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 Director, GRM Credit



What is the Opportunity?

As part of the Group Risk Management team, the Director, GRM Credit Risk will evaluate commercial loan requests by reviewing applicants\' credit histories and analyzing financial statements in order to approve or deny loan applications.

The ideal candidate will manage activities through senior managers and managers and implements corporate and divisional strategic plans and budgets.

What will you do?

• Reviews the credit history, profitability and liquidity of clients to assess the risk level involved in credit extension or money lending.
• Consults with customers to verify financial and credit transactions; responds to customer inquiries and resolves customer complaints.
• Communicates with credit associations and other relevant authorities about the credit history of customers.
• Analyzes financial data to determine customers\' financial status and the expected profitability of commercial loans; recommends approval or denial of loan applications.

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\xe2\x80\x99s/Fitch ratings

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, 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 Summary Evaluates commercial loan requests by reviewing applicants\' credit histories and analyzing financial statements in order to approve or deny loan applications. Manages activities through senior managers and managers and implements corporate and divisional strategic plans and budgets.

Address: TORONTO, Ontario, Canada

City: CAN-ON-TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: Group Risk Management

Job Type: Regular

Pay Type: Salaried

Posted Date: 2023-03-28

Application Deadline: 2023-04-08

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