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.
Private Banking & Commercial Credit Advisor (Hybrid) – Credit Advisory Group (CAG)
What is the opportunity?
In this hybrid role, you will contribute to the strategic Private Banking (PB), Canadian Banking (CB) and CB Operation’s business priorities by supporting Private Bankers and Directors Credit Structures in the credit renewal and underwriting process for Private Banking wholesale clients (CMI 805) within required deadlines, and Commercial Account Managers (CAM) in the credit renewal process and the adjudication of new credit origination. You will underwrite and adjudicate credit renewals, increases at renewal and new credit requests within Delegated Lending Authorities, using sound judgment and employing a balanced approach to asset growth and portfolio quality. You will identify opportunities to improve credit management processes and work flow, participate in special projects and leverage strategic relationships with functional units and cross-platform partners.
Please Note: this is a hybrid opportunity for applicants within commuting distance to CAG locations in Toronto, Montreal, Meadowvale and New Westminster.
What will you do?
Underwrite transaction requests and adjudicate within Delegated Lending Authorities, using sound judgment and employing a balanced approach to growth and portfolio quality
Deliver an exceptional client experience and recommend ways to work towards Simpler, Faster, Better, while meeting and exceeding client turnaround time (TAT) expectations
Review and establishing the customer’s Borrower risk rating (BRR), ensure credit structures adequately mitigate the respective credit risks and exercise sound risk management, due diligence and good judgment in credit renewal underwriting & adjudication, incorporating Know Your Client (KYC), know the transaction, credit structure, risk analysis and client strategy
Leverage tools, resources and materials related to lending policy, practices and products to support advice and recommendations, ensuring a balance between shareholder risk and client experience.
Maximize the use of technology, build corporate memory and enable continuity of client service and future opportunity spotting by documenting details of credit requests in the appropriate system.
Promote a mindset of teamwork, learning and creative thinking, while ensuring adherence to delegated lending authorities, corporate risk guidelines and policies to manage the risk of credit solutions.
Support initiatives and training that improve the team’s ability to meet clients’ borrowing needs, leverage available assets and establish credibility by developing professional relationships with Group Risk Management
Raise concerns surrounding credits that present a negative trend or increased risk, recommend remediation and respond to GRM queries relating to issues that result from review
What do you need to succeed?
Strong Personal, Small Business or Commercial lending/credit experience
Good understanding of the end-to-end credit underwriting process and commercial & retail lending guidelines and policies
Strong analytical capabilities, financial acumen and attention to detail
Ability to lead with a growth mindset, be creative in credit solution development and able to identify appropriate rationale to recommend structures outside of policy
Professional oral and written communication and presentation skills
Bilingual language capability – French / English
Prior experience as a Small Business or Commercial account manager is a plus
Good understanding of Private Banking wholesale products and credit policy
Experience using MS Outlook, RBCnet, Synergy, Newton, word processing & spreadsheets
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 bonuses and flexible benefits, competitive compensation
Leaders who support your development through coaching and managing career opportunities
Ability to make a difference and lasting impact
Work in a safe, dynamic, collaborative and positive work environment
Work with a great and supportive team
RBC is committed to supporting flexible work arrangements when and where available. Details to be discussed with Hiring Manager.
TORONTO, Ontario, Canada
CAN-BC-NEW WESTMINSTER, CAN-ON-MISSISSAUGA, CAN-ON-TORONTO, CAN-QC-MONTRÉAL
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.