Credit Analyst

2 months 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**

Credit Analyst

**What is the opportunity?**

You will play a key role in the risk assessment and continuous risk monitoring for RBC Capital Markets and RBC Investor & Treasury Services with asset managers, including mutual funds, UCITS, managed accounts. You will ensure all credit limit systems are properly recording approvals and assist in the preparation of timely management information reports.

**What will you do?**
- Prepare borrower/counterparty risk analysis and propose internal ratings
- Undertake annual reviews on a timely basis and compliant with deadlines
- Understand and assess risks inherent in (i) the asset management industry and its regulation, (ii) the sponsors and the markets they operate in, (iii) products and (iv) investment strategies
- Be responsible for timely completion of credit and risk reviews for a portfolio of counterparties in line with the Investment Management review schedule
- Contribute effective risk analysis to a portfolio-wide risk profile that meets RBC’s risk appetite for the sector
- Participate in due diligence meetings
- Be responsible for NAV collection, reporting, analysis
- Contribute to Monthly Watchlist and ad-hoc risk reporting
- Maintain a strong understanding of RBC credit policies and guidelines
- Complete assigned projects and other duties in an efficient and effective manner that supports business initiatives and participate in other primary responsibilities that may arise from time to time in support of risk assessment and continuous monitoring.

**What you need to succeed?**
- Undergrad in business, finance or economics or equivalent
- Understanding and knowledge of fund industry and securities regulations governing funds
- Self - starter with strong organizational and time management skills
- Ability to establish priorities, multi-task with accompanying attention to detail
- Ability to interpret, explain and communicate opinions and recommendations using strong verbal and written skills
- Problem solving skills. Technical Familiarity and basic understanding of I&TS and Capital Markets products including FX, swaps, custody
- Understanding of credit risk
- Advanced data and computer management skills including proficiency with Excel

**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 opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
- Flexible work/life balance options

**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**:
2023-07-18

**Application Deadline**:
2023-08-02

**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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