Associate Director, Wholesale & Commercial Credit Risk

RBC; Toronto; On-site; CAD 140,000 - 190,000; Full time

Job summary

RBC is seeking an Associate Director for Commercial & Wholesale Credit Risk to adjudicate a portfolio of large corporate accounts across Capital Markets, Corporate Client Group and Commercial Real Estate. The role offers exposure to multiple real estate markets, asset classes and lending structures.

You will assess borrower risk, perform in-depth credit analysis, and deliver timely, well-communicated recommendations while collaborating with internal stakeholders and adapting to market changes.

Qualifications

• Comprehensive understanding of financial statements and financial analysis experience.
• Strong written and verbal communication with ability to articulate recommendations.
• Advanced Excel skills for financial modelling and analysis.
• Ability to work under tight timelines and manage priorities.
• Experience with real estate financing, valuation, and corporate lending a plus.

Responsibilities

• Provide risk decisions balancing client needs with RBC risk objectives.
• Conduct credit analysis using RAF submissions to assess BRRs.
• Deliver timely credit decisions with clear rationale.
• Maintain relationships with front-line originators and internal partners.
• Monitor borrower performance through financials and market dynamics.
• Contribute to enterprise projects to enhance risk frameworks.

Skills

Financial analysis

Advanced communication

Analytical mindset

Collaboration

Risk management

Education

MBA

CPA

CFA

Tools

Excel

Bloomberg

Capital IQ

SNL

Moody's / Fitch

Job description

What is the opportunity?

Commercial & Wholesale Credit Risk provides independent risk assessment and adjudication for RBC’s large corporate clients. In the Associate Director role, you will be responsible for adjudicating a portfolio of accounts including clients across the Capital Markets, Corporate Client Group and Commercial Real Estate business lines. The position offers a unique opportunity to develop a broad understanding of multiple real estate markets, asset classes and lending structures.

Job Description

What is the opportunity?

Commercial & Wholesale Credit Risk provides independent risk assessment and adjudication for RBC’s large corporate clients. In the Associate Director role, you will be responsible for adjudicating a portfolio of accounts including clients across the Capital Markets, Corporate Client Group and Commercial Real Estate business lines. The position offers a unique opportunity to develop a broad understanding of multiple real estate markets, asset classes and lending structures.

The Associate Director, Commercial & Wholesale Credit Risk will be responsible for adjudicating a portfolio of large corporate accounts and implementing effective and timely credit risk recommendations for companies across RBC’s commercial real estate portfolio.

What will you do?

• Provide risk decisioning that balances client credit needs with RBC’s risk objectives
• Perform comprehensive credit analysis via Risk Assessment Framework (“RAF”) submissions to establish, review, and approve changes to Borrower Risk Ratings (“BRRs”)
• Deliver consistent, timely credit decisions with clear communication of rationale
• Build and maintain close relationships with key internal stakeholders, including front-line credit originators
• Monitor borrower performance through continuous oversight of financial information, regulatory changes and real estate market dynamics
• Participate in enterprise projects to enhance internal risk frameworks and processes

What do you need to succeed?

Must-Have

• Comprehensive understanding of financial statements and demonstrated experience in financial analysis
• Advanced communication skills, including a proven ability to articulate recommendations
• Significant experience with Excel as a tool for financial analysis and the ability to navigate a financial model
• Analytical and curious mindset with the ability to identify key details while filtering out extraneous information
• Ability to deal with obstacles and ambiguity in an environment that can involve competing priorities and tight timelines
• Ability to work collaboratively to develop effective solutions/recommendations and build strong rapport with business partners
• Previous experience in real estate (financing, valuation, assessment, etc.), corporate lending, credit structuring, and/or finance

Nice-to-Have:

• Completed, or in process of completing, an MBA and/or post graduate degree, CPA and/or CFA
• Experience with online research tools (Bloomberg, SNL, Capital IQ, S&P/Moody's/Fitch ratings)
• Knowledge of financial institution risk policies and governance frameworks

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 team-oriented environment with a focus on learning and development
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• RBC is committed to supporting flexible work arrangements when and where available. Details to be discussed with Manager.

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: 2026-11-06

Application Deadline: 2026-11-14

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.