Associate - Group Risk Management, Wholesale Credit

2 months ago

Toronto, Canada Royal Bank of Canada Full time

**Job Summary**

Group Risk Management-Wholesale Credit Risk (GRM - WCR) group is responsible for assessing credit exposures of trading and lending activities for complex Capital Markets transactions; coverage is organized by geography and aligned by industry.

The GRM - WCR Funds team manages exposure to North American Investment Managers and Fund counterparties through effective analysis of credit risk, across various investment strategies. As Associate, you will serve as the Credit Officer, providing primary coverage for the Single Names to adjudicate borrower risk ratings and to evaluate proposed client strategies and credit requests, providing comprehensive transactional analysis and approval recommendations in a timely manner.

**What is the opportunity?**

Group Risk Management-Wholesale Credit Risk (GRM - WCR) group is responsible for assessing credit exposures of trading and lending activities for complex Capital Markets transactions; coverage is organized by geography and aligned by industry.

The GRM - WCR Funds team manages exposure to North American Investment Managers and Fund counterparties through effective analysis of credit risk, across various investment strategies. As Associate, you will serve as the Credit Officer, providing primary coverage for the Single Names to adjudicate borrower risk ratings and to evaluate proposed client strategies and credit requests, providing comprehensive transactional analysis and approval recommendations in a timely manner.

**What will you do?**
- As the second line of defense, work in partnership with various business partners (Global Credit, Sales/Trading desk, Counterparty Credit Risk, Market Risk, Operations, Document negotiators, etc.) throughout the transaction life cycle
- Work closely with the business on the risk aspects of any new transaction under consideration and provides direction and guidance as required to ensure the eventual deal structure adequately mitigates key risk concerns
- Review Single Name Strategies (Investment/Asset Managers) and Transaction Requests within agreed timelines, highlights exceptions to applicable policies and guidelines, and suggests enhancements
- Provide coverage for a portfolio of primarily Regulated Funds, but may include Hedge Funds, Private Equity Funds, REITs etc.
- Perform credit analysis on individual Fund counterparties in order to establish/adjudicate borrower risk ratings; includes approving Risk Assessments (RAFs) which typically encompasses industry, business and financial risks. Portfolio of accounts would be oriented towards trading facilities (FX, repo, derivatives, futures, prime brokerage, etc.)
- Maintain an up-to-date RAF approval schedule, and continuously reviews Borrower Risk Ratings (“BRR”s) on all assigned borrowers
- Assist in daily monitoring of borrower’s business and fund performance through monitoring of industry and company information through due diligence conference calls, news releases, financial results, regulatory changes, third party analysis including rating agency publications, and other early warning signals
- Prepare recommendations for Single Name Strategies and Transaction Requests for signoff based on applicable delegated limit authority
- Provide technical, analytical and project support for other functions carried out, particularly in the areas of internal reporting requirements, process optimization and data management

**What do you need to succeed?**

**Must-have**
- Minimum 2 years of working experience in a Financial Institution or Asset Manager industry, preferably in credit risk
- Curiosity and keen interest in Investment Managers and Funds
- Ability to handle high volume and multitask in a fast-paced work environment
- Superior time management skills and attention to detail, with ability to perform well under pressure
- Strong interpersonal skills, with outstanding written and verbal communication skills

**Nice-to-have**
- Completed MBA or CFA (or has taken steps towards attaining a CFA designation)
- Knowledge of Asset Manager Industry and trading products preferred; some experience working with Asset Managers or in Funds-related capacity would be an asset
- Proficient in Excel, including VBA/Macro as a tool for financial analysis and process optimization involving large data sets
- Interest in pursuing a career in Risk Management

**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 and competitive compensation
- Leaders who support your development through coaching opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work

**

  • Associate - Credit Risk

    5 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** Group Risk Management-Wholesale Credit Risk (GRM - WCR) group is responsible for assessing credit exposures of trading and lending activities for complex Capital Markets transactions; coverage is organized by geography and aligned by industry. The GRM - WCR Funds team manages exposure to North American Investment Managers and Fund...

  • Business Analyst

    1 week ago

    Toronto, Ontario, Canada VOLKSWAGEN Group Full time

    About Volkswagen Financial ServicesVolkswagen Financial Services, a subsidiary of the esteemed VOLKSWAGEN Group, is a leading provider of innovative mobility solutions for its brand partners. Our commitment to excellence drives us to support the Audi, Ducati, and Volkswagen brands, while specializing in accessible mobility solutions for our valued...

  • Associate Director, Group Risk Management

    5 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** As part of the Group Risk Management (GRM) team, the Associate Director, Wholesale Credit Risk, will provide risk assessment and adjudication for complex Capital Markets transactions. As trading and lending credit risk is the predominant form of credit risk that RBC incurs with respect to Asset Manager Sponsors and Financial Market...

  • Associate Director Grm Wholesale Credit

    2 days ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** Risk assessment and adjudication of challenging Capital Markets and Corporate Client Group transactions across the globe. **What is the opportunity?** Group Risk Management - Wholesale Credit focuses on risk assessment and adjudication of challenging Capital Markets and Corporate Client Group transactions across the globe. Your...

  • Credit Manager, Wholesale Finance

    5 months ago

    Toronto, Canada Yamaha Motor Canada Full time

    **Summary of Responsibilities** The Credit Manager will be responsible for oversight and control of the Wholesale Finance underwriting activities. This role will include management of the Credit Team, ownership and compliance of Policy & Procedures, and management of the Prospect and Annual file review pipeline. This individual will be an active participant...

  • Senior Manager, Securitization and Wholesale Credit Methodology

    2 weeks ago

    Toronto, Ontario, Canada BMO Full time

    Job Summary:BMO seeks a seasoned Senior Manager, Securitization and Wholesale Credit Methodology to lead the development and enhancement of complex credit risk models. The ideal candidate will have a strong background in credit risk model development and a passion for securitization. This role will play a crucial role in shaping the credit risk models that...

  • Business Analyst

    4 days ago

    Toronto, Ontario, Canada VOLKSWAGEN Group Full time

    About VOLKSWAGEN GroupVOLKSWAGEN Group is a leading provider of mobility solutions for its brand partners. Our company is committed to supporting the Audi, Ducati, and Volkswagen brands and their dealers, specializing in providing accessible mobility solutions for our customers.Our OpportunityWe are seeking a highly motivated and detail-oriented Business...

  • Vp Credit Risk

    6 months ago

    Toronto, Canada Chad Management Group Full time

    VP Credit Risk & Analytics Cambridge ON With over $1Billion in loans funded, our client has helped hard-working Canadians with personalized money solutions with more flexibility than traditional banks across both its retail and digital channels. They are a member of the Canadian Consumer Finance Association, fully licensed lender with 110+ branches across...

  • Commercial Credit and Risk Specialist Intern

    7 days ago

    Toronto, Ontario, Canada VOLKSWAGEN Group Full time

    Job Description:Volkswagen Financial Services, a subsidiary of the Volkswagen Group, is dedicated to providing accessible mobility solutions for its brand partners. As a Commercial Credit and Risk Specialist Intern, you will play a key role in supporting the VCCI Commercial Risk Department.About Us:We are committed to supporting Audi, Ducati, and Volkswagen...

  • Associate, Credit Risk

    5 months ago

    Toronto, Canada Canada Infrastructure Bank Full time

    Headquartered in Toronto, the Canada Infrastructure Bank (CIB) is responsible for investing in new infrastructure projects. The CIB’s mission is to work with provincial, territorial, municipal, federal, Indigenous and private sector investor partners to transform the way infrastructure is planned, financed and delivered in Canada. Reporting to the Head of...

  • Commercial Credit and Risk Analyst Intern

    4 weeks ago

    Toronto, Ontario, Canada VOLKSWAGEN Group Full time

    Job SummaryVolkswagen Financial Services is seeking a highly motivated and detail-oriented Commercial Credit and Risk Analyst Intern to join our team. As an intern, you will have the opportunity to work closely with our Commercial Credit Specialist and Commercial Risk Analysts to provide day-to-day support to the VCCI Commercial Risk Department.Key...

  • Manager, Credit Risk

    5 months ago

    Toronto, Canada Canada Infrastructure Bank Full time

    Headquartered in Toronto, the Canada Infrastructure Bank (the CIB) is responsible for investing in new infrastructure projects. The CIB’s mission is to work with provincial, territorial, municipal, federal, Indigenous and private sector investor partners to transform the way infrastructure is planned, financed and delivered in Canada. An exciting and...

  • Associate Director

    2 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** As Associate Director, you will also query data and develop tools to improve reporting and portfolio management within GRM Wholesale Credit to support risk rating, credit monitoring and adjudication workflows. **What is the opportunity?** As Associate Director, you will also query data and develop tools to improve reporting and portfolio...

  • Associate Director GRM Wholesale Credit

    1 day ago

    Toronto, Canada Royal Bank of Canada> Full time

    Job SummaryRisk assessment and adjudication of challenging Capital Markets and Corporate Client Group transactions across the globe.Job DescriptionWhat is the opportunity?Group Risk Management – Wholesale Credit focuses on risk assessment and adjudication of challenging Capital Markets and Corporate Client Group transactions across the globe. Your...

  • Associate Director, Credit Modeling and Risk Assessment

    3 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada> Full time

    Job SummaryThe Associate Director, Credit Modeling & Methodology will be part of the team responsible for developing RBC's wholesale economic capital model and data-driven rating model for RBC small business and commercial clients in Canadian Banking.You will be involved in model development, performance monitoring, implementation, and other ad-hoc...

  • Commercial Credit and Risk Intern

    4 weeks ago

    Toronto, Ontario, Canada VOLKSWAGEN Group Full time

    Job SummaryVolkswagen Financial Services is seeking a highly motivated and detail-oriented individual to join our Commercial Credit and Risk team as an Intern. As a key member of our team, you will provide day-to-day support to our Commercial Credit Specialists and Risk Analysts, assisting with payment processing, report generation, and data analysis.Key...

  • Associate Director, Group Risk Management, Commercial Credit

    1 month ago

    Toronto, Canada Royal Bank of Canada> Full time

    Job SummaryThe Associate Director is primarily responsible for credit adjudication of Automotive Finance Group (AFG), Indigenous Markets, Equipment Leasing, and Asset Based Lending (ABL) transactions within the Bank’s Commercial Financial Services Market within their delegated lending authority or within their assigned portfolio. The incumbent will have...

  • Associate, Global Counterparty Credit

    5 months ago

    Toronto, Canada TD Bank Full time

    **Associate, Global Counterparty Credit**: - 402134BR **Job Category - Primary** - Securities / Wholesale Banking **Work Location** - TD Centre - TD Tower - 66 Wellington Street West **Employment Type** - Regular **City** - Toronto **Time Type** - Full Time **Province/State** - Ontario **Hours** - 37.5 **Pay Details** **Department Overview** - The...

  • Risk Management Associate

    2 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryThe Royal Bank of Canada is seeking a skilled Risk Management Associate - Institutional Client Credit to join our team. In this role, you will be responsible for managing credit and transactional risk limits for various groups of fund relationships, including regulated mutual funds, pension funds, trusts, endowments, and managed accounts.Key...

  • Credit Risk Modeling Analyst

    4 days ago

    Toronto, Canada MUFG Canada Full time

    **Do you want your voice heard and your actions to count?** Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term...