• Job Description

  Req#: R-0000071367

  Job Summary

  Job Description

  What is the opportunity?

  You will assist in the sourcing, structuring and portfolio management of risk management and credit portfolio management tools in line with the Global Credit SRT (Significant Risk Transfer) mandate and RBC strategy. You will interact with Management across RBC and RBC Capital Markets, and all strategic product areas in supporting senior professionals in developing the most appropriate risk hedging and capital optimization transactions. These efforts have significant financial implications to clients and to the overall growth of the business.

  **** Please note: This role can be at an Associate or at a VP level, depending on the incumbent's background and skillset.****

  What will you do?

  • Support execution of strategic initiatives in collaboration with internal and external stakeholders.
  • Develop and leverage relationships across businesses, senior leaders and clients to foster and support coordination.
  • Use analytical skills and apply appropriate technical concepts and complete/lead consistent and reliable technical and financial reports/analyses to support client deliverables.
  • Develop and maintain portfolio models and databases.
  • Develop high quality presentations for and support interactions with CM management, potential investors and hedging / insurance counterparties.
  • Help team with presentation of information and preparation of proposals.
  • Assist colleagues in the research and resolution of administrative/operational issues.
  • Understand complexity of transactions and related risk (credit, market, operational, legal / compliance, etc.).
  • Respond to inquiries from clients, regulatory agencies, or members of the business community in a professional manner and determines acceptable solutions.
  • Develop strong market knowledge to provide comprehensive service to clients, develop new solutions, and construct compelling recommendations.
  • Develop and maintain fluency with corporate policies, Bank Capital rules and capital relief techniques. Additional knowledge of Insurance capital rules also beneficial.
  • Read, analyze, and interpret common technical journals, financial reports, and legal documents in order to better serve client needs.
  • Consider risk, internal controls and compliance as part of day-to-day accountabilities and adhere to policies and procedures.

  What you need to succeed?

  • Undergraduate / graduate degree in Finance/Accounting/Economics/Mathematics/Statistics.
  • 5 - 7 years of relevant experience at a financial institution in Capital Markets with emphasis on Investment and Corporate Banking, Trading Products, Private Credit, Structured Credit, Regulatory Capital, Funding Management or Credit Portfolio Management.
  • Excellent Database or Excel skills, solid financial modelling and data management abilities.
  • Superb attention to detail and outstanding communication skills with the ability to deliver clear, effective communication and take responsibility for understanding others.
  • Deep knowledge of US, Canadian and International corporate finance and credit markets (e.g. lending, private credit, structured credit) including investment banking, lending practices, syndication / origination process, credit documentation, lending operations and regulatory best practices.
  • Knowledge of credit and capital management issues and industry trends in various client sectors throughout the US, Canadian and International market.
  • Demonstrated knowledge in portfolio management and/or structuring roles with deal/transaction execution and project management skills.
  • Must successfully complete external regulatory exams and licensing requirements, as required.

  Nice-to-have

  • CFA / FRM / CAIA.
  • Business Analysis skills and prior experience liaising with or within an IT Framework either for development or for systems.
  • SQL and / or BI tools

  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, Data Management, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Taking Initiative, Teamwork

  Additional Job Details

  Address:

  ROYAL BANK PLAZA, 200 BAY ST:TORONTO

  City:

  TORONTO

  Country:

  Canada

  Work hours/week:

  37.5

  Employment Type:

  Full time

  Platform:

  Capital Markets

  Job Type:

  Regular

  Pay Type:

  Salaried

  Posted Date:

  2023-11-10

  Application Deadline:

  2023-12-15

  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 jobs.rbc.com.

• About the company

  Royal Bank of Canada (RBC), is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. The Com...

Notice