Senior Manager - Personal Lending Credit Strategy

Royal Bank of Canada•Toronto, ON

5d•Onsite

About The Position

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.

Requirements

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 Haves

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

Responsibilities

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.