Associate/Analyst, Ratings and Monitoring

RBC; Toronto; On-site; CAD 65,000 - 85,000; Full time

Job summary

A leading financial institution is seeking an Associate/Analyst for the Ratings and Monitoring team in Toronto. The role involves assessing credit ratings, managing risk, and mentoring junior analysts. Candidates should possess strong analytical skills and relevant experience in credit risk.

Benefits

Comprehensive Total Rewards Program

Performance-based bonuses

Flexible benefits

Competitive compensation packages

Opportunities for accelerated career growth

Qualifications

• 3-5 years knowledge and experience in credit risk and/or financial analysis.
• Excellent verbal and written communication skills.

Responsibilities

• Manage and monitor credit risk of a portfolio of corporate Borrowers.
• Conduct research, analyze financial statements and develop financial projections.

Skills

Adaptability

Critical Thinking

Customer Service

Detail-Oriented

Financial Engineering

Financial Statement Analysis

Investments Analysis

Personal Development

Personal Initiative

Teamwork

Education

Master’s level accreditation

Tools

MS Office Suite

database software

Job description

Job Summary

Job Description

What is the opportunity?

As an Associate / Analyst on the Ratings and Monitoring team, you will be responsible for assessing credit ratings of Capital Markets borrowers, verifying covenant compliance, monitoring company and industry developments and identifying key risk events. The role will require you to develop industry expertise and collaborate with internal stakeholders across several sectors of the Business; including Adjudication, Corporate Banking, Global Credit and other Capital Markets areas. This role also requires you to pay-it-forward, as such you are expected to coach and mentor junior risk analysts.

What will you do?

For the assigned portfolio, you will be responsible for:

• Managing and monitoring credit risk of a portfolio of corporate Borrowers, which includes identifying key credit events, reviewing / refreshing credit risk ratings at a minimum on an annual basis;
• Participate in team deliverable targets with respect to regulatory / audit requests;
• Ensure borrower’s compliance of terms and conditions of credit agreement;
• Develop expertise in assigned portfolio, policies and guidelines, and provide value added advice to internal partners;
• Conduct research, analyze financial statements and develop financial projection; and
• Collaborate cross-teams and with our business partners.

What do you need to succeed?

Must-Have:

• Self-motivated with a combination of strong credit and analytical skills
• Ability to critically assess financial statements and other client reports and draw reasoned conclusions
• Excellent verbal and written communication skills
• Ability to work effectively within a team environment.
• 3-5 years knowledge and experience in credit risk and/or financial analysis
• High degree of computer literacy: MS Office Suite, database software, and electronic tools for on-line research

Please also note that this is a Toronto based role where there is a minimum expectation of 2-3 days in the office. The successful candidate may be at either Associate or Analyst level depending on background/fit.

Nice-To-Have:

• Academic background with a Master’s level accreditation: usually an MBA, CFA, CPA or other professional designation
• Experience with S&P, Capital IQ, Moody’s

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 performance-based bonuses, flexible benefits, competitive compensation packages
• Leaders who prioritize development and provide opportunities for accelerated career growth
• Work in a dynamic, collaborative, progressive, and high-performing team
• Ability to make a difference and lasting impact

Job Skills

Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal 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:

2025-05-06

Application Deadline:

2025-05-20

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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