Vice President , Global Credit - ICCM

RBC; Toronto; On-site; CAD 90,000 - 150,000; Full time

Job summary

An established industry player is seeking a Vice President to lead a dynamic team in managing a trading credit portfolio. This role involves evaluating credit risks, structuring transactions, and collaborating with various teams to optimize revenues. The ideal candidate will have extensive experience in credit analysis and a strong understanding of global trading products. You'll have the opportunity to work in a fast-paced environment, drive client strategies, and contribute to revenue growth while fostering relationships across the organization. This is a fantastic opportunity for career advancement in a supportive and inclusive workplace.

Benefits

Comprehensive Total Rewards Program

Flexible Benefits

Competitive Compensation

Career Growth Opportunities

Qualifications

• 10+ years of credit experience in financial institutions.
• Strong knowledge of global trading products.
• Experience with trading documentation negotiation.

Responsibilities

• Manage a team overseeing a trading credit portfolio.
• Evaluate and screen requests for credit transactions.
• Maintain relationships with internal stakeholders.

Skills

Credit Analysis

Negotiation

Leadership

Interpersonal Skills

Analytical Thinking

Communication

Time Management

Education

Honours B.A. or B. Comm.

MBA or CFA

Tools

MS Word

MS Excel

MS PowerPoint

Job description

Job Summary

Job Description

What is the opportunity?

As a Vice President, you will manage a team of professionals overseeing a trading credit portfolio and facilitating transactions originated by RBC Capital Markets (CM). Your responsibilities include partnering with CM to identify and recommend suitable counterparties, evaluating and screening requests, preparing risk assessments, coordinating documentation, structuring credit mitigation, and optimizing revenues. Additionally, you will maintain relationships with RBC CM coverage professionals, Group Risk Management, and other stakeholders to meet client needs promptly and develop client relationships to enhance credit management and business opportunities.

What will you do?

1. Manage a team of professionals.
2. Proactively manage counterparty credit risks supporting RBC CM business.
3. Prepare transaction requests efficiently for Global Markets credit activities, including seeking and defending business limits and assisting with KYC/AML and regulatory onboarding.
4. Develop client strategies to improve client experience and support revenue growth.
5. Maintain a strong understanding of RBC trading policies and guidelines.
6. Foster relationships with CM sales and trading teams globally to facilitate transactions and maximize business opportunities.
7. Collaborate with Group Risk Management, Law Group, and other internal teams.
8. Conduct due diligence and financial analysis of counterparties and industry data for credit proposals.
9. Provide market intelligence for risk assessment using various sources.
10. Support credit review processes and ensure compliance with credit limits and policies.
11. Manage a portfolio of trading counterparties.
12. Assist sales and relationship teams with business development strategies aligned with policies.
13. Contribute to structuring and monitoring credit requests and facilities, supporting revenue generation and risk management.
14. Ensure timely receipt and processing of client data.
15. Build and maintain relationships with internal stakeholders, including sales, risk management, legal, and client success teams.

What do you need to succeed?

Must Have's

• Educational background: Honours B.A. or B. Comm., with preferred postgraduate qualifications such as MBA or CFA.
• Minimum of 10 years' credit experience within financial institutions, including credit and risk management roles.
• Knowledge of global trading products (FX, Rates, Equities, Fixed Income).
• Strong credit analysis skills.
• Experience negotiating trading documentation (e.g., ISDA, GMRA) and reviewing legal documents.
• Understanding of various client types and industries.
• Leadership, analytical, critical thinking, communication, interpersonal, teamwork, organizational, and time management skills.
• Proficiency in MS Word, Excel, PowerPoint, research, financial statement analysis, and legal documentation review.
• Effective client management skills.

What’s in it for you?

We offer a comprehensive Total Rewards Program including bonuses, flexible benefits, and competitive compensation. You will have opportunities to engage in challenging work, collaborate with high-performing teams, and gain exposure to sales, trading, and risk management professionals. There are opportunities for increased responsibilities and career growth.

Job Skills

Competitive Capability, Financial Engineering, Interpersonal Relationship Management, Investment Banking, Investment Banking Analysis, Investment Consulting, Product Services, Results-Oriented, Strategic Thinking, Team 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: CAPITAL MARKETS

Job Type: Regular

Pay Type: Salaried

Posted Date: 2025-05-07

Application Deadline: 2025-05-22

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

Inclusion and Equal Opportunity Employment

At RBC, we believe a diverse and inclusive workplace fosters growth and innovation. We are committed to supporting our employees and creating a respectful environment that promotes belonging and opportunity for all.

Join our Talent Community

Stay informed about career opportunities at RBC by signing up for our Talent Community. Visit jobs.rbc.com to learn more about how we are creating a future together.