Senior Manager

Job Description

What is the opportunity?

In this role you will support the Director of the Personal Lending Credit Strategy team in managing Personal Lending portfolio through developing and enhancing credit strategies to increase portfolio profitability.

This role gives the incumbent the opportunity to build on these skills and attributes: cross-functional mindset, understanding of consumer behaviour and RBC risk appetite, and adaptability to the dynamic credit environment. This position specializes in insight-generation through in-depth portfolio analytics, and then taking action on those insights through the development of new credit strategies.

What will you do?

• Enhance portfolio insight and management decision-making through the use of leading edge methodologies and tools to measure the current health of the portfolio and to discover opportunities, trends, and anomalies.
• Provide concise and insightful analytical support to senior management on matters relating to acquisitions and account management of personal lending products.
• Lead credit strategy development and the monitoring of strategy outcomes. The incumbent will need to recognize credit trends, determine strategy effectiveness, and provide recommendations for further enhancements.
• Support the implementation of strategies and maintain integrity of decision criteria within loan origination systems and campaign processes.

What do you need to succeed?

Must-have

• 5+ years related work experience developing risk, pricing and/or profitability models
• Prior experience with data manipulation and analytics packages such as SAS, Teradata, Tableau, Python etc.
• Strong analytical and problem solving skills including understanding of credit risk fundamentals and financial modelling
• Strong interpersonal, communication and presentation skills, with the ability to articulate a compelling business case to senior management
• University degree in a quantitative field of study (e.g., statistics, economics, business, computer science, math) – demonstrated ability to think critically, analyze data, and build financial models

Nice-to-have

• Knowledge of credit risk methodology, including Basel parameter estimation and/or credit/market stress testing models is an asset.
• Thorough understanding of Financial Institutions business process and risk management framework, including regulatory environment

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 Skills

Client Counseling, Critical Thinking, Derivatives, Economic Analysis, Financial Instruments, Investment Banking Analysis, Investment Risk Management, Market Risk, Quantitative Methods

Additional Job Details

Address:

RBC WATERPARK PLACE, 88 QUEENS QUAY 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:

Application Deadline:

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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