Senior Manager - Credit

Royal Bank of Canada; Burlington; On-site; CAD 80,000 - 100,000; Full time

Job summary

A major financial institution is seeking a Senior Manager to lead the RCAP Leasing Credit Team in Burlington, Canada. This pivotal role involves overseeing the credit adjudication process and ensuring adherence to company policies while managing a team. The ideal candidate will have extensive experience in credit risk management, strong leadership skills, and a focus on team development. Competitive compensation and an opportunity to make a significant impact in the financial sector are offered.

Benefits

Dynamic and collaborative work environment

Opportunities for professional development

Ability to make a lasting impact

Qualifications

• Minimum 5 years of experience in credit risk management or leasing.
• Strong knowledge of credit risk management principles and regulatory requirements.
• Ability to work in a fast-paced environment and make informed decisions.

Responsibilities

• Oversee credit adjudication process for leasing applications.
• Lead and develop a team of credit adjudicators.
• Implement credit policies aligned with the company's risk appetite.

Skills

Credit risk management

Leadership and management

Communication skills

Analytical skills

Problem-solving skills

Education

Bachelor's degree in Business Finance or a related field

Job description

Overview

What is the opportunity

We are seeking an experienced and skilled Senior Manager to lead the RCAP Leasing Credit Team. The successful candidate will be responsible for overseeing the credit adjudication process for leasing applications ensuring that all credit decisions are made in accordance with company policies and procedures and that the team provides exceptional service to our vendor / broker partners and stakeholders.

Responsibilities

• Credit Adjudication: Oversee the credit adjudication process ensuring that all leasing applications are reviewed and decided upon in a timely and efficient manner.
• Risk Management: Identify, assess and mitigate credit risk to minimize losses and ensure RCAPs risk exposure is managed effectively.
• Team Management: Lead, motivate and develop a team of credit adjudicators to ensure that they have the necessary skills and knowledge to make informed credit decisions.
• Performance Management: Monitor and manage team performance providing feedback, coaching and development opportunities to ensure that team members are meeting their goals and objectives.
• Credit Policy Implementation: Implement and maintain credit policies and procedures to ensure that they are aligned with the companys risk appetite and regulatory requirements.
• Process Improvement: Continuously review and improve credit adjudication processes to ensure that they are efficient, effective and aligned with industry best practices.
• Regulatory Compliance: Ensure that the team is aware of and complies with all relevant regulatory requirements including anti-money laundering (AML) and know-your-customer (KYC) regulations.
• Reporting and Analytics: Provide regular reporting and analytics to stakeholders on credit performance trends and issues and make recommendations for improvement.

What you need to succeed

Must-have

• Bachelors degree in Business Finance or a related field
• Minimum 5 years of experience in credit risk management, leasing or a related field
• Proven leadership and management experience with a focus on team development and performance management
• Strong knowledge of credit risk management principles, leasing products and regulatory requirements
• Excellent communication, interpersonal and problem-solving skills
• Ability to work in a fast-paced environment and make informed decisions in a timely manner
• Strong analytical and reporting skills with experience in data analysis and interpretation

Nice to Have

• Familiarity with Credit Scoring and collaborating with a team of scorecard experts
• Familiar with small ticket and mid - large ticket assets and how to lend while balancing risk vs. reward
• Familiarity with collaborating with Senior Sales on discussing new programs

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.

• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive and high-performing team
• Opportunities to do challenging work

Job Skills

Alternative Assessments Coaching Others Confidentiality Credit Analysis Employee Development Planning Ethical Business Financial Statement Analysis Information Capture Long Term Planning New Initiatives Personal Initiative Process Management Risk Management Standard Operating Procedure (SOP) Taking Ownership

Additional Job Details

• Address: 5575 NORTH SERVICE RD, BURLINGTON
• City: Burlington
• Country: Canada
• Work hours / week: 37.5
• Employment Type: Full time
• Platform: PERSONAL & COMMERCIAL BANKING
• Job Type: Regular
• Pay Type: Salaried
• 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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