Associate Director, Credit Risk Manager

RBC; New York (NY); On-site; USD 120,000 - 200,000; Full time

Benefits offered by this job

Bonuses

Flexible benefits

Stock where applicable

Job summary

RBC in New York is seeking a seasoned risk professional to evaluate commercial loan requests, analyze credit histories and financial statements, and determine risk-adjusted approvals. You will develop complex financial models (income, balance sheet, cash flow) to assess profitability, provide timely risk ratings, and ensure adherence to policies.

The role operates within Group Risk Management, offering a high-performance, collaborative environment with discretionary compensation opportunities.

Qualifications

• Bachelor degree required.
• 5-8 years of related work experience in risk management or corporate banking.
• Two years of experience developing financial models and performing credit risk analysis.
• Strong communication and reporting skills.

Responsibilities

• Reviews credit history, profitability and liquidity of clients to assess risk.
• Consults with customers to verify financial transactions and resolves inquiries.
• Communicates with credit associations and authorities about credit history.
• Analyzes financial data to determine financial status and profitability of loans.
• Work with business on risk aspects of new transactions and provide guidance on deal structure.
• Review strategies and risk ratings to meet regulatory and business requirements.
• Prepare peer group comparisons from business and financial perspectives.
• Develop complex financial models (income, balance sheet, cash flow, breakeven, sensitivity).
• Monitor business and financial performance using external signals and regulatory events.
• Ensure timeliness and accuracy of classification/watch reports.
• Mentor junior staff and support continuous process improvement.

Skills

Accounting

Finance

ALM

Commercial Loan Review

Confidentiality

Credit Analysis

Customer Service

Customer Success

Detail-Oriented

Financial Statement Analysis

Risk Management

Education

Bachelor's degree

Tools

Word

Excel

Database software

Job description

What is the Opportunity?

Evaluates commercial loan requests by reviewing applicants' credit histories and analyzing financial statements in order to approve or deny loan applications. Applies extensive, in-depth knowledge, skills, and practices to perform complex assignments

Job Description

Evaluates commercial loan requests by reviewing applicants' credit histories and analyzing financial statements in order to approve or deny loan applications. Applies extensive, in-depth knowledge, skills, and practices to perform complex assignments

What will you do?

• Reviews the credit history, profitability and liquidity of clients to assess the risk level involved in credit extension or money lending.
• Consults with customers to verify financial and credit transactions; responds to customer inquiries and resolves customer complaints.
• Communicates with credit associations and other relevant authorities about the credit history of customers.
• Analyzes financial data to determine customers' financial status and the expected profitability of commercial loans; recommends approval or denial of loan applications.
• At an early stage, work closely with the business on the risk aspects of new transactions under consideration and provide direction and guidance as required to ensure the eventual deal structure adequately mitigates key risk concerns.
• Review Single Name Strategies and Credit Requests within agreed timelines, evaluate the risks and highlights exceptions to applicable policies and guidelines and recommends appropriate course of action to GRM executives
• Review borrower risk assessments in a timely manner to identify and evaluate the major risks and adjudicate the appropriate Risk Rating to meet regulatory and business requirements.
• Prepare peer group comparisons from both a business and a financial perspective in support of the risk rating recommendation
• Develop complex financial models (including income, balance sheet and cash flow statements, breakeven analysis and multivariable sensitivity testing)
• Actively follow business and financial performance through continuous monitoring of financial and industry information, regulatory events, external rating agency movements and other early warning signals
• Ensure timeliness and accuracy of the Classification/Watch Report
• Supporting senior staff as required, mentoring junior staff if applicable.
• Ensure a continuous improvement culture with particular focus on reducing non value added processes

What do you need to succeed?

Must have:

• Bachelor Degree required
• 5-8 years of related work experience including experience working in group risk management or a corporate banking function of a major investment bank
• Two years of experience developing financial models, performing credit risk analysis and working with Capital Markets division of a Global bank.
• Ability to prepare write clear and concise reports in a timely fashion, documenting applicable business requirements and regulatory concerns
• Strong communication (written and verbal) and interpersonal skills.

Nice to have:

• Demonstrated financial modelling and analytical skills
• Strong teamwork skills
• Computer literate with high comfort level in use of word processing (Word), spreadsheet (Excel) and database software (various) and in using electronic tools for online research
• Development or review of complex financial models (including income, balance sheet and cash flow statements, breakeven analysis and multivariable sensitivity testing). Ability to apply the forecasted changes in macro-economic variables to prepare a stressed forecast for the client’s business.

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 bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Opportunities to building close relationships with clients

The expected salary range for this particular position is $120,000-$200,000 (New York) depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC’s high-performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

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: BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK

City: New York

Country: United States of America

Work hours/week: 40

Employment Type: Full time

Platform: GROUP RISK MANAGEMENT

Job Type: Regular

Pay Type: Salaried

Posted Date: 2026-08-13

Application Deadline: 2026-10-31

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.