Associate Director, GRM

RBC; Toronto; On-site; CAD 120,000 - 170,000; Full time

Job summary

RBC is seeking a seasoned professional for Group Risk Management – Commercial & Wholesale Credit in Toronto. You will assess risk on transactions across Capital Markets, Corporate Client Group, and Commercial activities, guiding deal structures to mitigate key risk concerns.

You will review requests, term sheets, and risk assessments, ensuring timely decisions and strong risk/return balance while monitoring borrower performance and financial signals.

Qualifications

• Minimum 5 years of experience in a financial institution, preferably lending.
• Knowledge of loan and trading credit products with ability to build internal/external relationships.
• Excel as a tool for financial analysis, and strong financial statement analysis.
• Analytical and intellectually curious mindset.
• Ability to develop solutions on tight timelines.
• Strong written and presentation communication skills.

Responsibilities

• Work with the business at early stages on risk of new transactions and guide deal structure.
• Review transaction requests, term sheets, and risk assessments within timelines; highlight exceptions.
• Ensure balance between risk and return in decisions.
• Review and adjudicate financial models and monitor borrower performance.

Skills

Analytical thinking

Communication skills

Financial analysis

Financial modelling

Risk assessment

Stakeholder management

Education

Postgraduate degree

Accounting designation

CFA

Tools

Excel

Job description

Job Description

What is the opportunity?

Group Risk Management – Commercial & Wholesale Credit focuses on risk assessment and adjudication of Capital Markets, Corporate Client Group, and Commercial transactions across the globe.

What will you do?

• Work closely with the business at early stages on the risk aspects of any new transaction under consideration and provide direction and guidance as required to ensure the eventual deal structure adequately mitigates key risk concerns
• Review Transaction Requests, term sheets, and risk assessments within agreed timelines and/or turn-around benchmarks; highlight exceptions to applicable policies and guidelines; and suggest enhancements
• Ensure an appropriate balance between Risk and Return
• Review and adjudicate financial models and assist in continuous oversight of borrower’s business and financial performance through monitoring of financial and industry information, regulatory changes, third-party analysis including rating agency publications, and other early warning signals

What do you need to succeed?

Must-Haves

• Minimum 5 years of experience working in a financial institution, preferably in lending
• Good understanding of loan and trading credit products with a proven track record of building effective relationships with internal/external stakeholders
• Significant experience with Excel, including as a tool for financial analysis and a good understanding of financial modelling and financial statement analysis
• Analytical and intellectually curious mindset
• Ability to deal with obstacles and work to develop effective solutions/recommendations on tight timelines
• Strong communication skills (both written and presentation) and ability to work with others in a collaborative manner

Nice-to-Haves

• Postgraduate degree, accounting designation and/or CFA
• Interest in pursuing a career in credit risk management
• Industry knowledge and experience

What is in it for you?

We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to take on progressively greater accountabilities

Job Skills

Accounting Finance, Asset and Liability Management (ALM), Commercial Loan Review, Confidentiality, Credit Analysis, Customer Service, Customer Success, Detail-Oriented, Financial Statement Analysis, Risk Management

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

GROUP RISK MANAGEMENT

Job Type

Regular

Pay Type

Salaried

Posted Date

2026-07-03

Application Deadline

2026-09-14

Note

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

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.