Associate Director, GRM

Royal Bank of Canada•Toronto, ON

1d•Onsite

About The Position

Group Risk Management – Commercial & Wholesale Credit focuses on risk assessment and adjudication of Capital Markets, Corporate Client Group, and Commercial transactions across the globe. As Associate Director covering SMUSH borrowers, and the Forestry and Chemical industries, your experience with financial analysis and credit and ability to quickly determine what’s relevant and what’s not will set the stage for success. (Sub-sovereigns, municipalities, universities, schools, and hospitals)

Requirements

Minimum 5 years of experience working in a financial institution, preferably in lending
Good understanding of loan and trading credit products with a proven track record of building effective relationships with internal/external stakeholders
Significant experience with Excel, including as a tool for financial analysis and a good understanding of financial modelling and financial statement analysis
Analytical and intellectually curious mindset
Ability to deal with obstacles and work to develop effective solutions/recommendations on tight timelines
Strong communication skills (both written and presentation) and ability to work with others in a collaborative manner

Nice To Haves

Postgraduate degree, accounting designation and/or CFA
Interest in pursuing a career in credit risk management
Industry knowledge and experience

Responsibilities

Work closely with the business at early stages on the risk aspects of any new transaction under consideration and provide direction and guidance as required to ensure the eventual deal structure adequately mitigates key risk concerns
Review Transaction Requests, term sheets, and risk assessments within agreed timelines and/or turn-around benchmarks; highlight exceptions to applicable policies and guidelines; and suggest enhancements
Ensure an appropriate balance between Risk and Return
Review and adjudicate financial models and assist in continuous oversight of borrower’s business and financial performance through monitoring of financial and industry information, regulatory changes, third-party analysis including rating agency publications, and other early warning signals