Associate Director, Commercial Credit

Job Summary

Processes and authorizes applications for credit, including applications for credit cards, in accordance with policies. Applies extensive, in-depth knowledge, skills, and practices to perform complex assignments.

Job Description

What is the opportunity?

Reporting to the Director, Group Risk Management (GRM) Commercial, you will be mainly responsible to adjudicate commercial credit transaction requests within delegated lending limits using sound judgement and adherence to policy as well as taking a balanced approach to asset growth and portfolio quality.

You will partner with business & commercial markets VPs, sales managers, account managers, in the management of the assigned portfolio.

What will you do?

• Assess commercial credit submissions between $3MM and $15MM including reviewing exceptions to credit policy and ensuring accuracy of risk assessment.
• Influence portfolio quality through strategic assessment and management of risk.
• Identify risk issues and taking proactive action i.e., within designated portfolio by segment.
• Coach & Counsel Account Managers on risk.
• Monitor portfolio trends (Business Risk Rating, Delinquencies & Non-Accrual Loans, Watchlist).
• Stay abreast of Credit Administration & Compliance Trends (Expired Credits, Out of Order Margins / Covenants / Early Warning Signs / Reporting and Security) through enquiry of business partners, recommending course of action on specific accounts and assisting business partners with action to correct any unsatisfactory situations.
• When applicable, elevate performance of business partners with honest straight talk as a coach and mentor through candid, constructive feedback, recognition of successes based on fact and addressing poor performance as needed.
• Represent the Bank and Risk Management in marketplace including client visits where appropriate.
• Deal directly with Commercial Account Managers and Vice Presidents.

What do you need to succeed?

Must-have :

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.

Job Skills

Coaching Others, Communication, Confidentiality, Decision Making, Detail-Oriented, Information Capture, Process Management, Quality Management, Risk Management, Standard Operating Procedure (SOP)

Additional Job Details

Address :

RBC CENTRE, 155 WELLINGTON ST W : TORONTO

City : TORONTO

Country : Canada

Work hours / week : 37.5

Employment Type : Full time

Platform :

GROUP RISK MANAGEMENT

Job Type : Regular

Pay Type : Salaried

Posted Date : 2024-12-18

Application Deadline :

2025-01-11

Note : Applications will be accepted until 11 : 59 PM on the day prior to the application deadline date above

I nclusion 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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