Associate Director, Group Risk Management (Real Estate)

Job Summary

As part of the Group Risk Management team, the Associate Director will be primarily responsible for credit adjudication of Real Estate Investment Properties transactions originating from and within the Bank's commercial Financial Services Market

Job Description

What is the Opportunity?

As part of the Group Risk Management team, the Associate Director will be primarily responsible for credit adjudication of Real Estate Investment Properties transactions originating from and within the Bank's commercial Financial Services Market

The Group Risk Management Real Estate team provides independent assessment of business and financial risks for individual borrowers as a 2nd Line of Defense in the Enterprise Risk Management Framework and Governance.

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 focus on maintaining the risk profile, alignment with the business, operational effectiveness, sharing best practices with business partners and working towards high level of 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. Influence portfolio quality through strategic assessment of risk, attention to data quality and knowledge-sharing.
• Ensure accurate and consistent processes / controls are in place and being followed to protect shareholder interests. Ensure credit transactions are adjudicated, for the most part, within Policy Guidelines, Standards, and Procedures and mitigate risks as necessary.
• Deliver consistent decisions with solid communication of rationale for support, amendments, or declines.
• Ensure clients and colleagues are treated with respect, a highly professional empathetic approach is used, and good working relationships are maintained.
• Look for, and act upon, opportunities to strengthen the efficiency, accessibility and responsiveness of key risk processes and practices.
• Partner with stakeholders 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.
• Take initiative to proactively seek, demonstrate, and facilitate consistency in credit adjudication fully utilizing other resources including other risk teams.

Must-have

• 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 & financial analysis skills
• Business and financial insight
• Excellent communication and conflict resolution skills

Nice-to-have

• Previous credit skills with a high degree of proficiency, preferably in risk management, commercial banking, and / or real estate lending experience
• In-depth knowledge of RBC risk policies, procedures & practices, folios, etc.
• Proficiency with Bank's internal platforms, such as Synergy and Newton
• Knowledge of financial modelling

What is in it for you?

We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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 accountabilities

Job Skills

Business Performance Management, Investment Banking Analysis, Investment Economics, Investment Management Systems, Investment Performance Measurement, Investment Risk, Investment Risk Management, Market Risk, Operational Risks, Performance Management (PM), Quality Management, Risk Management, Standard Operating Procedure (SOP)