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’re 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.
Associate, Credit Management, Corporate Client Group
What is the opportunity?
Do you thrive in working in an interactive team environment? Are you a quick learner? Do you have strong written and spoken communication skills? As an Associate, you will manage an industry-speciﬁc portfolio of Corporate Client Group (CCG) Borrowers. This is a middle oﬃce function that works closely with CCG and other partners within RBC to deliver a full range of credit and banking services to multinational and other large corporate relationships.
What will you do?
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, RAFs (Risk Assessment Framework), 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 and clients, both internal and external
What do you need to succeed?
Previous banking experience with relationship management, structuring and writing credit proposals, credit processes, policies, risk analysis
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., CA, CMA, CFA) or a post-graduate degree with a focus in business, economics, mathematics or other quantitative ﬁeld
Ability to communicate and read legal documentation in French
Familiarity with the RBC Corporate Client Group's credit processes and procedures
Knowledge of internal systems such as CCMS, TMS, Newton
What’s 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 performance-based bonuses, ﬂexible beneﬁts, competitive compensation packages
Leaders who support your development through coaching and managing opportunities Work in a dynamic, collaborative and high-performance team environment
Opportunities to be challenged on a daily basis
TORONTO, Ontario, Canada
Personal and Commercial Banking
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.