Associate Director, Special Loans and Advisory

**Job Summary**

As part of the Group Risk Management (GRM), the Associate Director will support Special Loans and Advisory Services, Capital Markets (“SLAS”), on core risk management activities (financial analysis, risk rating, reporting, team data management, adjudication) in order to improve efficiency and effectiveness of credit risk operations as well as directly manage a portfolio of less complex workout files under the supervision of MD & Directors.

**What is the opportunity?**
As part of the Group Risk Management (GRM), the Associate Director will support Special Loans and Advisory Services, Capital Markets (“SLAS”), on core risk management activities (financial analysis, risk rating, reporting, team data management, adjudication) in order to improve efficiency and effectiveness of credit risk operations as well as directly manage a portfolio of less complex workout files under the supervision of MD & Directors.

**What will you do?**
- Assist in assembling all relevant materials, data & initial analysis to support core SLAS activities:

- Maintain team dataset (financials, external ratings, reports etc.) for all accounts assigned to industry team
- Manage shared drives, team folders, SharePoints
- Compile reports and read/interpret/analyze/spread financial statements, ratings reports and other industry specific research
- Prepare Quarterly and Annual Reviews on names managed by SLAS, CM.
- Assist in the timely and consistent preparation of materials to support all risk rating activities, including but are not limited to annual and interim reviews, credit comments and indicative Borrower Risk Ratings, BCCs and EVs
- Includes compiling and initial analysis of financial statements, industry data analysis, and peer comparisons. Will include preparation of the first draft of assigned sections in any relevant document
- Includes the identification and evaluation of major risks
- Actively follows business and financial performance through daily monitoring of financial and industry information, regulatory events, external rating agency movements, and other early warning signals
- Works with financial models as assigned (including income, balance sheet and cash flow statements, breakeven analysis, enterprise valuation and multivariable sensitivity testing).
- Participates in client conference calls and meetings including financial advisors and legal counsel.
- Works closely with GRM Risk Managers as well as Business Partners in Corporate Banking, Capital Markets, Credit Transaction Management and Global Trading Client Management
- Supports team by the complete and timely assembly of all data and relevant team materials to support timely execution of the group’s major work flows and other sundry duties as assigned

**What do you need to succeed?**

**Must-have**
- 5+ years of Risk Management, Account Management or Workout/Restructuring Experience
- Demonstrated financial modeling and analytical skills
- Strong communication, interpersonal and teamwork skills

**Nice-to-have**
- Proficiency with Bank technology and Microsoft Applications - at a minimum Basic Word, Excel, Power Point
- In-depth knowledge of RBC, Capital Markets Risk Policies, procedures & practices, Folios etc.
- MBA, CFA, CPA or other financial designation

**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
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to take on progressively greater accountabilities and to do challenging work

**Job Skills**

Accounting Finance, Asset and Liability Management (ALM), Confidentiality, Credit Analysis, Customer Service, Customer Success, Detail-Oriented, Investment Risk, Retail Banking, Risk Management

**Additional Job Details**

**Address**:
20 KING ST W:TORONTO

**City**:
TORONTO

**Country**:
Canada

**Work hours/week**:
37.5

**Employment Type**:
Full time

**Platform**:
GROUP RISK MANAGEMENT

**Job Type**:
Regular

**Pay Type**:
Salaried

**Posted Date**:
2024-08-28

**Application Deadline**:
2024-09-29

**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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