Royal Bank of Canada
Job title:
Associate Director, Real Estate
Company
Royal Bank of Canada
Job description
Job SummaryJob DescriptionWhat is the opportunity?As an Associate Director (AD), you will be required to support Directors in the Bank’s Real Estate Markets group. You will be responsible for analyzing and underwriting new loan requests with the use of the Bank’s Risk Assessment Framework, Financial Analysis and Credit Tools. The primary responsibility of the AD is to compile financial information and prepare credit submissions to the Bank’s credit group. Other responsibilities of the AD include: daily administration of the Group’s lending portfolio; performing annual credit reviews of the existing portfolio; liaise both internally and externally with various stakeholders in the credit process; and actively participate in other team initiatives (industry research reports / ad hoc portfolio strategy requests / portfolio reporting management).What will you do?Focus on financing requests in the BC real estate markets;Provide the Directors with specific deal support as it relates to bilateral and syndicated senior secured loans including: budgetary analysis, cash flow analysis, financial statements analysis, market analysis and credit writing;Provide portfolio management oversight with assigned portfolios.What do you need to succeed?Must-haveExperience in commercial credit, financial statement and underwriting analysis;Effective time management skills and ability to prioritize multiple requests to meet clients’ needs;Undergraduate degree in Business, Economics, Accounting, or Finance with strong quantitative, financial modeling, and analytical skills, as well as an ability to analyze company financial statements;Demonstrated ability to work and collaborate effectively;Strong computer skills (especially Microsoft Excel);Professional and effective oral and written communication skills;Must be an independent worker and team player with a positive attitude;Self – motivated proactive thinker with detail-oriented and creative problem solving approach;Ability to quickly develop a working knowledge of programs and systems employed by the Bank; andOngoing and consistent adoption of the Bank’s goals and core values.Nice-to-have3-6 years’ experience in Commercial Real Estate Experience, commercial banking related industry verticals, and/or similar credit analysis and underwriting in commercial financeExperience working with large, complex real estate credit exposures and syndicated transactionsMBA, CPA or CFAWhat’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 competitive compensation, bonuses, and flexible benefitsContinued opportunities for career advancementWorld-class sales training, coaching, and development opportunitiesSupport from a dynamic, collaborative, progressive, and high performing team, as well as world-class tools and trainingOpportunity to achieve great success and grow your career with RBCJob Skills Communication, Financial Statement Analysis, Negotiation, Proactive Approach, Real Estate Financial Analysis, Taking Initiative, Teamwork, Underwriting, Verbal Written Communication (Inactive)Additional Job DetailsAddress: VANCOUVER MAIN BRANCH (B), 1055 GEORGIA ST W:VANCOUVERCity: VANCOUVERCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: Personal and Commercial BankingJob Type: RegularPay Type: SalariedPosted Date: 2024-07-19Application Deadline: 2024-08-05Inclusion 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
Vancouver, BC
Job date
Sun, 21 Jul 2024 06:25:56 GMT
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