Senior Trade Operations Specialist (18 Months Contract)
RBC Capital
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?
- 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
What do you need to succeed?
Must-have:
- 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
Nice to have:
- Experience with the Loan Funding or Trade systems — e.g. Trade 360
- Trade experience
- Leadership experience/capabilities?
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.
- 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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Job Skills
Active Learning, Adaptability, Business Process Design, Customer Service, Decision Making, Detail-Oriented, Group Problem Solving, Operational Delivery, Teamwork, Time ManagementAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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