Royal Bank of Canada

Senior Trade Finance Specialist

Royal Bank of Canada • $90K — $110K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Undergraduate Degree with 4+ years of operational experience
  • 5 years in lending/credit practices and syndication knowledge
  • Ability to prioritize and work under pressure
  • Strong relationship management skills with business partners
  • Proven understanding of loan documentation and funding mechanisms across multiple markets

Responsibilities

  • Account for operationalization and issuance of Letter of Guarantee instruments
  • Review and advise on guarantees to ensure operational feasibility
  • Identify and mitigate operational and reputational risks
  • Verify fee setups in relevant financial systems
  • Support managers and assist with process improvements
  • Review and ensure accuracy in Lending Services-Trade reports
  • Proactively recommend process changes

Benefits

  • Comprehensive Total Rewards Program including bonuses and flexible benefits
  • Leadership support for personal and professional development
  • Collaborative and high-performing team environment
  • Opportunity to make a significant impact
  • World-class training in financial services
Full Job Description
Job Description

What is the opportunity?

Deal with a specialized Trade Finance Product that is held in high esteem in the market. Learn the end-to-end functionality not limited to Operations, but extends into Compliance, Collateral, Risk, Business and Service.

What will you do?
  • Accountable and Responsible for the operationalization and execution of the Letter of Guarantee instruments issued and thereto amended in accordance with the applicable rules and standard banking practices: 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.
  • Review draft/amending guarantees to ensure that Lending Services-Trade is able to operationalize all aspects of the agreement Providing advice to Corporate Bankers on terms/conditions of the guarantee at the draft stage, as it relates: (i) presentation of a demand not at GLA counters; (ii) country laws; (Hi) currency capabilities; (iv) timing/cash flow requirements; (v) product options; (vi) validity of rates.
  • 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. Ability to respond to requests that fall outside the parameters of the credit agreement.
  • Verify fixed and accruing fee setup in Trade 360 and in ACBS: Ensure that fixed fee revenue streaming is correct based on the advised upon fee treatment (Responsibility Transit/GIB /FIC/etc).
  • Ensure that daily accruing fee revenue streaming is correct based on supporting language in Credit Agreement.
  • Provide back-up to Managers and other Assistant Managers during peak periods and absences. Able to 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 Lending Services-Trade reports (Seagate/OMS/Variance Report) and ensures prompt attention by the Trade Specialist to input comments and/or correct outstanding items within guidelines.
  • Identify gaps in Lending Services-Trade processes and provide detailed recommendations to the Manager for consideration and assist with the implementation of process changes.
  • Accountable and Responsible for the operationalization and execution of the Letter of Guarantee instruments issued and thereto amended in accordance with the applicable rules and standard banking practices: 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.
  • Review draft/amending guarantees to ensure that Lending Services-Trade is able to operationalize all aspects of the agreement Providing advice to Corporate Bankers on terms/conditions of the guarantee at the draft stage, as it relates: (i) presentation of a demand not at GLA counters; (ii) country laws; (Hi) currency capabilities; (iv) timing/cash flow requirements; (v) product options; (vi) validity of rates.
  • 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. Ability to respond to requests that fall outside the parameters of the credit agreement.
  • Verify fixed and accruing fee setup in Trade 360 and in ACBS: Ensure that fixed fee revenue streaming is correct based on the advised upon fee treatment (Responsibility Transit/GIB /FIC/etc).
  • Ensure that daily accruing fee revenue streaming is correct based on supporting language in Credit Agreement.
  • Provide back-up to Managers and other Assistant Managers during peak periods and absences. Able to 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 Lending Services-Trade reports (Seagate/OMS/Variance Report) and ensures prompt attention by the Trade Specialist to input comments and/or correct outstanding items within guidelines. Identify gaps in Lending Services-Trade 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's
  • An Undergraduate Degree with a strong operational background (4+ years) and 5 years of related experience with proven demonstration of knowledge in lending/credit practices including knowledge of syndication practices, loan documentation, lending products, funding mechanisms in Canadian, US, UK/EU, SY markets.
  • Ability to prioritize, work under pressure and meet time sensitive deadlines.
  • Proven ability to develop and manage strong and effective relationships with internal and external business partners.


Nice-to-have's
  • 7-10 yrs. in the financial industry
  • Ability to showcase leadership in a team dynamic environment
  • Demonstrate the ability to lead a cohesive team charged with effectively balancing the customer experience while managing operational and reputational risk
  • Certified Documentary Credit Specialist (CDCS)
  • ISP Masters
  • Upskill 600
  • Bilingual (English and French)


What is 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, flexible benefits and competitive compensation
  • Leaders who support your development through coaching and managing opportunities
  • Opportunities to work with the best in the field
  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • A world-class training program in financial services


Job Skills
Active Learning, Adaptability, Customer Service, Decision Making, Interpersonal Relationship Management, Operational Delivery, Process Improvements, Time Management

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-09-08

Application Deadline:

2026-09-22
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

Stay Connected

Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here at Royal Bank of Canada.

Job Alert Emails

Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities awaiting you at RBC. Explore the possibilities with Royal Bank of Canada, where your future is filled with potential and the path to success is paved with countless opportunities for professional and personal growth. Join us and shape not just your career but the future of the financial industry.
Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
Finance & Insurance
5 Year Trend
+8.7%
NASDAQ
RY
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Royal Bank of Canada

More Finance & Insurance Jobs

Find similar Senior Trade Finance Specialist jobs:

NationwideToronto, ON