Associate Director, Credit Risk Review
Top Benefits
About the role
Job Description
What is the Opportunity?
As a Subject Matter Expert and Examiner-in-Charge (EIC) within U.S. Credit Risk Review (CRR) , you will provide independent, objective assessment and evaluation on the effectiveness and adequacy of credit risk management practices, internal controls, credit risk ratings and corporate governance processes at RBC focusing on Wholesale and Wealth Management portfolios. Key stakeholders include 1st and 2nd line of defense bankers, RBC executives, regulators, auditors, as well as, ultimately, the U.S. Risk Committee. The successful candidate will lead and participate in a variety of assignments including Target Reviews, Continuous Monitoring Reviews, Risk Assessments, and other ad hoc credit projects.
What Will You Do?
Leadership
- Serve as Examiner-in-Charge for Target and Continuous Monitoring Reviews
- Provide coaching, mentorship, and performance feedback to more junior team members
Credit Risk Review Practice
- Lead and participate in the execution of CRR reviews related to Wholesale Credit Risk and Wealth Management, ensuring that credit risk reviews conform to regulatory guidance and RBC policy requirements.
- Supports the Directors with the execution of the risk-based annual plans and reporting to stakeholders.
- Identify and report potential weaknesses at the borrower and/or portfolio level and recommend an appropriate remediation plan to the relevant business units. Candidates will have a strong/growing understanding of credit, including changes to the regulatory and business environments.
- Implements the planned credit reviews and continuous monitoring to conclude on the effectiveness of credit risk underwriting and credit risk management, adherence to policies and procedures/processes, and ensure effective control solutions are implemented.
- Interface with internal and external stakeholders to ensure proper identification, documentation and resolution of all risks impacting the loan portfolio.
- Assists the Directors to ensure adequate, risk-based coverage of the U.S loan portfolio. Facilitate effective communication with GRM-Credit Management and the business on CRR’s evaluation of risk rating processes, credit risk frameworks, risk management practices, as well as performance in key / emerging risks.
- Offer effective challenge to management and ensure the development of appropriate management action plans to address identified Issues, deficiencies, and CRR risk rating changes. Ensure timely, effective implementation of corrective actions.
Data Analytics and Technology:
- Continually build understanding of key / emerging risks related to credit risk in order to help expand data analytics in our credit risk review approach.
- Support the team by seeking out opportunities for the effective use of data analytics and visualization tools
Stakeholder Relationships:
- Engages team members, executives, regulators, auditors, as needed to facilitate proactive and ongoing monitoring and insights.
- Participates in highly sensitive situations with high-impact outcomes (with stakeholders) that could have material impact on the department, and appropriately escalates enterprise observations/issues to the CRR management.
- Communicate trends in credit risk issues to senior management on the results of ongoing reviews
- Engages collaboratively with 3rd Line, Internal Audit colleagues as needed.
What do you need to succeed?
Must haves
- Minimum of seven years of experience in wholesale credit in an underwriting, adjudication, credit risk review, audit, consulting, or regulatory capacity
- Experience managing reviews or complex projects involving multiple team members and stakeholders
- Thorough knowledge of various capital markets lending products
- Strong negotiation, oral and written communication skills
- Ability to work collaboratively and productively with various internal and external stakeholders
Nice to Have
- Regulatory background in a supervision and regulation role is also applicable
- Graduate degree (e.g. Master of Business Administration, Master of Science in Finance, Master of Science in Economics etc.)
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
#LI-POST
Job Skills
Business Data Analysis, Credit, Credit Analysis, Credit Risk Management, Credit Risk Review, Credit Risks, Critical Thinking, Database Queries, Data Visualization, Decision Making, Leadership, Researching, Risk Assessments, Risk Management, Risk Ratings
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:
INTERNAL AUDIT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-08-29
Application Deadline:
2025-09-29
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.
Associate Director, Credit Risk Review
Top Benefits
About the role
Job Description
What is the Opportunity?
As a Subject Matter Expert and Examiner-in-Charge (EIC) within U.S. Credit Risk Review (CRR) , you will provide independent, objective assessment and evaluation on the effectiveness and adequacy of credit risk management practices, internal controls, credit risk ratings and corporate governance processes at RBC focusing on Wholesale and Wealth Management portfolios. Key stakeholders include 1st and 2nd line of defense bankers, RBC executives, regulators, auditors, as well as, ultimately, the U.S. Risk Committee. The successful candidate will lead and participate in a variety of assignments including Target Reviews, Continuous Monitoring Reviews, Risk Assessments, and other ad hoc credit projects.
What Will You Do?
Leadership
- Serve as Examiner-in-Charge for Target and Continuous Monitoring Reviews
- Provide coaching, mentorship, and performance feedback to more junior team members
Credit Risk Review Practice
- Lead and participate in the execution of CRR reviews related to Wholesale Credit Risk and Wealth Management, ensuring that credit risk reviews conform to regulatory guidance and RBC policy requirements.
- Supports the Directors with the execution of the risk-based annual plans and reporting to stakeholders.
- Identify and report potential weaknesses at the borrower and/or portfolio level and recommend an appropriate remediation plan to the relevant business units. Candidates will have a strong/growing understanding of credit, including changes to the regulatory and business environments.
- Implements the planned credit reviews and continuous monitoring to conclude on the effectiveness of credit risk underwriting and credit risk management, adherence to policies and procedures/processes, and ensure effective control solutions are implemented.
- Interface with internal and external stakeholders to ensure proper identification, documentation and resolution of all risks impacting the loan portfolio.
- Assists the Directors to ensure adequate, risk-based coverage of the U.S loan portfolio. Facilitate effective communication with GRM-Credit Management and the business on CRR’s evaluation of risk rating processes, credit risk frameworks, risk management practices, as well as performance in key / emerging risks.
- Offer effective challenge to management and ensure the development of appropriate management action plans to address identified Issues, deficiencies, and CRR risk rating changes. Ensure timely, effective implementation of corrective actions.
Data Analytics and Technology:
- Continually build understanding of key / emerging risks related to credit risk in order to help expand data analytics in our credit risk review approach.
- Support the team by seeking out opportunities for the effective use of data analytics and visualization tools
Stakeholder Relationships:
- Engages team members, executives, regulators, auditors, as needed to facilitate proactive and ongoing monitoring and insights.
- Participates in highly sensitive situations with high-impact outcomes (with stakeholders) that could have material impact on the department, and appropriately escalates enterprise observations/issues to the CRR management.
- Communicate trends in credit risk issues to senior management on the results of ongoing reviews
- Engages collaboratively with 3rd Line, Internal Audit colleagues as needed.
What do you need to succeed?
Must haves
- Minimum of seven years of experience in wholesale credit in an underwriting, adjudication, credit risk review, audit, consulting, or regulatory capacity
- Experience managing reviews or complex projects involving multiple team members and stakeholders
- Thorough knowledge of various capital markets lending products
- Strong negotiation, oral and written communication skills
- Ability to work collaboratively and productively with various internal and external stakeholders
Nice to Have
- Regulatory background in a supervision and regulation role is also applicable
- Graduate degree (e.g. Master of Business Administration, Master of Science in Finance, Master of Science in Economics etc.)
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
#LI-POST
Job Skills
Business Data Analysis, Credit, Credit Analysis, Credit Risk Management, Credit Risk Review, Credit Risks, Critical Thinking, Database Queries, Data Visualization, Decision Making, Leadership, Researching, Risk Assessments, Risk Management, Risk Ratings
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:
INTERNAL AUDIT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-08-29
Application Deadline:
2025-09-29
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.