Job Description

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you\xe2\x80\x99re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title Analyst, Institutional Client Credit Management



What is the opportunity?

You will support business units to fulfil their specific targets and objectives through the application of disciplined risk management processes.

This is a platform for you to gain an understanding of risk management and credit coverage management within RBC.

What will you do?

Risk identification

Gain working knowledge on how to analyze risk and collaborate with team members and risk partners to produce:

Risk assessment reviews (\xe2\x80\x9cRAFs\xe2\x80\x9d) which recommend the appropriate borrower risk rating (BRR)

Supporting documentation including peer group comparisons

Participation in the continuous monitoring process of counterparty and portfolio risks and building expertise in regard to:

RBC policies and guidelines

Operational risks/controls identification

Transaction support

Participate in the management of trading and non-trading credit risks (from a First line of Defense perspective) within a portfolio of internationally-based clients

Participate in discussions with business units and team members to develop transaction solutions that support business requirements and in alignment with RBC policy and risk appetite

Participate in day-to-day management of client credit issues including excesses, urgent requests and reallocations

Participate in the end-to-end on-boarding process to ensure counterparties have fulfilled all regulatory and legal requirements needed to support credit activities

Portfolio Management

Contribute to the production of portfolio statistics and management information reports in a timely and accurate manners (ad hoc and regularly scheduled) such as quarterly reporting, country exposure updates, peer reviews, stress testing)

Proactively contribute to efforts to innovate and improve efficiency

What you need to succeed?

Must-haves

University degree or equivalent relevant experience in Finance, Engineering, Science or Math desirable

Minimum 1 year financial institution / banking industry experience

Work experience in a Back Office or Middle Office considered an asset

Advanced data management skills including proficiency with MS Office

Ability to establish priorities and manage tasks with accompanying attention to detail

Ability to interpret, explain and communicate opinions and recommendations using strong verbal and written skills

Nice-to-have

Familiarity and basic understanding of trading products including FX, swaps and securities finance and non-trading products such as trade finance letters of credit and nostro limits (Training will be provided)

What\xe2\x80\x99s 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

Leaders who support your development through coaching and managing opportunities

Work in a dynamic, collaborative, progressive, and high-performing team

Opportunities to do challenging work

Flexible work/life balance options

Job Summary

Address: TORONTO, Ontario, Canada

City: CAN-ON-TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: Capital Markets

Job Type: Contract (Fixed Term)

Pay Type: Salaried

Posted Date: 2023-02-11-08:00

Application Deadline: 2023-02-27-08:00

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.

Join our Talent Community

Stay 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 rbc.com/careers.

Royal Bank of Canada