Portfolio Manager II - Fund Finance

Royal Bank of Canada

107d • $48 - $82

About The Position

The Portfolio Manager is part of the credit management team focused on the long-term risk-adjusted returns for the bank within the assigned business segment and/or geographic area(s). This individual manages a sub-set of existing credits and is a key partner in the origination of new credits. Primary responsibilities include providing comprehensive credit recommendations and presentations to key risk partners related to prospect(s) and existing clients of the bank, based on a comprehensive review of the borrower(s) and guarantor(s)' financials. This individual is expected to present credit recommendations within the bank's risk appetite and framework and follow the bank's policies, processes and procedures. They are responsible for the ongoing oversight and management of their portfolio, including timely risk rating assessments, reporting covenants, covenant compliance, and the preparation of quarterly and annual reports. The role also involves providing customized solutions for asset management clients in support of both their managed Funds and the capital needs of the Firm.

Requirements

• Bachelor's Degree in Finance, Business, or related field.
• Minimum 5 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries.

Nice To Haves

• Intermediate experience in credit management and lending operations, with a strong understanding of risk management principles.
• Desire to build leadership and coaching skills, with the ability to train and develop talent.
• Strong communication and collaboration skills, with the ability to work effectively with senior leadership and cross-functional teams.
• Intermediate analytical skills, with the ability to interpret complex data and make informed decisions.
• Industry-specific knowledge and expertise.

Responsibilities

• Mentors junior colleagues and fosters a culture of continuous improvement and professional growth.
• Owns and manages an assigned credit portfolio, ensuring alignment with organizational goals and risk management practices.
• Analyzes credit data and performs underwriting to assess creditworthiness and recommend appropriate structures to the Sales team and client.
• Prepares underwriting memorandums and approval documents for presentation to Credit Risk.
• Performs portfolio management activities to monitor and analyze portfolio performance, including periodic reviews and covenant tracking.
• Analyzes credit data to support underwriting and creditworthiness assessments including developing and presenting individual credit recommendations.
• Practices effective risk management, maintaining high standards of credit quality and origination in alignment with Bank's credit risk appetite.
• Partners with Relationship Manager(s) to successfully manage credit account relationships.
• Works closely with cross-functional teams to ensure cohesive and effective credit operations.
• Provides exceptional client service by maintaining professionalism and effectively interacting with clients.

Benefits

• Starting base salary: $48.66 - $82.86 per hour.
• Eligible for bonus and/or commissions.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree