What is the opportunity?
As the Credit Analyst, you will be assisting the Credit Team (part of WM Global Cash & Credit Management) with credit structuring and portfolio management and to support CAC-IPB clients’ credit needs within RBC Wealth Management credit policies and risk appetite.
What will you do?
- Support Credit Specialists/Private Bankers in originating, structuring and closing credit–related opportunities
- Partner with the annual review team, relationship managers, and the credit team where appropriate to gather all relevant information for credit review
- Conduct credit reviews of borrowing relationships within required deadlines
- Take a continuous improvement approach to achieving superior client experience, including proactive monitoring of client affairs, ownership of client problem resolution and ongoing relationship building with Credit specialists and Private Bankers.
- Raise concerns / issues surrounding individual credits that present a heightened risk to the firm’s balance sheet
- Work with Credit Specialists and CTM team to ensure the appropriate documentation and follow up correspondence with clients following breaches and/or events of default identified as a result of annual reviews
- Participate in ad hoc projects as requested
What do you need to succeed?
Must Have
- Undergraduate degree/diploma from an accredited university or related experience
- Credit underwriting experience (or equivalent); basic risk assessment/credit skills
- Strong interpersonal communication skills in the English language, verbal and written
- Familiarity with broad range of credit products and related documentation
- Demonstrated ability and willingness to learn and adapt quickly
Nice to Have
- Fluent Mandarin/Cantonese
- Knowledge of various collateral types including, cash, marketable securities/investment products, real estate, and insurance-secured transactions
- Familiarity with and understanding of wealth management business
- knowledge of local and regional regulatory and compliance requirements
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
- Flexible work/life balance options
- Opportunities to do challenging work
- Opportunities to take on progressively greater accountabilities
- Access to a variety of job opportunities across business and geographies
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JOB SUMMARY
City: Vancouver
Address: 1055 W. Georgia Street, 33rd Floor
Work Hours/Week: 37.5
Work Environment: Office
Employment Type: Permanent
Career Level: Experienced Hire/Professional
Pay Type: Salary + Variable Bonus
Required Travel (%): 0-25
Exempt/Non-Exempt: Exempt
People Manager: No
Application Deadline: 08/11/2021
Platform: Wealth Management
Req ID: 393987
Ad Code(s):