Senior Manager, HEF Credit Strategy
You will support the business targets for growth, while ensuring appropriate risk mitigation strategies are in place and the overall quality of the portfolio is maintained What will you do? Design credit strategies covering HEF products, including targeting criteria, adjudication and exposure management, ensuring adequacy of risk and return as well as regulatory and internal compliance through comprehensive data analysis and predictive financial and credit modeling.
Lead end-to-end stakeholders meetings with senior management in Group Risk Management, Product/Policy teams, and Collections to understand and propose new strategies designed to help achieve business targets as well as obtain approval of credit strategies with concise rationale supported by comprehensive analysis and documentation.
Identify and recommend opportunities, and drive initiatives that will enhance strategy and portfolio performance or improve existing processes. Develop and manage performance monitoring and reporting for relevant strategies and customer segments, in order to enable actionable insight for key stakeholders, including Group Risk Management.
Support new strategy development with advanced analytics and data science. Cross-functional stakeholder management of business, operations and other GRM teams. Monitor any changes in portfolio risk to pre-empt stress to Collections. What do you need to succeed? Must-have: 5+ years of experience performing advanced analytics or data science, ideally for credit lending or deposit products.
Proficient technical knowledge of SAS, SQL, and Python Strong interpersonal, communication and presentation skills, with the ability to create and articulate a compelling business case to senior management and other stakeholders Strong analytical and problem solving skills Demonstrated track record of thought leadership MBA and/or Undergraduate degree in Economics, Business, Statistics or other quantitative field of study.
Nice-to-have: Experience in financial services industry with broad understanding of risk management, credit strategy, and analytics Knowledge of Personal banking products and macroeconomics Whats 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 A world-class training program in financial services Flexible work/life balance options Opportunities to do challenging work #LI-Post #LI-Hybrid #TechPJ 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: 37.5 Employment Type: Full time Platform: GROUP RISK MANAGEMENT Job Type: Regular Pay Type: Salaried Posted Date: 2025-01-14 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.
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