Associate/Analyst - Ratings & Monitoring

RBC; Toronto; Hybrid; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a motivated Associate/Analyst to join their Ratings and Monitoring team. This exciting role involves assessing credit ratings, ensuring compliance, and collaborating with various internal stakeholders. You will develop your expertise while mentoring junior analysts and contributing to a dynamic team environment. With a focus on professional growth, the company offers a comprehensive rewards program and opportunities for career advancement. If you are passionate about finance and eager to make a significant impact, this position is perfect for you.

Benefits

Performance-based bonuses

Flexible benefits

Competitive compensation packages

Career development opportunities

Collaborative team environment

Qualifications

• 3-5 years experience in credit risk and financial analysis.
• Strong credit and analytical skills with ability to assess financial statements.

Responsibilities

• Manage and monitor credit risk of a portfolio of US public finance borrowers.
• Conduct research and analyze financial statements for credit assessments.

Skills

Credit Risk Assessment

Financial Analysis

Analytical Skills

Communication Skills

Teamwork

Adaptability

Education

Bachelor's Degree

Master's Degree (MBA, CFA, CPA)

Tools

MS Office Suite

Database Software

S&P

Capital IQ

Moody's

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 primarily US public finance 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
• Experience in the securitization / asset backed commercial paper industry

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:

2025-05-07

Application Deadline:

2025-05-21

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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