Associate, Institutional Client Credit Management
Ville : TORONTO, Ontario, Canada
Catégorie : Customer Service | Client Advice | Sales
Industrie : Financial/Banking
Employeur : RBC
Job Summary
Job Description
What is the opportunity?
- Manage a credit portfolio and facilitate transactions originated by the various trading businesses of RBC Capital Markets (CM) clients covered within Global Credit, while safeguarding the credit quality of the portfolio.
- Partner with various trading in CM to (i) identify and recommend suitable counterparties; (ii) facilitate the credit process, including evaluating and screening requests, preparing requests and risk assessments, (iii) co-ordinate the documentation process, including structuring appropriate credit mitigation and (iv) optimize revenues.
- Maintain relationships with RBC CM coverage professionals, Group Risk Management and other stakeholders to ensure client needs are met on a timely basis including addressing credit requirements as necessary.
- Develop and maintain relationships with clients to enhance credit management and to seek to optimize business opportunities.
What will you do?
- Proactively manage counterparty credit risks in support of the RBC CM business.
- Timely preparation of grid-based limit assessments and credit transaction requests for existing and new relationships (seek and defend business head limit requests and assist with KYC/AML and regulatory on boarding as required).
- Develop client strategies for top tier relationships designed to increase level of client experience to support new revenue enhancing opportunities.
- Maintain a strong understanding of RBC trading policies and guidelines.
- Maintain relationships with CM sales and trading professionals globally in order to facilitate transaction requests and optimize business opportunities across the RBC trading platform.
- Maintain relationships with Group Risk Management Wholesale Credit, Market Risk and Counterparty Credit Risk, and RBC Law Group.
- Undertake appropriate due diligence and analysis of counterparties’ financial performance as well as relevant industry information for credit proposals.
- Provide research and market intelligence for portfolio and risk assessment purposes using variety of sources including client provided data, news services and industry-specific websites.
- Provide project and policy support in a thorough, accurate and timely manner.
- Support Biennial Review process and other credit review processes as required.
- Ensure Compliance Management (excesses, limit reductions and closures, etc.) for assigned portfolio is complete.
What you need to succeed?
- Minimum: Honours, B.A. or B. Comm.
- Knowledge of DVP trading products including Equities, Fixed income etc.
- Strong credit analysis skills
- Understanding of diverse client types and industries.
- Behavioural competencies required include: leadership; analytical skills, critical thinking, strong communication (written and verbal) and interpersonal skills, teamwork, initiative, strong organizational and time management skills (must be able to prioritize and reprioritize tasks to meet the fast paced demands of the trading environment)
- Technical skills required include; high proficiency in computer skills (Word, Excel, Powerpoint); strong research skills; solid understanding of financial statements; high aptitude for reviewing legal documentation
- Possess personal and effective client management skills.
Nice-to-have
- Some previous credit and account management experience / risk management experience
What’s in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
- A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
- Flexible work/life balance options
Job Skills
Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, TeamworkAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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