Associate Director - U.S. Credit Risk Review

RBC Capital Markets LLC; Jersey City (NJ); On-site; USD 120,000 - 200,000; Full time

Job summary

RBC Capital Markets LLC in Jersey City is seeking a senior Credit Risk Review professional to join the CRR team. The role focuses on independent evaluations of credit risk management practices across Wholesale and Wealth Management portfolios in the United States.

You will lead target reviews, continuous monitoring, and risk assessments, collaborating with first, second lines of defense, regulators, and auditors to strengthen internal controls and governance.

Qualifications

• 7+ years of wholesale credit experience in underwriting, adjudication, credit risk review, audit, consulting, or regulatory capacity.
• Strong knowledge of capital markets, lending products, and regulatory guidance.
• Strong negotiation, oral and written communication skills.
• Ability to handle a diverse workload, accept accountability, assume leadership and demonstrate initiative.

Responsibilities

• Lead and participate in CRR reviews of Wholesale and Wealth Management portfolios, evaluating risk rating accuracy, underwriting and portfolio management practices, emerging risks, and regulatory compliance.
• Provide coaching, mentorship, and performance feedback to junior team members.
• Execute the risk-based annual plan with CRR leadership and key stakeholders to ensure adequate, risk-based coverage of the loan portfolio.
• Review borrower and portfolio-level credit risk, identify remediation actions, and communicate findings clearly; conduct risk assessments of assigned industries/portfolios.
• Evaluate and recommend improvements to risk frameworks, governance, and internal processes.
• Interface with internal and external stakeholders to ensure proper identification, documentation and resolution of all risks impacting the loan portfolio.
• Identify opportunities to leverage data and analytics to enhance CRR processes.
• Collaborate with credit risk stakeholders across all three lines of defense.

Skills

AI

Data Analysis

Credit Analysis

Critical Thinking

Database Queries

Data Visualization

Decision Making

Long Term Planning

Operational Delivery

Quant Methods

Risk Management

Education

Graduate degree (MBA/MS in Finance/Economics)

Job description

Job Description

What is the Opportunity?

We have an exciting opportunity to join the Credit Risk Review (CRR) team at RBC, where you will play a critical role in providing independent and objective evaluations of credit risk management practices. Your work will help ensure the effectiveness and adequacy of internal controls, credit risk ratings and corporate governance processes - focusing on Wholesale and Wealth Management portfolios in the United States. Key stakeholders include 1st and 2nd line of defense bankers, senior leadership, regulators, and auditors.

The successful candidate will lead and participate in Target Reviews, Continuous Monitoring Reviews, Risk Assessments, and other ad hoc credit projects.

What Will You Do?

Credit Risk Review Practice

• Lead and participate in the execution of CRR reviews of the Wholesale and Wealth Management portfolios. Evaluating risk rating accuracy, underwriting and portfolio management practices, emerging risks, compliance with regulatory guidance, and compliance with RBC policies and procedures.
• Provide coaching, mentorship, and performance feedback to more junior team members
• Execute the risk-based annual plan in collaboration with CRR leadership and key stakeholders ensuring adequate, risk-based coverage of the loan portfolio
• Review borrower and portfolio-level credit risk, identify appropriate remediation actions, and communicate findings clearly and effectively. Conduct risk assessments of assigned industries/portfolios.
• Evaluate and recommend improvements to risk frameworks, governance, and internal processes
• Interface with internal and external stakeholders to ensure proper identification, documentation and resolution of all risks impacting the loan portfolio
• Identify opportunities to leverage data and analytics to enhance CRR processes
• Collaborates with credit risk stakeholders across all three lines of defense

What do you need to succeed?

Requirements

• 7+ years of experience in wholesale credit in an underwriting, adjudication, credit risk review, audit, consulting, and/or regulatory capacity
• Strong knowledge of capital markets, lending products, and regulatory guidance
• Strong negotiation, oral and written communication skills
• Ability to handle a diverse workload, accept accountability, assume leadership and demonstrate initiative

Nice to Have

• Graduate degree (e.g. Master of Business Administration, Master of Science in Finance, Master of Science in Economics etc.)
• Regulatory background in a supervision and regulation role

What's in it for you?

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Flexible work/life balance options

The good-faith expected salary range for the above position is $120,000 - $200,000 depending on factors including but not limited to the candidate's experience, skills, registration status, market conditions, and business needs.This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

Job Skills

• Artificial Intelligence (AI)
• Business Data Analysis
• Credit Analysis
• Critical Thinking
• Database Queries
• Data Visualization
• Decision Making
• Long Term Planning
• Operational Delivery
• Quantitative Methods
• Risk Management

Additional Job Details

• Address: GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY
• City: Jersey City
• Country: United States of America
• Work hours/week: 40
• Employment Type: Full time
• Platform: INTERNAL AUDIT
• Job Type: Regular
• Pay Type: Salaried
• Posted Date: 2026-09-03
• Application Deadline: 2026-11-27

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

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.