Associate, Credit Management – Corporate Client Group

Job title:

Associate, Credit Management – Corporate Client Group

Company

Royal Bank of Canada

Job description

Job SummaryJob DescriptionWhat is the opportunity?Do you thrive in working in an interactive team environment? Are you a quick learner? Do you have strong written and verbal communication skills? As an Associate, you will manage an industry-specific portfolio of Corporate Client Group (CCG) Borrowers. This is a middle office function that works closely with CCG and other partners within the bank to deliver a full range of credit and banking services to multinational and other large corporate relationships.What will you do?Responsible for managing credit risk associated with syndicated and bilateral loan facilities and trading derivative lines. Tasks include preparation of credit amendments, annual reviews, reviewing loan documentation, annual risk assessments, including financial modeling where requiredActively follow the business and financial performance of the borrowers in your portfolio through daily monitoring of financial and industry information, regulatory events, external rating agency movements, and other early warning signalsIdentify and assess deteriorating risk situations through your credit analysis and where necessary, propose a course of action to your Team Leader & Director to ensure the safety of the bank’s fundsEnsure compliance with loan agreements by verifying performance against financial covenants, margin limits and Bank Policy.Ensure bank systems correctly reflect key terms and conditions of credit agreements and other documentation for the assigned portfolio, with respect to data integrityBuild relationships and interact extensively with other functions within the organization such as Corporate Client Group, Risk Management, Global Loans Administration, front line Service Managers, Cash Managers, etc.What do you need to succeed?Must-have:Strong credit, analytical and technical skills, ability to critically assess financial statements and other corporate and commercial client reports and draw reasoned and relevant conclusions to recommend a course of actionProfessional written and verbal communication skills with the ability to work effectively within a team environment and to interact at all levels within a large organizationAbility to read and understand complex legal documents, prioritize, commit to task with excellent attention to detail, and perform well under pressure to meet time sensitive deadlines as this is frequently not a 9-to-5 environmentStrong Excel, Word and PowerPoint skillsNice-to-have:MBA, professional designation (e.g., CFA, CPA) or a post-graduate degree with a focus in business, economics, finance, or accountingPrevious banking experience with relationship management, structuring and writing credit proposals, credit processes, policies, risk analysisAbility to communicate and read legal documentation in FrenchFamiliarity with the Capital Markets credit process and loan agreementsKnowledge of internal systems such as CCMS, TMS & NewtonWhat’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.Ability to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging work#LI-DE1Job Skills Credit Management, Financial Statement AnalysisAdditional Job DetailsAddress: 335 8 AVE SW:CALGARYCity: CALGARYCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: PERSONAL & COMMERCIAL BANKINGJob Type: RegularPay Type: SalariedPosted Date: 2024-08-26Application Deadline: 2024-09-15Inclusion 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

Calgary, AB

Job date

Wed, 28 Aug 2024 05:45:27 GMT

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