Job Description

Job Summary Supports senior management in coordinating the development, implementation, and communication of complex credit risk management policies and processes. Applies extensive, in-depth knowledge, skills, and practices to perform complex assignments.What is the opportunity?As part of the Group Risk Management team (GRM), the Associate Director will be involved in supporting many functions such as effective monitoring and control on all material credit risks across RBC\xe2\x80\x99s Real Estate Lending Portfolio, and assessment of risks at a transactional level for each individual credit.You will provide coaching to business partners, focus on maintaining the risk profile, alignment with the business, operational effectiveness and efficiency in management of assigned portfolios, and enhancing the client experience.What will you do?

• Adjudicate Real Estate credit applications within your delegated lending limits influencing portfolio quality through strategic assessment of risk, attention to data quality and knowledge-sharing.
• Ensure clients and colleagues are treated with respect, a highly professional empathetic approach is used, and good working relationships are maintained
• Leads and applies consistent and effective performance management practices with risk managers in the team.
• Partner with the right people to achieve collective results. Act as a catalyst to ensure team is strategically aligned with business strategies while maintaining the Bank\xe2\x80\x99s desired risk profile
• Coaches business partners to develop strategies and leverage RBC resources to minimize overall costs
• Ensure accurate and consistent processes/controls are in place and being followed to protect shareholder interests. Ensures credit transactions are adjudicated, for the most part, within Policy Guidelines, Standards, and Procedures
• Take initiative to proactively seek, demonstrate, and facilitate consistency in credit adjudication fully utilizing other resources including other risk teams

What do you need to succeed?Must-have

• Previous credit skills with a high degree of proficiency, preferably GRM experience, but at a minimum 5 years commercial banking and real estate lending experience.
• Undergrad degree in business or risk related field Masters in Finance or Risk, MBA and in pursuit of CFA/FRM designation preferred
• Strong Risk assessment & analysis skills
• Business and Financial Insight
• Excellent communication and conflict resolution skill

Nice-to-have

• Industry knowledge (real estate)
• In-depth knowledge of RBC Risk Policies, procedures & practices, Folios, etc.
• Proficiency with Bank technology

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
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to take on progressively greater accountability

NOTE: This is an onsite role and the location will be 885 West Georgia St, Vancouver, BCJob Skills Business Data Analysis, Credit Analysis, Critical Thinking, Database Queries, Data Visualization, Decision Making, Long Term Planning, Operational Delivery, Quantitative Methods, Risk ManagementAdditional Job DetailsAddress: 885 GEORGIA ST W:VANCOUVERCity: VANCOUVERCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: GROUP RISK MANAGEMENTJob Type: RegularPay Type: SalariedPosted Date: 2024-04-05Application Deadline: 2024-04-21Inclusion 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 .

Royal Bank of Canada