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 Associate Director, Real Estate Credit - Ottawa, ON



What is the opportunity?

As an Associate Director, Real Estate Credit, you will be required to support Directors and Senior Account Managers in the bank\xe2\x80\x99s Real Estate Markets group. You will be responsible for analyzing and underwriting new loan requests with the use of the Bank\xe2\x80\x99s Risk Assessment Framework/RAF, Financial Analysis and Credit Tools/Newton and Commercial Credit Request. The primary responsibility of the Associate Director, Real Estate Credit is to compile financial information and prepare credit submissions to the bank\xe2\x80\x99s credit group. Other responsibilities include daily administration of the Group\xe2\x80\x99s 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 Ottawa real estate term debt markets;
• Provide 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; and
• Provide portfolio management oversight with assigned portfolios.

What do you need to succeed?
Must-have

• Minimum 3 years\xe2\x80\x99 experience in commercial lending in a financial institution would be preferred. We would also consider Bachelor of Commerce graduates, financial analysts, risk managers, corporate accountants and Chartered Professional Accountants as well;
• Experience in commercial credit, financial statement and underwriting analysis;
• Strong analytical skills (understanding of financial concepts and applications);
• 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;
• Experience with emerging communications and technology (i.e., web based meetings, social media, digital banking, and mobile applications)

Nice-to-have

• 3-6 years\xe2\x80\x99 experience in commercial real estate
• MBA or CFA
• Industry / market knowledge of the commercial real estate sector

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.

• World-class sales and senior leadership training with countless development opportunities
• A comprehensive Total Rewards Program that includes high earning potential, an annual bonus program, long term incentives and flexible benefits
• A focus on work-life balance
• A unique opportunity for personal and professional growth
• Work in a dynamic, collaborative, progressive, and high-performing team

Job Summary

Address: OTTAWA, Ontario, Canada

City: CAN-ON-OTTAWA

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: Personal and Commercial Banking

Job Type: Regular

Pay Type: Salaried

Posted Date: 2023-04-06

Application Deadline: 2023-04-21

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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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