Associate Director – GRM Wholesale Credit Risk

Job title:

Associate Director – GRM Wholesale Credit Risk

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 in order to provide comprehensive credit approval recommendations. You will be engaged in a variety of transactions including energy, power and utilities, renewables and emerging alternative energy projects. 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 Description

What 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 in order to provide comprehensive credit approval recommendations. You will be engaged in a variety of transactions including energy, power and utilities, renewables and emerging alternative energy projects. 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 concerns

Review Single Name Strategies, Transaction Requests, term sheets and risk assessments within agreed timelines and/or turn-around benchmarks, highlight exceptions to applicable policies and guidelines, and suggest enhancements

Ensure an appropriate balance between Risk and Return

Develop and maintain 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 signals

Meet with clients on occasion and complete due diligence.

What do you need to succeed?

Must-Haves

Analytical and intellectually curious mindset with an ability to think outside the box

Minimum 5 years of experience working in a financial institution, preferably in lending

Good understanding of loan and trading credit products with a proven track record of building effective relationships with internal/external stakeholders

Significant experience with Excel, including as a tool for financial analysis and a good understanding of financial modelling and financial statement analysis

Ability to deal with obstacles and work to develop effective solutions/recommendations on tight timelines

Strong communication skills and ability to work with others in a collaborative manner

Nice-to-Haves:

MBA, accounting designation and/or CFA

Interest in pursuing a career in Risk Management

Industry knowledge and experience

Previous experience using online research tools such as SNL, Bloomberg, KMV, or using S&P/Moody’s/Fitch ratings

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, and competitive compensation.

Leaders who support your development through coaching and managing opportunities

Ability to make a difference and lasting impact

Flexible work/life balance options

Job Skills Accounting Finance, Asset and Liability Management (ALM), Commercial Loan Review, Confidentiality, Credit Analysis, Customer Service, Customer Success, Detail-Oriented, Financial Statement Analysis, Risk Management

Additional Job Details

Address: 888 3 ST SW:CALGARY

City: CALGARY

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: GROUP RISK MANAGEMENT

Job Type: Regular

Pay Type: Salaried

Posted Date: 2024-02-21

Application Deadline: 2024-03-09

Inclusion and Equal Opportunity Employment

At 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.

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Expected salary

Location

Calgary, AB

Job date

Fri, 23 Feb 2024 00:56:07 GMT

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