Associate Director, GRM Commercial Credit (Real Estate Developers)

Job Summary

Supports senior management in coordinating the development, implementation, and communication of complex credit risk management policies and processes.

Applies extensive, in-depth knowledge, skills, and practices to perform complex assignments.

Job Description

What is the opportunity?

As part of the Group Risk Management team (GRM), the Associate Director will be involved in supporting many functions such as effective monitoring and control on all material credit risks across RBC's Real Estate Lending Portfolio, and assessment of risks at a transactional level for each individual credit.

You will provide coaching to business partners, focus on maintaining the risk profile, alignment with the business, operational effectiveness and efficiency in management of assigned portfolios, and enhancing the client experience.

What will you do?

• Adjudicate Real Estate credit applications within your delegated lending limits influencing portfolio quality through strategic assessment of risk, attention to data quality and knowledge-sharing.
• Ensure clients and colleagues are treated with respect, a highly professional empathetic approach is used, and good working relationships are maintained
• Leads and applies consistent and effective performance management practices with risk managers in the team.
• Partner with the right people to achieve collective results. Act as a catalyst to ensure team is strategically aligned with business strategies while maintaining the Bank's desired risk profile
• Coaches business partners to develop strategies and leverage RBC resources to minimize overall costs
• Ensure accurate and consistent processes / controls are in place and being followed to protect shareholder interests. Ensures credit transactions are adjudicated, for the most part, within Policy Guidelines, Standards, and Procedures
• Take initiative to proactively seek, demonstrate, and facilitate consistency in credit adjudication fully utilizing other resources including other risk teams

What do you need to succeed?

Must-have

• Previous credit skills with a high degree of proficiency, preferably GRM experience, but at a minimum 5 years commercial banking and real estate lending experience.
• Undergrad degree in business or risk related field Masters in Finance or Risk, MBA and in pursuit of CFA / FRM designation preferred
• Strong Risk assessment & analysis skills
• Business and Financial Insight
• Excellent communication and conflict resolution skill

Nice-to-have

• Industry knowledge (real estate)
• In-depth knowledge of RBC Risk Policies, procedures & practices, Folios, etc.
• Proficiency with Bank technology

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
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to take on progressively greater accountability

NOTE : This is an onsite role and the location will be in Toronto or Vancouver

Job Skills

Business Data Analysis, Credit Analysis, Critical Thinking, Database Queries, Data Visualization, Decision Making, Long Term Planning, Operational Delivery, Quantitative Methods, Risk Management