Manager, Personal Lending Credit Strategy
Top Benefits
About the role
What is the opportunity?
As Manager, Personal Lending (PL) Credit Strategy, you are primarily responsible for developing credit strategies using advanced analytics for PL products as well as improving profitability by recommending solutions that balance risk, reward, operational efficiency, and customer impact. You will work to support the business targets for growth, while ensuring appropriate risk mitigation strategies are in place and the overall quality of the portfolio is maintained
What will you do?
- Support the Senior Manager in designing credit strategies covering PL products, including proactive campaigns, account management and exposure management, ensuring adequacy of risk and return as well as regulatory and internal compliance through comprehensive data analysis and predictive financial and credit modeling.
- Support the Senior Manager in bespoke risk deep dives to address concerns raised from the senior management teams, leveraging advanced data analytics and visualization.
- Presenting results of your analysis and recommendations with stakeholders and senior management in Group Risk Management, Product teams, and Collections to understand and propose new strategies designed to help achieve business targets as well as obtain approval of credit strategies with concise rationale supported by comprehensive analysis and documentation.
- Identify and recommend opportunities, and drive initiatives that will enhance strategy and portfolio performance or improve existing processes.
- Develop and manage performance monitoring and reporting for relevant strategies and customer segments, in order to enable actionable insight for key stakeholders, including Group Risk Management.
- Support new strategy development with advanced analytics and data science.
- Engage cross-functional stakeholders across Product, Sales, Operations and Risk Management.
- End-to-end project management, from idea conception, solution design, stakeholder buy-in to implementation and monitoring.
What do you need to succeed?
Must-have
- Bachelor or Master’s degree in Computer Science, Statistics, Mathematics, Economics, Engineering, or other quantitative field of study.
- Expert critical thinker and problem-solver
- Proficient in Excel, SQL, SAS and Python and code management best practices
- Experience with data visualization tools such as Tableau
- Proven experience in delivering high quality and accurate work with the ability to multitask and managing priorities
- Effective and conversant in both business and technical communications
Nice-to-have
- Experience in financial services industry with broad understanding of risk management, credit strategy, and analytics
- Knowledge of Personal banking products
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
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.
Manager, Personal Lending Credit Strategy
Top Benefits
About the role
What is the opportunity?
As Manager, Personal Lending (PL) Credit Strategy, you are primarily responsible for developing credit strategies using advanced analytics for PL products as well as improving profitability by recommending solutions that balance risk, reward, operational efficiency, and customer impact. You will work to support the business targets for growth, while ensuring appropriate risk mitigation strategies are in place and the overall quality of the portfolio is maintained
What will you do?
- Support the Senior Manager in designing credit strategies covering PL products, including proactive campaigns, account management and exposure management, ensuring adequacy of risk and return as well as regulatory and internal compliance through comprehensive data analysis and predictive financial and credit modeling.
- Support the Senior Manager in bespoke risk deep dives to address concerns raised from the senior management teams, leveraging advanced data analytics and visualization.
- Presenting results of your analysis and recommendations with stakeholders and senior management in Group Risk Management, Product teams, and Collections to understand and propose new strategies designed to help achieve business targets as well as obtain approval of credit strategies with concise rationale supported by comprehensive analysis and documentation.
- Identify and recommend opportunities, and drive initiatives that will enhance strategy and portfolio performance or improve existing processes.
- Develop and manage performance monitoring and reporting for relevant strategies and customer segments, in order to enable actionable insight for key stakeholders, including Group Risk Management.
- Support new strategy development with advanced analytics and data science.
- Engage cross-functional stakeholders across Product, Sales, Operations and Risk Management.
- End-to-end project management, from idea conception, solution design, stakeholder buy-in to implementation and monitoring.
What do you need to succeed?
Must-have
- Bachelor or Master’s degree in Computer Science, Statistics, Mathematics, Economics, Engineering, or other quantitative field of study.
- Expert critical thinker and problem-solver
- Proficient in Excel, SQL, SAS and Python and code management best practices
- Experience with data visualization tools such as Tableau
- Proven experience in delivering high quality and accurate work with the ability to multitask and managing priorities
- Effective and conversant in both business and technical communications
Nice-to-have
- Experience in financial services industry with broad understanding of risk management, credit strategy, and analytics
- Knowledge of Personal banking products
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
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.