Analyst, Securitization Financing​/Portfolio Management & Administration at Royal Bank of Canada

Job Description

• What is the Opportunity?
• This Analyst role is part of Securitization Financing Portfolio Management and Administration (PMA), which is a closely integrated, cross-functional specialized team that provides various critical functions to RBC’s Securitization Financing business. PMA provides transactional execution support in the US, Canada, Europe and APAC for securitization transactions either funded directly on RBC’s balance sheet or via the issuance of commercial paper by one of seven multi-seller RBC administered commercial paper conduits.
  
  PMA also provides ongoing at least monthly (some products and transactions daily) complex collateral monitoring, administration and reporting on a large and diverse portfolio of bespoke private securitization transactions and structured products across 25+ asset classes for over 120 clients
• PMA also performs daily management of all aspects of 7 individual finance companies which provide funding to clients through the US & CAD ABCP markets
• PMA is a center of excellence in supporting structured finance transactions, with roles that include nuances of operational, compliance, project management, front office origination, finance/accounting responsibilities and compiling data for internal and external constituents
• This role within PMA will perform a variety of administrative functions to ensure compliance with applicable by‑laws, transaction legal documents and internal policies and procedures
• What will you do?
• Coordinate scheduling and submission of required deliverables for the business approval process
• Serve as the primary administrative point of contact with the conduit First Loss Investor by providing all Transaction Requests and Risk approvals
• Ensure all applicable approvals (Business, Risk, KYC/AML, First Loss Investor) are received for transactions prior to execution and all corresponding documentation is saved to KME (proprietary business application)
• Set up all new transactions and maintain existing portfolio in the bank’s Client Credit Management System (CCMS)
• Develop knowledge of transactions and review administration sections of legal documents (loan agreements and fee letters) to be able to populate and maintain accurate and complete data in CCMS
• Communicate any upgrades or changes to CCMS to the applicable Securitization Financing staff
• Facilitate AML/KYC on‑boarding of new clients and coordinate periodic refresh of existing clients
• Serve as a business liaison, primary point of contact and a group expert with KYC/AML groups
• Lead ongoing effort to gather, track and monitor receipt of certain compliance items related to transactions and conduits
• Prepare and distribute various business reports (e.g. Pipelines) and reconciliations of transaction data to the appropriate parties
• Produce and maintain working procedures for all activities performed
• Work with internal and external business partners to resolve operational or other issues
• Participate in projects to implement new products, transaction types or expansion of existing products to new jurisdictions. Projects may also include enhancement to processes or systems
• Assist with internal and external audit of supported business
• Proactively identify operational risks/control deficiencies in the business
• Review and comply with Firm Policies applicable to your business activities
• Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions promptly. Failure to do so may subject you to disciplinary action, up to and including termination
• What is needed for success?
• MBA or undergraduate degree required: finance, economics, accounting or mathematics preferred but not required
• Prior experience at a financial institution preferred but not required, previous securitization experience a plus
• Some understanding of capital and credit markets
• Strong attention to detail
• Demonstrated analytical and problem‑solving skills
• Possess strong written and oral communication skills
• Ability to prioritize and effectively manage a large workload in a high‑pressure environment
• Ability to multi‑task with little supervision
• Ability to interact…