Vice President, Portfolio Management

2 weeks ago


Québec, Canada Royal Bank of Canada Full time

**Job Summary**

**What is the opportunity?**

RBC is a leading provider of asset based loans for a wide variety of industries and client situations across Canada. As a Vice President on the Portfolio Management team for RBC’s Asset Based Lending (“ABL”) business, you will be responsible for the management of an assigned portfolio of diversified ABL clients that roll into one of RBC’s Corporate Client Group and Canadian Banking books.

Your ability to manage client relationships and successfully partner with internal RBC stakeholders to align RBC’s risk appetite with the needs of the client, will lead to your success in the role as you contribute to the overall growth of the ABL portfolio by retaining existing clients within RBC by providing sound advice and recommendations.

**What will you do?**

Manage all aspects of an assigned ABL portfolio including:

- Maintaining responsibility for credit renewals, amendments, annual reviews, portfolio reviews and credit documentation (CCMS, loan advances, legal documentation etc.). Ensuring all documentation is reviewed, confirmed, accurate and enforceable.
- Establishing client calling routines as required & proactively coordinating other client credit needs.
- Proactively managing accounts by analyzing financial & collateral reports to ensure negative trends are identified early & measures taken to ensure RBC’s exposure is adequately protected.
- Overseeing and monitoring loan advances and collateral reporting to ensure that Clients are in compliance of reporting requirements and financial covenants.
- Proactively identifying issues and opportunities during the account management process to deliver advice and solutions tailored to meet client needs that are paired with appropriate recommendations to Risk Management.
- Documenting management plans and exit/liquidation strategies for accounts when required.
- Retaining and negotiating profitable renewals with existing clients.

**What do you need to succeed?**

**Must Have**
- MBA and/or professional designation (e.g., CA, CPA, CFA), or a post-graduate degree with a focus in business, accounting, economics, mathematics or other quantitative field.
- 3+ years of experience in client facing roles in a commercial, corporate banking or ABL environment.
- Able to demonstrate strong verbal communication and negotiation skills, including the ability to communicate effectively with clients and internal RBC partners
- Excellent written communication skills
- Ability to work effectively within a team environment
- Self-starter that is able to work independently and effectively prioritize various transactions and demands from partners internally and externally
- Demonstrated financial/business acumen and experience in conducting financial/risk analysis to assess and structure banking solutions.

**Nice to Have**
- Familiarity with RBC credit processes and loan documentation
- Previous banking experience with relationship management, structuring/writing credit proposals, credit processes, policies, and risk analysis would be a significant asset
- French reading/writing/communication skills

**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.
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work

**Job Skills**

Business Performance Management, Commercial Loan Review, Communication, Financial Statement Analysis, Financial Structuring, Interpersonal Relationship Management, Operational Delivery, Presentations, Product Services

**Additional Job Details**

**Address**:
ROYAL BANK PLAZA, 200 BAY ST:TORONTO

**City**:
TORONTO

**Country**:
Canada

**Work hours/week**:
37.5

**Employment Type**:
Full time

**Platform**:
Personal and Commercial Banking

**Job Type**:
Regular

**Pay Type**:
Salaried

**Posted Date**:
2023-11-14

**Application Deadline**:
2023-11-29

**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.

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