Associate, Credit Management - Corporate Client Group

RBC

Oct 19, 2024

Applications are closed

Job
Full-time
Mid Level
Accounting & Tax
Banking & Finance
Toronto

Requirements

Strong credit, analytical and technical skills, ability to critically assess financial statements and other corporate and commercial client reports and draw reasoned and relevant conclusions to recommend a course of action
Professional written and verbal communication skills with the ability to work effectively within a team environment and to interact at all levels within a large organization
Ability to read and understand complex legal documents, prioritize, commit to task with excellent attention to detail, and perform well under pressure to meet time sensitive deadlines as this is frequently not a 9-to-5 environment
Strong Excel, Word and PowerPoint skills
MBA, professional designation (e.g., CFA, CPA) or a post-graduate degree with a focus in business, economics, finance, or accounting
Previous banking experience with relationship management, structuring and writing credit proposals, credit processes, policies, risk analysis
Ability to communicate and read legal documentation in French
Familiarity with the Capital Markets credit process and loan agreements
Knowledge of internal systems such as CCMS, TMS & Newton

Responsibilities

Responsible for managing credit risk associated with syndicated and bilateral loan facilities and trading derivative lines. Tasks include preparation of credit amendments, annual reviews, reviewing loan documentation, annual risk assessments, including financial modeling where required
Actively follow the business and financial performance of the borrowers in your portfolio through daily monitoring of financial and industry information, regulatory events, external rating agency movements, and other early warning signals
Identify and assess deteriorating risk situations through your credit analysis and where necessary, propose a course of action to your Team Leader & Director to ensure the safety of the bank’s funds
Ensure compliance with loan agreements by verifying performance against financial covenants, margin limits and Bank Policy.
Ensure bank systems correctly reflect key terms and conditions of credit agreements and other documentation for the assigned portfolio, with respect to data integrity
Build relationships and interact extensively with other functions within the organization such as Corporate Client Group, Risk Management, Global Loans Administration, front line Service Managers, Cash Managers, etc.

FAQs

What is the job title for this position?

The job title is Associate, Credit Management - Corporate Client Group.

Where are the potential work locations for this job?

This position is available for candidates interested in opportunities in Toronto, Calgary, or Vancouver.

What is the main responsibility of the Associate in this role?

The Associate will manage an industry-specific portfolio of Corporate Client Group (CCG) Borrowers, focusing on credit risk management and delivering banking services to large corporate relationships.

What qualifications are required for this role?

Candidates must have strong credit, analytical and technical skills, excellent written and verbal communication abilities, and a proficiency in Excel, Word, and PowerPoint.

Is previous banking experience required?

Previous banking experience is considered a nice-to-have, especially in areas such as relationship management and risk analysis.

What are the work hours for this position?

The position typically requires 37.5 hours of work per week.

What is the employment type for this job?

This is a full-time position.

When was this job posted?

The job was posted on October 17, 2024.

What is the application deadline for this position?

The application deadline is October 26, 2024.

Does RBC support diversity and inclusion in the workplace?

Yes, RBC is committed to building inclusive teams and an equitable workplace for all employees.

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Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 88,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.