Associate, Ratings & Monitoring

Job title:

Associate, Ratings & Monitoring

Company

Royal Bank of Canada

Job description

Job SummaryJob DescriptionWhat is the opportunity?As an Associate on the Ratings and Monitoring team, you will be responsible for assessing credit ratings of Capital Markets borrowers, verifying covenant compliance, monitoring company and industry developments and identifying key risk events. The role will require you to develop industry expertise and collaborate with internal stakeholders across several sectors of the Business; including Adjudication, Corporate Banking, Global Credit and other Capital Markets areas. This role also requires you to pay-it-forward, as such you are expected to coach and mentor junior risk analysts.*** Please also note that this is a Toronto based role where there is a minimum expectation of 2-3 days in the office. ***What will you do?For the assigned portfolio, you will be responsible for:

• Managing and monitoring credit risk of a portfolio of Real Estate Borrowers, which includes identifying key credit events, reviewing / refreshing credit risk ratings at a minimum on an annual basis;
• Participate in team deliverable targets with respect to regulatory / audit requests;
• Ensure borrower’s compliance of terms and conditions of credit agreement;
• Develop expertise in assigned portfolio, policies and guidelines, and provide value added advice to internal partners;
• Conduct research, analyze financial statements and develop financial projection; and
• Collaborate cross-teams and with our business partners.

What do you need to succeed?Must-Have:

• Self-motivated with a combination of strong credit and analytical skills
• Ability to critically assess financial statements and other client reports and draw reasoned conclusions
• Excellent verbal and written communication skills
• Ability to work effectively within a team environment.
• 3-5 years knowledge and experience in credit risk and/or financial analysis
• High degree of computer literacy: MS Office Suite, database software, and electronic tools for on-line research

Nice-To-Have:

• Academic background with a Master’s level accreditation: usually an MBA, CFA, CPA or other professional designation
• Experience with S&P, Capital IQ, Moody’s

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 performance-based bonuses, flexible benefits, competitive compensation packages
• Leaders who prioritize development and provide opportunities for accelerated career growth
• Work in a dynamic, collaborative, progressive, and high-performing team
• Ability to make a difference and lasting impact

Job Skills Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Taking Initiative, TeamworkAdditional Job DetailsAddress: ROYAL BANK PLAZA, 200 BAY ST:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: Capital MarketsJob Type: RegularPay Type: SalariedPosted Date: 2024-07-02Application Deadline: 2024-07-17Inclusion and Equal Opportunity EmploymentAt 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.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.Join our Talent CommunityStay 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 .

Expected salary

Location

Toronto, ON

Job date

Thu, 04 Jul 2024 04:50:55 GMT

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