Senior Manager - Personal Lending Credit Strategy
Top Benefits
About the role
Job Description
What is the opportunity?
In this role you will support the Director of the Personal Lending Credit Strategy team in managing Personal Lending portfolio through developing and enhancing credit strategies to increase portfolio profitability.
This role gives the incumbent the opportunity to build on these skills and attributes: cross-functional mindset, understanding of consumer behaviour and RBC risk appetite, and adaptability to the dynamic credit environment. This position specializes in insight-generation through in-depth portfolio analytics, and then taking action on those insights through the development of new credit strategies.
What will you do?
- Enhance portfolio insight and management decision-making through the use of leading edge methodologies and tools to measure the current health of the portfolio and to discover opportunities, trends, and anomalies.
- Provide concise and insightful analytical support to senior management on matters relating to acquisitions and account management of personal lending products.
- Lead credit strategy development and the monitoring of strategy outcomes. The incumbent will need to recognize credit trends, determine strategy effectiveness, and provide recommendations for further enhancements.
- Support the implementation of strategies and maintain integrity of decision criteria within loan origination systems and campaign processes.
What do you need to succeed?
Must-have
- 5+ years related work experience developing risk, pricing and/or profitability models
- Prior experience with data manipulation and analytics packages such as SAS, Teradata, Tableau, Python etc.
- Strong analytical and problem solving skills including understanding of credit risk fundamentals and financial modelling
- Strong interpersonal, communication and presentation skills, with the ability to articulate a compelling business case to senior management
- University degree in a quantitative field of study (e.g., statistics, economics, business, computer science, math) – demonstrated ability to think critically, analyze data, and build financial models
**Nice-to-have **
- Knowledge of credit risk methodology, including Basel parameter estimation and/or credit/market stress testing models is an asset.
- Thorough understanding of Financial Institutions business process and risk management framework, including regulatory environment
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.
Senior Manager - Personal Lending Credit Strategy
Top Benefits
About the role
Job Description
What is the opportunity?
In this role you will support the Director of the Personal Lending Credit Strategy team in managing Personal Lending portfolio through developing and enhancing credit strategies to increase portfolio profitability.
This role gives the incumbent the opportunity to build on these skills and attributes: cross-functional mindset, understanding of consumer behaviour and RBC risk appetite, and adaptability to the dynamic credit environment. This position specializes in insight-generation through in-depth portfolio analytics, and then taking action on those insights through the development of new credit strategies.
What will you do?
- Enhance portfolio insight and management decision-making through the use of leading edge methodologies and tools to measure the current health of the portfolio and to discover opportunities, trends, and anomalies.
- Provide concise and insightful analytical support to senior management on matters relating to acquisitions and account management of personal lending products.
- Lead credit strategy development and the monitoring of strategy outcomes. The incumbent will need to recognize credit trends, determine strategy effectiveness, and provide recommendations for further enhancements.
- Support the implementation of strategies and maintain integrity of decision criteria within loan origination systems and campaign processes.
What do you need to succeed?
Must-have
- 5+ years related work experience developing risk, pricing and/or profitability models
- Prior experience with data manipulation and analytics packages such as SAS, Teradata, Tableau, Python etc.
- Strong analytical and problem solving skills including understanding of credit risk fundamentals and financial modelling
- Strong interpersonal, communication and presentation skills, with the ability to articulate a compelling business case to senior management
- University degree in a quantitative field of study (e.g., statistics, economics, business, computer science, math) – demonstrated ability to think critically, analyze data, and build financial models
**Nice-to-have **
- Knowledge of credit risk methodology, including Basel parameter estimation and/or credit/market stress testing models is an asset.
- Thorough understanding of Financial Institutions business process and risk management framework, including regulatory environment
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.