Job Description

Job Summary As part of the Group Risk Management (GRM) team, the Manager Auto Finance Credit Strategy will analyze, design and implement solutions to enable real-time decision making for the Auto Finance business. The team specializes in leveraging large data sets to generate new insights and make fact based decisions on how to profitably grow loan originations by balancing risk, pricing, operational efficiency and customer impact.

The role employs a range of leading-edge technologies and capabilities, applying machine learning and statistical techniques, to build predictive behavioral models and credit strategies.



What is the Opportunity?

As part of the Group Risk Management (GRM) team, the Manager Auto Finance Credit Strategy will analyze, design and implement solutions to enable real-time decision making for the Auto Finance business. The team specializes in leveraging large data sets to generate new insights and make fact based decisions on how to profitably grow loan originations by balancing risk, pricing, operational efficiency and customer impact.

The role employs a range of leading-edge technologies and capabilities, applying machine learning and statistical techniques, to build predictive behavioral models and credit strategies.

What will you do?

• Analyze data using empirical, statistical and machine learning techniques to identify problems and uncover actionable insights to improve financial outcomes.
• Design automated strategies to improve real-time adjudication and the quality and consistency of manual adjudication.
• Engage cross-functional stakeholders across Product, Sales, Operations and Risk Management.
• End-to-end project management, from idea conception, solution design, stakeholder buy-in to implementation and monitoring.

What do you need to succeed?

Must-have

• Bachelor/Master\xe2\x80\x99s degree in either Computer Science, Statistics, Mathematics, Behavioral Economics, Engineering, or other quantitative field of study.
• 1+ years of industry experience in data solutions and analytics.
• 1+ years of experience with programming and scripting languages such as SQL, Python, R and Java.
• Strong analytical, problem solving, communication and time management skills.
• Familiar with data extract, transform, and load processes with a variety of data types.
• Experience with GitHub functionality and code management best practices.
• Familiar with a Linux environment and shell scripting.

Nice-to-have

• Familiar with credit risk concepts.
• Proficiency with data visualization tools such as Tableau.
• Experience applying statistical concepts including but not limited to: linear and logistic models, gradient boosting/XGboost, supervised statistical learning, clustering, recommendation systems, times-series analysis, experimental design (A/B testing).
• Exposure to Apache Spark, Hadoop and Public Cloud technologies, data serialization (JSON, Parquet, etc).
• Experience with big data processing tools like Spark and Hive.

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
• Leaders who support your development through training and coaching
• Work with a dynamic, collaborative team with ability to make a difference

Job Skills Business Data Analysis, Communication, Credit Analysis, Critical Thinking, Database Queries, Data Visualization, Decision Making, Quantitative Methods, Risk Management

Additional Job Details

Address: RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City: TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: GROUP RISK MANAGEMENT

Job Type: Regular

Pay Type: Salaried

Posted Date: 2024-02-21

Application Deadline: 2024-03-09

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.

Join our Talent Community

Stay 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