We will review your application for future opportunities based on the business' needs.
The ideal candidate will work out of our Calgary or Toronto Office
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 the Bank 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 & 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 Capital Markets credit process and loan agreements
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
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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.
City: Toronto OR Calgary
Work Hours/Week: 37.5
Work Environment: Office
Employment Type: Permanent
Career Level: Experienced Hire/Professional
Pay Type: Salary + Variable Bonus
Required Travel (%): 0-25
People Manager: No
Application Deadline: 12/10/2021
Platform: Personal & Commercial Banking
Req ID: 433606