Job Description

Job SummaryWhat is the opportunity?The RBC Credit Strategy team is hiring for a Senior Manager - Credit Strategy & Data Science to lead the Cards Acquisition team combining credit strategy development with credit talent management responsibilities.As Senior Manager - Credit Strategy & Data Science, you will use advanced analytics to develop credit strategies to grow RBC revenue and manage risk to ultimately optimize portfolio profitability. You will also be accountable for the development of an existing talented credit team within the groupWhat Will You Do?Use data mining, profitability modelling and business intuition to inform lending decisions for cards credit programs such as Line Management and Transaction AuthorizationsOptimize the profitability of RBCs retail credit card portfolio by analyzing, designing, and recommending credit strategiesEngage senior management and Group Risk Management partners to refine and execute said strategies * Support the implementation and ongoing integrity of credit strategies within appropriate systems (e.g. Pathfinder, TRIAD)

• Build financial models to simulate financial outcomes of strategy decisions, measure true outcomes against expectations and drive continuous improvement from findings
• Generate learnings to enhance credit strategies using Design of Experiments (DOE), Foundational Testing, Challenger/Champion and other testing methodologies
• Support the attraction, development and establishment of a highly talented analytical credit team
• Design and implement management systems to foster and develop a best-in-class credit analyst team
• Test new methodologies and tools to enhance models and strategies, and drive innovation within credit strategy frameworks and infrastructure

What do you need to succeed?Must-have

• 3+ years of progressive analytics experience, preferably performing advanced risk analytics and strategy design for lending products
• Expert problem solving skills including understanding of credit risk fundamentals and financial modelling
• Proficient in SQL, Excel, SAS, Word, and PowerPoint
• Experience with modern analytical tools and technology stacks; Python, GitHub, AWS, HDFS, etc.
• Experience with Data Visualization tools such as Python (Matplotlib, Plotly, Seaborn) and Tableau
• Ability to develop effective and collaborative relationships (e.g. with stakeholders, credit bureaus, and remote teams)
• Ability to design and deliver compelling presentations to senior management and other stakeholders
• Proven experience in delivering high quality and accurate work with the ability to multitask and shift priorities University degree in a quantitative field of study (e.g. statistics, engineering, economics, finance, computer science) - to demonstrate ability for critical thinking, data analytics and financial modeling

Nice-to-have

• People leadership experience leading a team of high performing analysts
• Experience with adaptive control software (e.g. TRIAD, Probe) and credit scoring technologies
• Equally effective and conversant in business and technical environments
• 3+ years of direct role-related experience

Whats 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 Skills Business Data Analysis, Communication, Credit Analysis, Critical Thinking, Database Queries, Data Visualization, Decision Making, Quantitative Methods, Risk ManagementAdditional Job DetailsAddress: RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: GROUP RISK MANAGEMENTJob Type: RegularPay Type: SalariedPosted Date: 2024-08-29Application Deadline:Inclusion and Equal Opportunity EmploymentAt 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 CommunityStay 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