Sr. Associate -Credit Transaction Review

RBC; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

RBC is seeking a Sr. Associate for Credit Transaction Review in Toronto, where you will ensure timely completion of credit reviews in collaboration with regional credit teams. The role offers opportunities to enhance your skills in financial analysis and contribute to managing credit risk effectively.

Benefits

Opportunities for challenging work

Close relationships with colleagues and clients

Exposure to global WM platform

Qualifications

• 3+ years of credit underwriting experience required.
• Strong interpersonal and communication skills in English.
• Knowledge of various collateral types such as cash and marketable securities.

Responsibilities

• Conduct credit reviews, including financial analysis and risk rating.
• Partner with regional teams to gather information for credit review.
• Identify and escalate concerns regarding credits presenting heightened risk.

Skills

Credit Analysis

Credit Reporting

Financial Statement Analysis

Risk Assessment

Education

Degree or diploma in Finance, Business, Economics

Job description

Sr. Associate -Credit Transaction Review

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What is the opportunity?

As Senior Associate, Credit Transaction Review, you will join a team of credit professionals working to ensure the timely completion of assigned credit reviews of borrowing relationships within the Global Wealth Management credit book, by working in collaboration with the regional credit teams and client relationship managers.

Job Summary

Job Description

What is the opportunity?

As Senior Associate, Credit Transaction Review, you will join a team of credit professionals working to ensure the timely completion of assigned credit reviews of borrowing relationships within the Global Wealth Management credit book, by working in collaboration with the regional credit teams and client relationship managers.

What will you do?

• Credit reviews to include: financial analysis and risk rating of borrower and guarantor (if applicable), collateral review and analysis, determination of covenant compliance, documentation review.
• Ensure exceptions to policy are properly identified, approved, and monitored.
• Partner with regional credit team and Relationship Managers where appropriate to gather all relevant information to conduct credit review.
• Raise concerns / issues surrounding individual credits that present a heightened risk to the firm’s balance sheet.
• Highlight and escalate to manager any credit writing deficiencies noted upon completion of annual reviews and make proposals to avoid such deficiencies going forward.
• Participate in ad hoc projects as requested by manager including projects to improve the data integrity of credit reporting and suggest systematic improvements to improve efficiencies within the credit management processes and work flow.
  
  

What do you need to succeed?

Must Have

• Degree or diploma from an accredited university or college in Finance, Business, Economics or related experience
• 3+ years of credit underwriting experience; solid risk assessment/credit experience
• Strong interpersonal, verbal and written communication skills in the English language
• Knowledge of various collateral types including, cash, marketable securities/investment products, real estate, and insurance-secured transactions.
  
  

Nice to Have

• Proven successful experience with and understanding of securities based lending, mortgages and life insurance financing.
• Displays sound independent judgment with strong understanding of legal/documentation risks as well as well-versed in credit control requirements and processes with ability to deliver results under pressure.
• Demonstrated ability to proactively manage deadlines and work within a dynamic and fast-paced environment.
• Excellent computer skills with advanced knowledge of computing systems and spreadsheets including formulas and calculations
  
  

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.

• Opportunities to do challenging work, and to gain wide breadth of exposure in the Credit Management and Monitoring Credit Risk space, Compliance as well as other aspects of product, financial, project and Credit risk.
• Gain a breadth of experience and exposure to the global WM platform
• Opportunities to take on progressively greater accountabilities
• Opportunities to building close relationships with colleagues and clients
  
  

Job Skills

Credit Analysis, Credit Reporting, Credit Reviews, Credit Risks, Financial Statement Analysis

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-05-27

Application Deadline:

2025-06-10

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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Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Banking and Financial Services

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