Associate, Ratings & Monitoring (6-month fixed term Contract)

Royal Bank of Canada • Toronto, ON

1d • Onsite

About The Position

As an Associate on the Ratings and Monitoring team, you will be responsible for assessing credit ratings of Capital Markets borrowers, verifying covenant compliance, monitoring company and industry developments and identifying key risk events. The role will require you to develop industry expertise and collaborate with internal stakeholders across several sectors of the Business; including Adjudication, Corporate Banking, Global Credit and other Capital Markets areas.

Requirements

• At least 2 years of experience in credit risk and/or financial analysis
• Self-motivated with a combination of strong credit and analytical skills
• Ability to critically assess financial statements and other client reports and draw reasoned conclusions
• Excellent verbal and written communication skills
• Ability to work effectively within a team environment.
• High degree of computer literacy: MS Office Suite, database software, and electronic tools for on-line research

Nice To Haves

• Academic background with a Master’s level accreditation: usually an MBA, CFA, CPA or other professional designation
• Experience with S&P, Capital IQ, Moody’s

Responsibilities

• Managing and monitoring credit risk of a portfolio of corporate Borrowers in various sectors such as Mining, Forestry, Building Materials, Contractors, Retail - tasks include identifying key credit events, reviewing / refreshing credit risk ratings at a minimum on an annual basis;
• Participate in team deliverable targets with respect to regulatory / audit requests;
• Ensure borrower’s compliance of terms and conditions of credit agreement;
• Develop expertise in assigned portfolio, policies and guidelines, and provide value added advice to internal partners;
• Conduct research, analyze financial statements and develop financial projections;
• Collaborate cross-teams and with our business partners.

Benefits

• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Ability to make a difference and lasting impact

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level