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, Personal Lending Credit Strategies and Portfolio Management



What is the opportunity?

RBC Portfolio Management and Credit Strategies (PMCS) is hiring a Director for its Personal Lending team. You will monitor and manage the credit quality of the Personal Lending portfolio to agreed-upon standards and goals. Additionally, you will drive a high level of employee engagement and performance as well as deliver superior client experience and sustainable value generation for RBC shareholders.

What will you do?

Increase shareholder value by growing a multi-billion dollar personal lending portfolio (revolving lines of credit, instalment loans and overdraft) through the design and management of effective credit scoring and strategies to acquire new accounts and manage existing accounts.

Support Personal Lending\xe2\x80\x99s business targets for balance growth and market share, while ensuring appropriate risk mitigation strategies are in place and the overall quality of the portfolio is maintained.

Manage Provision for Credit Losses (PCL) by optimizing the balance between risk, reward, operational efficiency and customer impact.

Lead a team to develop and manage credit scoring strategy, monitor portfolio performance and forecast overall performance through statistical modeling, research, innovation and leading edge tools and practices.

Spot changing risk patterns and find portfolio vulnerabilities and opportunities, quantify them and present recommendations for optimization.

Impact and influence product design, pricing, policy, process, resource investment and future technology, with the goal of transforming the way RBC does business.

Provide concise, insightful and timely analytics of key portfolio trends that optimize the risk-reward trade-off, find opportunities to grow the business and streamline credit processes.

Maintain high employee engagement levels and strengthen high performing, collaborative, client-focused culture with teammates and stakeholders.

What do you need to succeed?

Must-have

5 years+ financial services experience across disciplines including credit risk, portfolio monitoring, finance, and credit product management

Strong leadership and relationship management competencies with proven ability to lead cross-functional and project teams

Able to impact and influence partners across external organizations and internal hierarchies

Able to work strategically whilst integrating information and insights from multiple sources

Able to spot and capitalize on opportunities arising from changes in market conditions

Strong verbal and written communication skills, organizational awareness, and decision-making ability under pressure

Nice-to-have

In-depth knowledge of RBC\xe2\x80\x99s Canadian consumer credit products, policies and procedures

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, fair compensation, commissions, and stock where applicable

Leaders who help your development through coaching and managing opportunities

Ability to make a difference and lasting impact

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

Job Summary

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: 2023-03-03-08:00

Application Deadline: 2023-03-17-07:00

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.

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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