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Form of workJob Summary
Job Description
What is the opportunity?
You will support business units to fulfil their specific targets and objectives through the application of disciplined risk management processes.
This is a platform for you to gain an understanding of risk management and credit coverage management within RBC, with respect to Commercial Banks, Sovereigns/Central Banks/Agencies, and Supranational clientele.
What will you do?
Risk identification
- Gain working knowledge on how to analyze risk and collaborate with team members and risk partners to produce:
- Risk assessment reviews (“RAFs”) which recommend the appropriate borrower risk rating (BRR)
- Annual reviews of counterparty limits / relationship
- Supporting analysis including peer group comparisons
- Participation in the continuous monitoring process of counterparty and portfolio risks and building expertise in regard to:
- RBC policies and guidelines
- Operational risks/controls identification
Portfolio Management
- Contribute to the production of portfolio statistics and management information reports in a timely and accurate manner (ad hoc and regularly scheduled) such as quarterly reporting, country exposure updates, peer reviews, stress testing, etc.)
- Proactively contribute to efforts to innovate and improve efficiency
Transaction support
- Participate in the management of trading and non-trading credit risks (from a First line of Defense perspective) within a portfolio of internationally-based clients
- Participate in day-to-day management of Client Credit issues including excesses, urgent requests and reallocations
- Participate in the end-to-end on-boarding process to ensure counterparties have fulfilled all regulatory and legal requirements needed to support credit activities
What you need to succeed?
Must-haves
- University degree or equivalent relevant experience in Finance, Engineering, Science or Math desirable
- Minimum 1 year financial institution / banking industry experience
- Work experience in a Back Office or Middle Office considered an asset
- Advanced data management skills including proficiency with MS Office
- Ability to establish priorities and manage tasks with accompanying attention to detail
- Ability to interpret, explain and communicate opinions and recommendations using strong verbal and written skills
Nice-to-have
- Familiarity and basic understanding of trading products including FX, swaps and securities finance and non-trading products such as trade finance letters of credit and nostro limits (Training will be provided)
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.
- 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, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Taking Initiative, TeamworkAdditional Job Details
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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.
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