Job Description

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you\xe2\x80\x99re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title Associate Director



What is the opportunity?

Associate Director in the Group Risk Management Wholesale Credit risk team in London, focusing on corporate borrowers/counterparties.

Responsible for the management and oversight of credit risk related to an assigned portfolio of around 35 European focused corporate and leveraged finance loan and derivatives clients.

The clients are active in a broad range of industries, including transportation, utilities, telecommunications, services, healthcare, retail and general industrial.

What will you do

• The risk assessment of portfolio counterparties;
• Assigning an indicative Borrower Risk Rating at origination and adjudicating subsequent Borrower Risk Rating reviews;
• Reviewing new loan originations and monitoring of existing portfolio
• Approving (within delegated authorities) or recommending new or additional credit risk exposure (lending and trading credit) to those entities
• Work in partnership with the front office and other teams within GRM-Credit so that risks are proactively managed and decisions are consistent with the overall risk appetite of RBC.
• Provide support for the growth of RBC Capital Markets business in the UK, Continental Europe and Australia;

What do you need to succeed?

Must-have

• Ability to assess complex loan structures, including financial statement and credit analysis.
• Ability to assess business risk, supported by company reporting, financial, commercial and technical due diligence.
• Familiar with, and ability to review excel based financial forecast models.
• Work collaboratively with the front office teams (Leverage Finance, Corporate Banking and Derivatives) to keep credit exposure within RBC risk appetite.
• High level of drive and motivation to manage multiple credit requests concurrently during busy times.
• Able to priortise and produce written communications to tight client deadlines.

Nice-to-have

• Previous experience in corporate loan origination or at a rating agency.
• Accounting or CFA qualification.

What is 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, flexible benefits and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Opportunities to work with the best in the field
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• A world-class training program in financial services

Job Summary

Address: London, United Kingdom of Great Britain and Northern Ireland

City: GBR-GREATER_LONDON-LONDON

Country: United Kingdom

Work hours/week: 35

Employment Type: Full time

Platform: Group Risk Management

Job Type: Regular

Pay Type: Salaried

Posted Date: 2023-09-22

Application Deadline: 2023-10-06

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.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers.

Royal Bank of Canada