Associate / Vice President, Global Credit

Toronto, ON, Canada

Job Description


Job Summary



What is the opportunity?

You will assist in the sourcing, structuring and portfolio management of risk management and credit portfolio management tools in line with the Global Credit SRT (Significant Risk Transfer) mandate and RBC strategy. You will interact with Management across RBC and RBC Capital Markets, and all strategic product areas in supporting senior professionals in developing the most appropriate risk hedging and capital optimization transactions. These efforts have significant financial implications to clients and to the overall growth of the business.

**** Please note: This role can be at an Associate or at a VP level, depending on the incumbent\'s background and skillset.****

What will you do?

  • Support execution of strategic initiatives in collaboration with internal and external stakeholders.
  • Develop and leverage relationships across businesses, senior leaders and clients to foster and support coordination.
  • Use analytical skills and apply appropriate technical concepts and complete/lead consistent and reliable technical and financial reports/analyses to support client deliverables.
  • Develop and maintain portfolio models and databases.
  • Develop high quality presentations for and support interactions with CM management, potential investors and hedging / insurance counterparties.
  • Help team with presentation of information and preparation of proposals.
  • Assist colleagues in the research and resolution of administrative/operational issues.
  • Understand complexity of transactions and related risk (credit, market, operational, legal / compliance, etc.).
  • Respond to inquiries from clients, regulatory agencies, or members of the business community in a professional manner and determines acceptable solutions.
  • Develop strong market knowledge to provide comprehensive service to clients, develop new solutions, and construct compelling recommendations.
  • Develop and maintain fluency with corporate policies, Bank Capital rules and capital relief techniques. Additional knowledge of Insurance capital rules also beneficial.
  • Read, analyze, and interpret common technical journals, financial reports, and legal documents in order to better serve client needs.
  • Consider risk, internal controls and compliance as part of day-to-day accountabilities and adhere to policies and procedures.
What you need to succeed?
  • Undergraduate / graduate degree in Finance/Accounting/Economics/Mathematics/Statistics.
  • 5 - 7 years of relevant experience at a financial institution in Capital Markets with emphasis on Investment and Corporate Banking, Trading Products, Private Credit, Structured Credit, Regulatory Capital, Funding Management or Credit Portfolio Management.
  • Excellent Database or Excel skills, solid financial modelling and data management abilities.
  • Superb attention to detail and outstanding communication skills with the ability to deliver clear, effective communication and take responsibility for understanding others.
  • Deep knowledge of US, Canadian and International corporate finance and credit markets (e.g. lending, private credit, structured credit) including investment banking, lending practices, syndication / origination process, credit documentation, lending operations and regulatory best practices.
  • Knowledge of credit and capital management issues and industry trends in various client sectors throughout the US, Canadian and International market.
  • Demonstrated knowledge in portfolio management and/or structuring roles with deal/transaction execution and project management skills.
  • Must successfully complete external regulatory exams and licensing requirements, as required.
Nice-to-have
  • CFA / FRM / CAIA.
  • Business Analysis skills and prior experience liaising with or within an IT Framework either for development or for systems.
  • SQL and / or BI tools
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 Skills Adaptability, Critical Thinking, Customer Service, Data Management, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Taking Initiative, Teamwork

Additional Job Details

Address: ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City: TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: Capital Markets

Job Type: Regular

Pay Type: Salaried

Posted Date: 2023-11-10

Application Deadline: 2023-11-25

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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Job Detail

  • Job Id
    JD2253214
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned