Director, Sustainable Finance, Commercial Banking

Job Description

What is the opportunity?

We are seeking an experienced Director, Sustainable Finance to lead the origination, structuring, and relationship management of sustainable and transition financing solutions for Large Commercial and Corporate Clients across Canada.

This senior role combines deep commercial banking relationship skills, understanding of commercial credit, and specialized expertise in sustainable finance to drive profitable growth in green, social, transition, and sustainability linked loans, alongside advisory work with our clients.

What will you do?

• Act as the primary sustainable finance lead and trusted advisor for a portfolio of commercial banking relationships (typically $50M-$1B in revenue clients) and prospects across diversified industries (agribusiness, manufacturing, transportation, infrastructure, power & renewables etc.)

• Originate and support deal teams with sustainable finance structuring on transactions including renewables financing, carbon credits and blended finance solutions

• Partner closely with Relationship Managers, Credit risk, and Product teams to embed sustainability considerations into credit applications and due diligence

• Lead the due diligence process for sustainable finance debts, prepare memos that clearly articulate ESG risk/mitigation and the "use of proceeds" or KPI framework and defend transactions in the Transaction Committee

• Maintain and deepen C-suite and sustainability officer relationships; proactively identify client decarbonization and sustainability priorities and translate them into bankable opportunities

• Represent RBC externally as a thought leader; speak at industry conferences and contribute to roundtables. Share research and advance ideas that contribute to Canada's climate progress to inform policy and inspire action

• Collaborate with partners across the enterprise, including Capital Markets Sustainable Finance Group, Commercial Banking Strategy, Enterprise Strategy & Transformation, Sustainability & Impact, and Group Risk Management teams on strategy,  framework updates, second party opinions, reporting standards (TCFD, CSRD, ISSB) and regulatory developments (OSFI Guideline B-15, CSR etc)

• Mentor and develop junior team members and champion sustainable finance knowledge across the commercial banking platform

What do you need to succeed?

Must-have:

• Bachelor's degree in business, finance or a related field and/or equivalent work experience

• 5-8 years of experience in commercial banking with a proven track record in relationship management and credit structuring

• Ability to evaluate business risks, interpret cash flow projections, assess sustainability related risks and opportunities, and write compelling memos for complex sustainable finance deals

• Analytical rigor and credit judgment balanced with pragmatic deal execution

• Excellent interpersonal skills with ability to maintain relationships with clients and at all levels of the organization

• Passion for sustainability and the ability to articulate the business case for the energy transition

• Well organized, able to set priorities and perform well under pressure, meeting time sensitive deadlines, prioritizing work and being able to work on multiple projects

Nice to have:

• Direct experience originating and executing Sustainable Finance transactions

• Knowledge of global and Canadian sustainable finance frameworks and standards

• MBA/CPA/CFA

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

Commercial Credit Underwriting, Corporate Finance, Credit Structuring, Energy Transition, Relationship Management, Sustainable Finance

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

Employment Type:

Full time

Platform:

PERSONAL & COMMERCIAL BANKING

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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