Job Summary

Job Description

What is the opportunity?

Join BlueBay’s US Fixed Income capabilities as a Loan Closer/Senior Loan Closer. As part of an integrated global fixed income team, our US Fixed Income presence enables us to access the breadth of investment opportunities available in US fixed income markets to deliver domestic as well as global portfolio solutions to clients.

What will you do?

Ensuring loan trades are accurately captured in ClearPar and Wall Street Office.Review and sign loan trade documentation and ensuring that loan trades are closed in a timely manner.Engaging External legal counsel, KYC and Tax teams where necessary to fulfil requirements for trade closures.Actively resolving any position issues raised by the desk or Finance and investigating as necessary to identify the root cause.Monitor Corporate Actions for any events on loan positions held and action consent process accordingly.Understanding of the Loan Servicing role and be able to process servicing activity such as rollovers, paydowns, drawdowns, fees where required.Contributing towards weekly updates for senior management.Engaging internal teams to ensure trade flow connectivity is maintained for STP and that new initiatives are agreed, tested, and implemented.Identifying new control points and demonstrate awareness of potential operational risk.

What do you need to succeed?

Must-have

Understand LMA and LSTA trade rules5-10 years’ of asset management and syndicated loan expertise.Clearpar/Markit experienceUnderstanding of the lifecycle of a CLO and the processes during each phase of the lifecycle.Ability to independently liaise with the desk and other internal teams to complete BAU.Corporate Actions knowledge with the understanding of restructures and waivers and how this effects settled and unsettled positions

Nice-to-have

Knowledge and understanding of the WSO systemDistressed Trading exposure

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 applicableLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamFlexible work/life balance optionsOpportunities to do challenging workOpportunities to take on progressively greater accountabilities  Access to a variety of job opportunities across business

The good-faith expected salary range for the above position is $80,000 - $135,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs.  This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life, and disability insurance; and paid time-off plan.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging, and retaining talent that:

·       Drives RBC’s high-performance culture

·       Enables collective achievement of our strategic goals

·       Generates sustainable shareholder returns and above market shareholder value

Job Skills

Active Learning, Business Analytics, Business Appraisals, Business Process Design, Decision Making, Effectiveness Measurement, Multi-Level Communication, Operational Delivery, Time Management

Additional Job Details

Address:

750 WASHINGTON BOULEVARD:STAMFORD

City:

Stamford

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-11-15

Application Deadline:

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 embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.