Senior Manager, Personal Lending Account Management Credit Strategies - Royal Bank of Canada
Job Summary
Job Description
What is the opportunity?
In this role you will support the Director of the Personal Lending Credit Strategy team in managing Personal Lending portfolio, through developing and enhancing account management credit strategies to increase portfolio profitability.
This role gives the incumbent the opportunity to build on these skills and attributes: cross-functional mindset, understanding of consumer behaviour and RBC risk appetite, and adaptability to the dynamic credit environment. This position specializes in insight-generation through in-depth portfolio analytics, and then taking action on those insights through the development of new credit strategies.
What will you do?- Enhance portfolio insight and management decision-making through the use of leading edge methodologies and tools to measure the current health of the portfolio and to discover opportunities, trends, and anomalies.
- Provide concise and insightful analytical support to senior management on matters relating to account management of personal lending products.
- Lead credit strategy development, focusing on Unsecured Line of Credit account management, and the monitoring of strategy outcomes. The incumbent will need to recognize credit trends, determine strategy effectiveness, and provide recommendations for further enhancements.
- Support the implementation of strategies and maintain integrity of decision criteria within loan systems and campaign processes.
What do you need to succeed?
Must-have- 5+ years related work experience developing risk, pricing and/or profitability models
- Prior experience with data manipulation and analytics packages such as Python, SAS, Teradata, Tableau, etc.
- Strong analytical and problem solving skills including understanding of credit risk fundamentals and financial modelling
- Strong interpersonal, communication and presentation skills, with the ability to articulate a compelling business case to senior management
- University degree in a quantitative field of study (e.g., statistics, economics, business, computer science, math) – demonstrated ability to think critically, analyze data, and build financial models
- Knowledge of credit risk methodology, including Basel parameter estimation and/or credit/market stress testing models is an asset.
- Thorough understanding of Financial Institutions business process and risk management framework, including regulatory environment
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
- 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
- Flexible work/life balance options
- Access to a variety of job opportunities across business and geographies
Job Skills
Client Counseling, Critical Thinking, Derivatives, Economic Analysis, Financial Instruments, Investment Banking Analysis, Investment Risk Management, Market Risk, Quantitative Methods
Additional Job Details
Address:
RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO
City:
TORONTO
Country:
Canada
Work hours/week:
- 5
Employment Type:
Full time
Platform:
GROUP RISK MANAGEMENT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-03-17
Application Deadline:
2025-03-31
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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