What will you do?

Credit Origination Support - 50%

• Review, analyze, underwriting documents for securities-based loan requests within company guidelines.
• Complete preliminary due diligence for all necessary documents for loan origination.
  • Application, loan agreement, pledged account agreement and financial statements.
• Prepare supporting information for credit decisions.
• Communicate with business partners and clients as needed to obtain necessary information and documentation for the loan request.

New Account Client Due Diligence Onboarding Review - 50%

• Perform the necessary due diligence to ensure potential new and existing clients meet all the current KYC (Know Your Client) and AML (Anti Money Laundering) requirements, including OFAC/World Check and PEP (Politically Exposed Person) Screening, and produce risk based analysis prior to onboarding for the US Domestic Credit Department, ensuring 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.
• Review and analyze the risk rating methodology for new/existing clients, assimilate findings and escalate necessary items to management or compliance as needed for further actions.
• Comply and provide guidance as to compliance with controls and procedures of Client Due Diligence policy covering all aspects of account opening and maintenance processes.
• Maintain a working knowledge of AML and OFAC regulations, Bank Secrecy Act, and USA Patriot Act in order to ensure compliance and update internal policies and procedures, 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.

What do you need to succeed?

Must haves:

• 4 year advanced degree from accredited university in Finance, Accounting, Business or equivalent and related experience
• 3+ years of credit underwriting experience or 3+ years of financial services experience, with direct experience in AML/KYC/Due Diligence or equivalent discipline.
• Working knowledge of BSA and AML regulations, client due diligence regulatory requirements and affiliated compliance regulations.
• Experience in a fast paced high volume environment with a Strong Client Service Mindset
• 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. Proven excellence in client service including timely and effective problem resolution
• Demonstrated collaboration skills, working in partnerships to create effective outcomes, with ability to meet all work deadlines
• Well organized, detail oriented, and extremely accurate
• Results Oriented by executing goals within timelines & acceptable risk levels
• Strong interpersonal, verbal and written communication skills

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.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Flexible work/life balance options.
• Opportunities to do challenging work.
• Opportunities to take on progressively greater accountabilities.
• Access to a variety of job opportunities across business.

Job Skills

Additional Job Details