Credit Origination Analyst, Client Due Diligence
About the role
The Credit Origination Analyst, Client Due Diligence, facilitates the loan origination and client on-boarding process for securities-based loans. Responsibilities include reviewing underwriting documents, performing client due diligence, and fulfilling credit requests.
Responsibilities
- Review and analyze underwriting documents for security-based loan requests within company guidelines.
- Complete preliminary due diligence for all necessary documents for loan origination, including application, loan agreement, pledged accounts 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
- Onboard new and existing clients by performing necessary due diligence to ensure they meet KYC and AML requirements, including OGAC/World Check and PEP screening.
- Produce risk-based analysis prior to onboarding for the US Domestic Credit Department, ensuring the integrity of client information such as KYC and Source of Wealth aligns 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 on 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, Banks Secrecy Act, and USA Patriot Act to ensure compliance and update internal policies and procedures.
Requirements
- Must-have: 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.
Qualifications
- Bachelor’s degree or combination of education and related experience.
Skills
- Account Management
- Coaching Others
- Insurance Operations
- Insurance Products
- Loss Assessment
- Performance Management (PM)
- Pricing Strategies
- Producer Management
- Product Knowledge
- Reinsurance
Benefits
Comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
Leadership 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.
A world-class training program in financial services.
Flexible work/life balance options.
Pay
Salaried
Schedule
Full time
Additional Job Details
- Address: 8081 ARCO CORPORATE DRIVE, RALEIGH, United States of America
- Work hours/week: 40
- Employment Type: Full time
- Platform: WEALTH MANAGEMENT
- Job Type: Regular
Note
Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
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.
TechPJ
Job Skills: Account Management, Coaching Others, Insurance Operations, Insurance Products, Loss Assessment, Performance Management (PM), Pricing Strategies, Producer Management, Product Knowledge, Reinsurance
Additional Job Details
- Address: 8081 ARCO CORPORATE DRIVE, RALEIGH, United States of America
- Work hours/week: 40
- Employment Type: Full time
- Platform: WEALTH MANAGEMENT
- Job Type: Regular
Note
Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
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