Associate Director, GRM Credit

RBC Capital Markets, LLC; New York (NY); On-site; USD 110,000 - 190,000; Full time

Job summary

An established industry player is seeking a dedicated credit officer to join their dynamic team. This role involves engaging in risk assessment and credit analysis for an Asset Backed Securities portfolio, ensuring accurate ratings and compliance with guidelines. The ideal candidate will have a strong background in securitization and structured products, alongside a post-graduate degree in a quantitative field. With a competitive salary and a supportive work environment, this opportunity promises professional growth and the chance to make a significant impact in the financial sector.

Benefits

Competitive salary

Flexible benefits

Professional growth opportunities

Supportive leadership

Qualifications

• 3+ years experience with Securitization or Structured Products.
• Experience in credit risk, market risk, or rating agencies preferred.

Responsibilities

• Serve as a credit officer for a portfolio of ABS borrowers.
• Conduct risk assessment, credit analysis, and monitoring of portfolios.
• Implement quantitative analysis methods for credit risk management.

Skills

Securitization

Structured Products

Credit Risk Analysis

Quantitative Analysis

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

Education

Post-graduate degree in quantitative field

Job description

Job Summary

Provide effective risk assessment, credit analysis, adjudication, and monitoring of an Asset Backed Securities (ABS) portfolio.

Job Description

What is the Opportunity?

Engage in risk assessment, credit analysis, adjudication, and monitoring of an ABS portfolio.

What will you do?

1. Serve as a credit officer for a portfolio of Traditional and Non-Traditional ABS borrowers.
2. Conduct risk assessment, credit analysis, adjudication, and monitoring of assigned portfolios.
3. Assign and monitor ratings to ABS borrowers to ensure accuracy.
4. Evaluate variables affecting credit risk and communicate with colleagues outside your department on credit risk considerations.
5. Implement quantitative analysis methods and technology tools for data analysis to monitor and manage credit risks.
6. Analyze business activities and credit risks of investments, ensuring compliance with policies, limits, and guidelines.

What do you need to succeed?

• 3+ years experience with Securitization or Structured Products.
• Post-graduate degree in a quantitative field such as mathematics, finance, or engineering preferred.
• Experience in credit risk, market risk, or rating agencies is preferred.
• Proficiency with Word, Excel, PowerPoint.
• High self-motivation; ability to manage conflicting priorities.
• Ability to work independently and in teams.

What's in it for you?

We offer a comprehensive Total Rewards Program including competitive compensation, flexible benefits, and opportunities for professional growth. Join a dynamic, collaborative, and high-performing team committed to making a difference.

• Competitive salary range: $110,000 - $190,000 (New York), with potential for discretionary variable compensation based on performance.
• Supportive leadership and development opportunities.
• Challenging work and the chance to build close client relationships.

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

Work hours: 40/week, Full-time, Hybrid platform

Application deadline: 2025-05-31

Equal Opportunity Statement

RBC is committed to an inclusive workplace that fosters diversity, respect, and opportunity for all employees.