Associate, Ratings

1 month ago


Toronto, 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, Ratings & Monitoring, Global Credit

**What is the opportunity?**

As an Associate on the Ratings and Monitoring team, you will be responsible for assessing credit ratings of Capital Markets borrowers, verifying covenant compliance, monitoring company and industry developments and identifying key risk events. The role will require you to develop industry expertise and collaborate with internal stakeholders across several sectors of the Business; including Adjudication, Corporate Banking, Global Credit and other Capital Markets areas. This role also requires you to pay-it-forward, as such you are expected to coach and mentor junior risk analysts.

** Please also note that this is a Toronto based role where there is a minimum expectation of 2-3 days in the office. **

**What will you do?**

For the assigned portfolio, you will be responsible for:

- Managing and monitoring credit risk, which includes identifying key credit events, reviewing / refreshing credit risk ratings at a minimum on an annual basis;
- Participate in team deliverable targets with respect to regulatory / audit requests;
- Ensure borrower’s compliance of terms and conditions of credit agreement;
- Develop expertise in assigned portfolio, policies and guidelines, and provide value added advice to internal partners;
- Conduct research, analyze financial statements and develop financial projection; and
- Collaborate cross-teams and with our business partners.

**What do you need to succeed?**

**Must-Have**:

- Self-motivated with a combination of strong credit and analytical skills
- Ability to critically assess financial statements and other client reports and draw reasoned conclusions
- Excellent verbal and written communication skills
- Ability to work effectively within a team environment.
- 3-5 years knowledge and experience in credit risk and/or financial analysis
- High degree of computer literacy: MS Office Suite, database software, and electronic tools for on-line research

**Nice-To-Have**:

- Academic background with a Master’s level accreditation: usually an MBA, CFA, CPA or other professional designation
- Experience with S&P, Capital IQ, Moody’s

**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 prioritize development and provide opportunities for accelerated career growth
- Work in a dynamic, collaborative, progressive, and high-performing team
- Ability to make a difference and lasting impact

**Job Summary**

**Address**:
TORONTO, Ontario, Canada

**City**:
CAN-ON-TORONTO

**Country**:
Canada

**Work hours/week**:
37.5

**Employment Type**:
Full time

**Platform**:
Capital Markets

**Job Type**:
Regular

**Pay Type**:
Salaried

**Posted Date**:
2023-02-21-08:00

**Application Deadline**:
2023-03-08-08:00

**I**nclusion** 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.

**Join our Talent Community**

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