Associate Director, Wholesale Credit Risk Rating Methodologies
4 weeks ago
Associate Director, Wholesale Credit Risk Rating Methodologies Join to apply for the Associate Director, Wholesale Credit Risk Rating Methodologies role at RBC The Wholesale Rating Methodologies (WRM) team within Commercial & Wholesale Credit Risk is responsible for managing and updating Risk Criteria Papers (RCP). RCPs are used to assign credit ratings to the Bank’s corporate clients. As Associate Director, you will update and maintain RCPs to ensure they continue to perform as intended, as well as serve as a subject matter expert for Enterprise Model Risk Management (EMRM), audit and other stakeholders for matters related to RCPs. Job Responsibilities Analyze existing RCPs to identify opportunities to improve and simplify RCPs and demonstrate their fit‑for‑purposes. Manage the development and documentation of RCPs by liaising with industry teams and EMRM. Work with various teams to define business requirements for implementing RCPs into IT systems. Serve as a key point of contact for EMRM for findings related to criteria papers. Modernize the RCP development and monitoring process to reflect best practices and meet regulatory requirements. Develop tools to assist the adjudication, risk rating, and portfolio management workflows. Drive innovation within Commercial & Wholesale Credit Risk by participating in or leading projects that would benefit from WRM’s technical expertise and access to data. Qualifications Minimum 5 years credit risk (wholesale preferred) or related experience. Ability to think critically to understand industry drivers to develop sound recommendations for criteria updates. Solid working knowledge of SQL, Microsoft Excel, and computer programming (e.g. Python). Advanced organizational skills including the ability to simultaneously manage and prioritize multiple projects. Strong communication skills (written and verbal). Highly developed modeling and analytical skills. Nice‑to‑Have Project management experience. Knowledge of business intelligence tools (e.g., Tableau) and data science. Strong facilitation skills. Professional risk designations such as CFA or FRM. Graduate degree in Business Administration, Finance, Economics, or a quantitative discipline. Benefits Comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation. Leadership support through coaching and development opportunities. Dynamic, collaborative, high‑performing team environment. Opportunities to work on challenging projects. Key Skills Accounting & Finance Asset and Liability Management (ALM) Commercial Loan Review Confidentiality Credit Analysis Customer Service & Success Detail‑Oriented Financial Statement Analysis Risk Management Location: Royal Bank Plaza, 200 Bay St, Toronto, Canada. Employment Type: Full‑time, 37.5 hours per week. Application Deadline: 2025‑11‑14. Equal Opportunity Employment At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth. We are committed to delivering a workplace based on respect, belonging, and opportunity for all. All qualified applicants will receive consideration for employment regardless of race, color, religion, sex, gender identity, sexual orientation, age, disability, or any other protected characteristic. #J-18808-Ljbffr
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Toronto, Canada RBC Full timeAssociate Director, Wholesale Credit Risk Rating Methodologies Join to apply for the Associate Director, Wholesale Credit Risk Rating Methodologies role at RBC The Wholesale Rating Methodologies (WRM) team within Commercial & Wholesale Credit Risk is responsible for managing and updating Risk Criteria Papers (RCP). RCPs are used to assign credit ratings to...
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Toronto, Canada RBC Full timeAssociate Director, Wholesale Credit Risk Rating Methodologies Join to apply for the Associate Director, Wholesale Credit Risk Rating Methodologies role at RBC The Wholesale Rating Methodologies (WRM) team within Commercial & Wholesale Credit Risk is responsible for managing and updating Risk Criteria Papers (RCP). RCPs are used to assign credit ratings to...
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Toronto, Canada Royal Bank of Canada> Full timeJob Description What is the opportunity? The Wholesale Rating Methodologies (WRM) team within Commercial & Wholesale Credit Risk is responsible for managing and updating Risk Criteria Papers (RCP). RCPs are used to assign credit ratings to the Bank’s corporate clients. As Associate Director, you will update and maintain RCPs to ensure they continue to...
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Toronto, Canada Royal Bank of Canada> Full timeJob Description What is the opportunity? The Wholesale Rating Methodologies (WRM) team within Commercial & Wholesale Credit Risk is responsible for managing and updating Risk Criteria Papers (RCP). RCPs are used to assign credit ratings to the Bank’s corporate clients. As Associate Director, you will update and maintain RCPs to ensure they continue to...
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TORONTO, Canada Royal Bank of Canada Full timeJob Description What is the opportunity? The Wholesale Rating Methodologies (WRM) team within Commercial & Wholesale Credit Risk is responsible for managing and updating Risk Criteria Papers (RCP). RCPs are used to assign credit ratings to the Bank’s corporate clients. As Associate Director, you will update and maintain RCPs to ensure they continue to...
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Toronto, Canada Royal Bank of Canada> Full timeJob Description What is the opportunity? The Wholesale Rating Methodologies (WRM) team within Commercial & Wholesale Credit Risk is responsible for managing and updating Risk Criteria Papers (RCP). RCPs are used to assign credit ratings to the Bank’s corporate clients. As Associate Director, you will update and maintain RCPs to ensure they continue to...
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Toronto, Ontario, Canada RBC Full time $120,000 - $180,000 per yearJob DescriptionWhat is the opportunity?The Wholesale Rating Methodologies (WRM) team within Commercial & Wholesale Credit Risk is responsible for managing and updating Risk Criteria Papers (RCP). RCPs are used to assign credit ratings to the Bank's corporate clients. As Associate Director, you will update and maintain RCPs to ensure they continue to perform...
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Toronto, Canada RBC Full timeA major financial institution in Toronto is looking for an Associate Director in Wholesale Credit Risk Rating Methodologies. This role involves managing Risk Criteria Papers essential for credit rating processes, with responsibilities including improving existing methodologies and collaborating across teams. The ideal candidate will have over 5 years of...
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Toronto, Canada RBC Full timeA major financial institution in Toronto is looking for an Associate Director in Wholesale Credit Risk Rating Methodologies. This role involves managing Risk Criteria Papers essential for credit rating processes, with responsibilities including improving existing methodologies and collaborating across teams. The ideal candidate will have over 5 years of...
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Toronto, Canada RBC Full timeA major financial institution in Toronto is looking for an Associate Director in Wholesale Credit Risk Rating Methodologies. This role involves managing Risk Criteria Papers essential for credit rating processes, with responsibilities including improving existing methodologies and collaborating across teams. The ideal candidate will have over 5 years of...
