Associate Director Commercial Real Estate

Job title:

Associate Director Commercial 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 Alberta 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-have

• Client focus;
• Experience in commercial credit, financial statement and underwriting analysis;
• Strong analytical skills (understanding of financial concepts and applications);
• Strong computer skills (especially Microsoft Excel);
• Excellent written and verbal communications skills;
• Must be independent worker and team player with a positive attitude;
• 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; and
• Ongoing and consistent adoption of the Banks goals and core values.

Nice-to-have

• 3 – 6 years Commercial Real Estate Experience, commercial banking related industry verticals, and/or similar credit analysis and underwriting in commercial finance
• MBA, CFA, CPA, Business Degree in Finance, Accounting, or Real Estate

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 competitive compensation, bonuses, and flexible benefits
• Continued opportunities for career advancement
• World-class sales training, coaching, and development opportunities
• Support from a dynamic, collaborative, progressive, and high performing team, as well as world-class tools and training
• Opportunity to achieve great success and grow your career with RBC

Job Skills Adaptability, Business Development, Client Centricity, Communication, Critical Thinking, Curiosity, Financial Acumen, Practice ManagementAdditional Job DetailsAddress: 335 8 AVE SW:CALGARYCity: CALGARYCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: Personal and Commercial BankingJob Type: RegularPay Type: SalariedPosted Date: 2024-03-25Application Deadline: 2024-04-09Inclusion 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

Thu, 28 Mar 2024 07:08:34 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (un-jobs.net) you saw this job posting.