revenue on RBC’s general ledger and distribute client invoices.
• Review administration sections of transaction legal documentation, including fee letters, to help ensure RBC can book and properly administer the transaction as described in the agreements.
• Participate in due diligence meetings, where possible.
• Ensure appropriate internal business partners are informed of new transactions (e.g. Product Control, Financial Control, Legal, Capital Measurement).
• Ensure transactions comply with RBC Policies and Procedures before closing.

• Develop a thorough understanding of the transactions (know similar or different features compared to other transactions in your portfolios), the portfolio report, portfolio characteristics and credit enhancement calculations in each transaction to help ensure accurate capture and reporting of deal performance to all business constituents.
• Help set portfolio administration standards and metrics to be monitored and develop procedures and processes to help ensure consistent and accurate reporting for both new and existing transactions.
• Develop a thorough understanding of the transactions (know similar or different features compared to other transactions to facilitate SPV reporting).
• Work with internal and external business partners to resolve operational or other issues.
• Help ensure required deal‑related documentation is retained, including transaction legal documents, borrowing and paydown notices, and client invoices.

• Coordinate and ensure proper transaction approvals are obtained for all transactions (e.g. Com Com scheduling & approval, GRM, Catena, KYC).
• Set up / input transaction and entity data properly in RBC systems (e.g. CCMS, Fenergo), and transaction details are communicated to…