Credit Originations Analyst I

Company: RBC
Location: Raleigh
Posted on: February 16, 2020

Job Description:

What is the opportunity?

Join RBC, a top workplace! We are hiring for a Credit Origination Analyst where you will facilitate the loan origination process for securities based loans. This includes the review of new credit clients for on-boarding and underwriting and fulfilment of credit requests. We need a results oriented person who is is well organized, detail oriented, and has strong communication skills.

What will you do?

• Responsible for reviewing, analyzing, approving and underwriting securities based loan requests within company guidelines
• Reviewing personal financial statements, credit reports, US tax returns and calculating applicable ratios (i.e. Debt ratios, loan-to-value, debt service, etc.) and analyze employment profile, credit strength, RBC Relationship and all other information pertinent to the credit decision
• Maintain knowledge of RBC Lending Policy & Procedures ; Examining transactions to ensure accuracy and completeness; and Analyze portfolios to be pledged for new credits and assigns LTV's as per firm's policy
• Analyze client documents and financial statements to evaluate, and determine appropriate credit structure and terms for potential borrowers
• Reviews for due diligence, document processing, and financial statements analyses related to transactions and credit approval as applicable
• Prepares supporting information to be used for credit decision recommendations and approvals
• Perform the initial client due diligence to ensure potential new clients meet all the current KYC (Know Your Client) and review AML (Anti Money Laundering) requirements and ensure the integrity of the client information such as KYC and Source of Wealth is in line with RBC's risk-appetite and documentation is correct and in good form
• May contact clients for additional information or documents as needed for the loan request to help maintain current and complete client files
  
  What do you need to succeed?
  
  Must-have
  
• 4 year advanced degree from accredited university in Finance, Accounting, Business or equivalent and related experience
• 0 to 3 years of credit underwriting experience
• Experience in a fast paced high volume environment
• Strong client service mindset and knowledge of regulatory compliance requirements for banking and credit including KYC and AML
• PC literate (Word/Excel/Outlook/Power Point) and proven ability to learn and adapt to in-house credit and other workflow systems
  Nice-to-have
  
• Credit experience working with security based loans with proven excellence in client service including timely and effective problem resolution
  
  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.
  
• Client First: We will always earn the right to be our clients' first choice
• Collaboration: We win as One RBC
• Accountability: We take ownership for personal and collective high performance
• Diversity & Inclusion: We embrace diversity for innovation and growth
• Integrity: We hold ourselves to the highest standards to build trust
  
  WMUS2020
  
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  JOB SUMMARY
  City: Raleigh
  Address: 8081 Arco Corporate Drive
  Work Hours/Week: 40
  Work Environment: Office
  Employment Type: Regular - U.S.
  Career Level: Experienced Hire/Professional
  Pay Type: Salaried
  Required Travel (%): 0
  Exempt/Non-Exempt: Exempt
  People Manager: No
  Application Deadline: 02/23/2020
  Platform: Wealth Management
  Req ID: 220537
  Ad Code(s):

Keywords: RBC, Raleigh , Credit Originations Analyst I, Accounting, Auditing , Raleigh, North Carolina