Vice President, Credit Transaction Management (CTM), Global Corporate Banking

RBC•Toronto, ON

10d•Onsite

About The Position

As a Vice President with the Credit Transaction Management (CTM) team, you will work in an interactive environment, managing a team and facilitating the growth of Fund Finance, Equity Margin Loans (EML), and Non-bank Financial (NBFI) portfolios. This role involves close collaboration with sector Corporate Banking teams in Toronto, New York, and London, as well as other groups within Capital Markets and the Bank, to deliver a full range of credit and banking services to clients within the Global Corporate Banking division of RBC Capital Markets. You will manage and develop a team of credit professionals responsible for a portfolio of credit relationships in the NBFI/Fund Finance/EML sectors, leading stakeholder relationships and ensuring the risk and reward of credit decisions are actively measured and managed within approved risk appetite.

Requirements

A minimum of 5 to 8 years of first-line transaction-based work experience.
Strong financial & risk analysis skills, with a good understanding of accounting standards and financial modelling.
Strong understanding of credit documentation (e.g., loan agreements, security documents).
Excellent written and verbal communication, with strong negotiation skills and an ability to manage conflicting demands and viewpoints, and multiple stakeholder expectations.
People management & coaching experience and an ability to work effectively within a team environment and to interact with all levels within the organization.
Ability to prioritize competing workstreams and perform well under pressure in order to meet time-sensitive deadlines.

Nice To Haves

Experience in the NBFI, Fund Finance, or EML sectors.
Experience in credit risk management (adjudication within delegated limit authority), or client relationship management.
An MBA or a Professional Designation (e.g., CPA, CFA).
Familiarity with RBC Capital Markets systems & credit processes.

Responsibilities

Manage and develop a team of credit professionals that are responsible for a portfolio of credit relationships within the NBFI/Fund Finance/EML sectors.
Lead and foster relationships with key internal stakeholders (Corporate Banking, Group Risk Management, Global Markets, Global Loans Administration, and Global Banking Service Centre) to support the growth of the RBC Capital Markets loan book and trading business.
Be responsible for an assigned portfolio of clients and your team’s portfolio, demonstrating that the risk and reward of credit decisions are understood and actively measured and managed for banking book business within approved risk appetite, ensuring appropriate action is taken as warranted.
Supervise your team’s work on a wide variety of credit transactions and present deals in the credit adjudication process.
Write transaction memos for submission to appropriate commitments committees.
Conduct financial analysis, including review of financial statements, borrowing bases, cash flow projections, structures, key terms, and industry trends for new credit, refinancings, renewals/extensions, covenant amendments/waivers, and other minor amendments.
Coordinate with internal partners (Group Risk Management, Know Your Client, and Funding and Lending Services) to ensure timely closings.
Work closely and maintain positive relationships with Corporate Banking, Group Risk Management, Global Markets, and Global Loans Administration.
Act as your team’s primary point of contact and conduct regular meetings with stakeholders to ensure a high level of service is provided to other groups within the Bank.
Supervise your team in ensuring credit agreement terms are correctly reflected in the Bank’s systems.
Ensure all credit documentation is accounted for and reviewed on a timely basis (e.g., credit agreements, amendments, waivers, security documents).
Provide regular feedback and coaching on employee performance and progress against goals, career progression, and continual training.
Stay up to date on Bank policy, credit trends, and industry research in an effort to develop a high performing team in which team members produce insightful, high-quality work in a timely manner.
Perform other ad-hoc responsibilities, which may include presenting to key stakeholders, reporting portfolio statistics, and periodic process reviews in order to promote a culture of continuous process improvement.