Associate Director, Group Risk Management, Commercial Credit
Job Summary
The incumbent will have adjudication responsibilities that are focused on maintaining the risk profile, alignment with the business, operational effectiveness, efficiency in management of assigned portfolios, and enhancing the client experience.
Job Description
What is the opportunity?
The Associate Director is primarily responsible for credit adjudication of Automotive Finance Group (AFG), Indigenous Markets, Equipment Leasing, and Asset Based Lending (ABL) transactions within the Bank's Commercial Financial Services Market within their delegated lending authority or within their assigned portfolio.
The incumbent will have adjudication responsibilities that are focused on maintaining the risk profile, alignment with the business, operational effectiveness, efficiency in management of assigned portfolios, and enhancing the client experience.
As a member of the GRM team they also provide help / work-sharing support to their teammates. This role balances the rewards of meeting business objectives with the risk of loss, requires adherence to corporate compliance and polices to maintain risk exposure within the Bank's stated risk appetite, operates within a legal framework and in accordance with OSFI, Basel, and other regulatory requirements. This position reports directly to the Director - GRM Commercial Credit, who in turn reports to the National Director, GRM Commercial Credit - Automotive Finance, Indigenous Markets, Equipment Leasing, and Asset Based Lending.
What will you do?
- Champions client experience initiatives and applies a continuous improvement approach to achieve superior client experience levels
- Enhances change management by ensuring how we approach change is reflective of a One RBC mindset
- Takes ownership of client problems at first point of contact. Ensures clients and colleagues are treated with respect, empathy and integrity contributing to good working relationships
- Demonstrates commitment to teamwork by building capability, identifying opportunity spotting to enhance client relationship and improve RBC revenue, and, via the CAM, introduce clients to RBC-wide services and expertise through referrals
- Is strategically aligned with business strategies while maintaining the Bank's desired risk profile
- Demonstrates leadership and commitment to build/expand/leverage good working relationships with the relevant GU(s) executive and Indigenous / CFS / AFG / ABL personnel to promote a mindset that risk is everybody's business, that early problem identification is critical to maintaining the risk profile and in maximizing retention opportunities
- Ensures accurate and consistent processes/controls are in place and being followed to protect shareholder interests
- Ensures credit transactions are adjudicated within Policy Guidelines, Standards, and Procedures
- People Management - this is not a people manager role.
What do you need to succeed?
Must-have
- 3+ years of risk management experience and/or Commercial Account Management experience with a preferred focus on Indigenous Markets, Equipment Leasing, Automotive Finance Group (AFG), and Asset Based Lending (ABL). Strong Risk assessment and analysis skills
- Strong communication, coaching, and conflict resolution skills.
- Undergraduate degree in business. With preferred post graduate qualifications (CFA, CMA, CA, CPA, MBA, etc.)
Nice-to-have
- In-depth knowledge of RBC Risk Policies, procedures & practices, Folios etc.
- Proficiency with Bank Technology
- Bilingual
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, and competitive compensation
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to take on progressively greater accountabilities
- Leaders who support your development through coaching and managing opportunities
- Flexible work/life balance options
Job Skills
Business Data Analysis, Credit Analysis, Critical Thinking, Database Queries, Data Visualization, Decision Making, Long Term Planning, Operational Delivery, Quantitative Methods, Risk ManagementAdditional Job Details
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