Royal Bank of Canada
Job title:
Associate Director, GRM Wholesale Credit
Company
Royal Bank of Canada
Job description
Job Summary Group Risk Management – Wholesale Credit focuses on risk assessment and adjudication of challenging Capital Markets and Corporate Client Group transactions across the globe. Your intellectual curiosity and drive to understand complex corporate credits will help you deliver effective analysis of business and financial risk to provide comprehensive credit approval recommendations. As Associate Director, your highly developed experience with financial analysis and credit and ability to quickly determine what’s relevant and what’s not will set the stage for success.Job DescriptionWhat is the opportunity?Group Risk Management – Wholesale Credit focuses on risk assessment and adjudication of challenging Capital Markets and Corporate Client Group transactions across the globe. Your intellectual curiosity and drive to understand complex corporate credits will help you deliver effective analysis of business and financial risk to provide comprehensive credit approval recommendations. As Associate Director, your highly developed experience with financial analysis and credit and ability to quickly determine what’s relevant and what’s not will set the stage for success.What will you do?Work closely with the business at early stages on the risk aspects of any new transaction under consideration and provide direction and guidance as required to ensure the eventual deal structure adequately mitigates key risk concernsReview Transaction Requests, term sheets and risk assessments within agreed timelines and/or turn-around benchmarks, highlight exceptions to applicable policies and guidelines, and suggest enhancementsEnsure an appropriate balance between Risk and ReturnReview and adjudicate financial models and assist in continuous oversight of borrower’s business and financial performance through monitoring of financial and industry information, regulatory changes, third party analysis including rating agency publications, and other early warning signalsWhat do you need to succeed?Must-HavesMinimum 5 years of experience working in a financial institution, preferably in lendingGood understanding of loan and trading credit products with a proven track record of building effective relationships with internal/external stakeholdersSignificant experience with Excel, including as a tool for financial analysis and a good understanding of financial modelling and financial statement analysisAnalytical and intellectually curious mindsetAbility to deal with obstacles and work to develop effective solutions/recommendations on tight timelinesStrong communication skills (both written and presentation) and ability to work with others in a collaborative mannerNice-to-HavesPostgraduate degree, accounting designation and/or CFAInterest in pursuing a career in credit risk managementIndustry knowledge and experienceWhat’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 and competitive compensationLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactFlexible work/life balance optionsWork in a dynamic, collaborative, progressive, and high-performing teamJob Skills Accounting Finance, Analytical Thinking, Coaching Others, Commercial Loan Review, Communication, Confidentiality, Credit Risks, Decision Making, Detail-Oriented, Financial Analysis, Risk Assessments, Risk ManagementAdditional Job DetailsAddress: ROYAL BANK PLAZA, 200 BAY ST:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: GROUP RISK MANAGEMENTJob Type: RegularPay Type: SalariedPosted Date: 2024-07-23Application Deadline: 2024-08-16Inclusion 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
Wed, 24 Jul 2024 23:31:04 GMT
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