Royal Bank of Canada
Job title:
Senior Manager, Small Business Credit Strategy
Company
Royal Bank of Canada
Job description
Job SummaryJob DescriptionWhat is the opportunity?As a Senior Manager, Small Business Credit Strategy, you are primarily responsible for developing credit strategies using advanced analytics for Small Business products as well as improving profitability by recommending solutions that balance risk, reward, operational efficiency, and customer impact. You will support the business targets for growth, while ensuring appropriate risk mitigation strategies are in place and the overall quality of the portfolio is maintainedWhat will you do?
- Design credit strategies covering Small Business products, including targeting criteria, adjudication and exposure management, ensuring adequacy of risk and return as well as regulatory and internal compliance through comprehensive data analysis and predictive financial and credit modeling.
- Lead end-to-end stakeholders meetings with senior management in Group Risk Management, Product teams, and Collections to understand and propose new strategies designed to help achieve business targets as well as obtain approval of credit strategies with concise rationale supported by comprehensive analysis and documentation.
- Identify and recommend opportunities, and drive initiatives that will enhance strategy and portfolio performance or improve existing processes.
- Develop and manage performance monitoring and reporting for relevant strategies and customer segments, in order to enable actionable insight for key stakeholders, including Group Risk Management.
- Support new strategy development with advanced analytics and data science.
- Cross-functional stakeholder management of business, marketing, implementation and other GRM teams
What do you need to succeed?
Must-have
- 5+ years of experience performing advanced analytics or data science, ideally for credit lending products or Small Business portfolio.
- Proficient technical knowledge of data querying tools such as SAS, SQL, Python, etc.
- Strong interpersonal, communication and presentation skills, with the ability to create and articulate a compelling business case to senior management and other stakeholders
- Strong analytical and problem solving skills
- Demonstrated track record of thought leadership
- MBA and/or Undergraduate degree in Economics, Business, Statistics or other quantitative field of study.
Nice-to-have:
- Experience in financial services industry with broad understanding of risk management, credit strategy, and analytics
- Knowledge of Business banking products
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 bonuses and flexible benefits, competitive compensation and commissions
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
- Opportunities in building close relationships with clients
Job Skills Client Counseling, Critical Thinking, Derivatives, Economic Analysis, Financial Instruments, Investment Banking Analysis, Investment Risk Management, Market Risk, Quantitative MethodsAdditional Job DetailsAddress: RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: GROUP RISK MANAGEMENTJob Type: RegularPay Type: SalariedPosted Date: 2024-11-22Application Deadline: 2024-12-08Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion 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
Sun, 24 Nov 2024 04:20:09 GMT
To help us track our recruitment effort, please indicate in your email/cover letter where (un-jobs.net) you saw this job posting.