Associate Director - U.S. Credit Risk Review

RBC; Toronto; On-site; CAD 120,000 - 180,000; Full time

Benefits offered by this job

Bonuses & benefits

Coaching & development

Team environment

Flexible work-life balance

Job summary

RBC in Toronto seeks a senior Credit Risk Review professional to join the CRR team, focusing on Wholesale and Wealth Management portfolios in the United States. You will lead risk reviews, assess rating accuracy, and strengthen governance processes across the loan portfolio.

The role offers a comprehensive rewards package, leadership coaching, a high-performing team environment, and flexible work arrangements to support work-life balance.

Qualifications

• 7+ years of experience in wholesale credit-related roles (underwriting, adjudication, risk review, audit, consulting, or regulatory)
• Strong knowledge of capital markets, lending products, and regulatory guidance
• Strong negotiation and both oral and written communication skills
• Ability to manage diverse workloads, take accountability, lead, and take initiative

Responsibilities

• Lead and participate in CRR reviews of Wholesale and Wealth Management portfolios, evaluating risk rating accuracy and governance compliance
• Provide coaching and feedback to junior team members
• Execute the risk-based annual plan with CRR leadership and stakeholders
• Review borrower and portfolio-level credit risk and identify remediation actions
• Communicate findings clearly and effectively and conduct risk assessments of portfolios/industries
• Identify opportunities to leverage data and analytics to enhance CRR processes
• Collaborate with credit risk stakeholders across all three lines of defense

Skills

Credit risk analysis

Wholesale credit

Regulatory knowledge

Negotiation & communication

Education

Graduate degree (MBA / MSc Finance / MSc Economics)

Job description

Job Description

What is the Opportunity?

We have an exciting opportunity to join the Credit Risk Review (CRR) team at RBC, where you will play a critical role in providing independent and objective evaluations of credit risk management practices. Your work will help ensure the effectiveness and adequacy of internal controls, credit risk ratings and corporate governance processes - focusing on Wholesale and Wealth Management portfolios in the United States. Key stakeholders include 1st and 2nd line of defense bankers, senior leadership, regulators, and auditors.

The successful candidate will lead and participate in Target Reviews, Continuous Monitoring Reviews, Risk Assessments, and other ad hoc credit projects.

What Will You Do?

Credit Risk Review Practice

• Lead and participate in the execution of CRR reviews of the Wholesale and Wealth Management portfolios. Evaluating risk rating accuracy, underwriting and portfolio management practices, emerging risks, compliance with regulatory guidance, and compliance with RBC policies and procedures.
• Provide coaching, mentorship, and performance feedback to more junior team members
• Execute the risk-based annual plan in collaboration with CRR leadership and key stakeholders ensuring adequate, risk-based coverage of the loan portfolio
• Review borrower and portfolio-level credit risk, identify appropriate remediation actions, and communicate findings clearly and effectively. Conduct risk assessments of assigned industries/portfolios.
• Evaluate and recommend improvements to risk frameworks, governance, and internal processes
• Interface with internal and external stakeholders to ensure proper identification, documentation and resolution of all risks impacting the loan portfolio
• Identify opportunities to leverage data and analytics to enhance CRR processes
• Collaborates with credit risk stakeholders across all three lines of defense

What do you need to succeed?

Requirements

• 7+ years of experience in wholesale credit in an underwriting, adjudication, credit risk review, audit, consulting, and/or regulatory capacity
• Strong knowledge of capital markets, lending products, and regulatory guidance
• Strong negotiation, oral and written communication skills
• Ability to handle a diverse workload, accept accountability, assume leadership and demonstrate initiative

Nice to Have

• Graduate degree (e.g. Master of Business Administration, Master of Science in Finance, Master of Science in Economics etc.)
• Regulatory background in a supervision and regulation role

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

Job Skills

Artificial Intelligence (AI), Business Data Analysis, Credit Analysis, Critical Thinking, Database Queries, Data Visualization, Decision Making, Long Term Planning, Operational Delivery, Quantitative Methods, Risk Management

Additional Job Details

Address: 20 KING ST W:TORONTO

City: Toronto

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: INTERNAL AUDIT

Job Type: Regular

Pay Type: Salaried

Posted Date: 2026-09-03

Application Deadline: 2026-10-02

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.