Associate, Credit Management Ccg

2 weeks ago


Toronto, Ontario, Canada Royal Bank of Canada Full time

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.


Job Title
Associate, Credit Management CCG

Note:
This position is a fixed-term role for approximately 9 months.

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 verbal 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, 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.

What do you need to succeed?

Must-have:

  • 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 9to5 environment
  • Strong Excel, Word and PowerPoint skills

Nice-to-have:

  • MBA, professional designation (e.g., CA, CMA, CFA) or a postgraduate 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 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 performancebased bonuses, flexible benefits, competitive compensation packages
  • Leaders who support your development through coaching and managing opportunities
  • Work in a dynamic, collaborative and highperformance team environment
  • Opportunities to be challenged on a daily basis

Job Summary

Address:

TORONTO, Ontario, Canada

City:

CAN-AB-CALGARY, CAN-ON-TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Personal and Commercial Banking

Job Type:

Contract (Fixed Term)

Pay Type:

Salaried

Posted Date:

Application Deadline:

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.

**Joi

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