Job Summary Job Description The Equipment Finance Associate plays a key national middle office role in mitigating credit, client, reputational and operational risks related to simple and complex leasing processes, supporting RBC Leasing products and services to business clients and partners. The Equipment Finance Associate is a key relationship partner for the client responsible to enhance the client experience through the effective management of leasing administration and fulfillment for leasing transactions. The Equipment Finance Associates support revenue growth, operational effectiveness and risk mitigation balance through efficient and effective end to end preparation and co-ordination of lease documentation from approval through to funding. Timely and accurate update of required information for all assigned leasing transaction details e.g. supplier, banking and equipment details, last activity using multiple systems and technology applications. Production of accurate and timely of all contract documentation (100%) and submission to the client for execution in line with the transaction approval, policy, procedures and PPSA laws Timely follow up and collection of documentation and information with key contract contacts e.g. client, suppliers, insurance brokers by phone and/or email required to complete the transaction Responsible for the reconciliation of all invoices and proof of payments ensuring alignment to the contract approval and policy and procedures. This involves collecting payment receipts and matching invoices to the transaction online approval. This involves accounting for every proof of payment to mitigate credit risk. Responsible for the timely follow and resolution of any deficiencies/out of orders with the client, internal/external partners Complete all security registration in line with the transaction approval, policy and procedures and Personal Property Security Act and data input into the technology application. This can include search of registry service, obtaining waivers to mitigate risk to the bank. Complexities arise due to varying provincial regulations. Uses internal / external resources to investigate evaluate and resolve issues that will impede funding in line with policy/process/procedural guidelines in order to satisfy the client needs/client escalation Proactively assists other team members during peak period, sundry absences and vacations ensuring that established client commitments, quality and service levels are maintained Provides after sales support by liaising with internal partners (including Business Development Officer (BDO)), vendors, customers, other financial institutions and other internal partners to clarify transactions. Activities related to this responsibility include: follow-up on missing information required to start and complete transactions; collect information to execute documentation using strong knowledge of leasing products, processes, procedures and provincial tax regulations and Personal Property Security Act (PPSA); Upon review of the transaction approvals on the system, identify and the proactively make recommendations to internal partners regarding leasing options and products to ensure enhanced customer experience, mitigate any credit and operational risk in order to expedite the transaction to close. Credit Compliance Responsible for the timely follow up of all Lease Documentation Reporting expiry and out of order reporting with clients and internal/external partners and any updates to relative technology applications in line with established policies and procedures 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 of flexible benefits, unlimited commission pay, and pension options World-class training programs and career development opportunities The advantage of working with a dynamic, collaborative, and high performing team where initiative and hard work are recognized and rewarded A flexible work schedule based on client preferences and your own work/life balance Innovative mobile technology to ensure your success Job Skills Adaptability, Business Development, Client Centricity, Communication, Critical Thinking, Curiosity, Financial Acumen, Practice Management Additional Job Details Address: 5575 NORTH SERVICE RD:BURLINGTON City: BURLINGTON Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: PERSONAL & COMMERCIAL BANKING Job Type: Regular Pay Type: Salaried Posted Date: 2025-06-02 Application Deadline: 2025-06-13 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. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. 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. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.? We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.
