- Job Title: Associate, Ratings & Monitoring
- Location: Toronto, ON
- Company: Royal Bank of Canada
- Qualification: Master’s degree
- Experience: 3-5 Years
- Employment Type: Full-Time
Company Overview:
The Royal Bank of Canada (RBC) is a superior global economic organization, renowned for its excellence in banking, wealth management, and capital markets. With a steadfast commitment to our clients and communities, we strive to construct relied-on relationships and deliver advanced financial answers. Join us at RBC and be a part of a dynamic and inclusive lifestyle that fosters innovation, expert increase, and diversity.
Position Overview:
We are searching for an enormously inspired and element-orientated Associate, Ratings & Monitoring to join our Risk Management team. The successful candidate will be chargeable for helping with the credit score threat evaluation and monitoring processes for our various portfolios of clients. This role offers a thrilling opportunity to make contributions to the threat management framework of one of the main monetary institutions globally.
Key Responsibilities of Associate, Ratings & Monitoring at Royal Bank of Canada:
1. Credit Risk Assessment:
- Conduct comprehensive credit score analysis and chance assessment for more than a few customers, inclusive of company, industrial, and institutional entities.
- Evaluate financial statements, industry trends, and economic signs to decide creditworthiness and assign appropriate risk ratings.
- Prepare exact credit score reports and present findings to senior management and credit score committees.
2. Monitoring and Reporting:
- Continuously monitor assigned portfolios to become aware of modifications in credit score first-rate and rising dangers.
- Perform regular critiques and updates of threat scores primarily based on today’s economic records and market conditions.
- Generate periodic danger reviews and dashboards for management assessment, ensuring accuracy and timeliness.
3. Data Analysis and Management:
- Maintain and update credit score chance databases and systems, making sure of data integrity and consistency.
- Utilize superior analytical equipment and strategies to investigate credit score information and developments, presenting actionable insights to assist decision-making.
- Collaborate with IT and information management groups to decorate threat tracking and reporting capabilities.
4. Compliance and Documentation:
- Ensure adherence to internal credit score policies, procedures, and regulatory necessities.
- Maintain complete and nicely prepared documentation of credit checks, hazard ratings, and tracking sports.
- Support internal and external audits by way of imparting essential documentation and reasons.
5. Collaboration and Communication:
- Work intently with dating managers, credit officers, and other stakeholders to acquire applicable facts and insights for credit tests.
- Communicate effectively with clients to reap important economic information and make clear any queries associated with credit evaluations.
- Participate in move-useful initiatives and tasks to decorate the general credit risk management framework.
Requirements:
- Bachelor’s degree in Finance, Accounting, Economics, or a related subject. Advanced diplomas or professional certifications (e.g., CFA, CPA) are a plus.
- 3-5 years of experience in credit evaluation, hazard management, or a related discipline inside the financial offerings industry.
- Strong analytical competencies with the potential to interpret complex monetary statistics and perform precise credit exams.
- Proficiency in monetary modeling, spreadsheet analysis, and credit score chance assessment gear.
- Excellent written and verbal conversation capabilities, with the potential to provide complex information absolutely and concisely.
- Detail-oriented with an excessive diploma of accuracy and the capacity to manage multiple duties and deadlines.
- Knowledge of regulatory necessities and excellent practices in credit threat control.
- Proficiency in the use of chance management software and statistics analysis gear.
Personal Attributes:
- Strong problem-solving abilities and the potential to suppose significantly and independently.
- Collaborative crew player with a proactive and results-driven mindset.
- High degree of integrity and professionalism, with a dedication to maintaining confidentiality and moral requirements.
- Adaptability and willingness to research and grow in dynamic and speedy-paced surroundings.
Why Join RBC?
Opportunity to work with a leading global financial group.
Competitive compensation and benefits package deal.
A supportive and inclusive work culture that values range and promotes paintings-existence balance.
Access to professional development and professional advancement possibilities.
An engaging and difficult work environment that encourages innovation and growth.
How to Apply:
Interested applicants are invited to publish their resume and a cowl letter outlining their qualifications and experience.
Equal Opportunity Employer:
RBC is an identical opportunity enterprise dedicated to range and inclusion. We inspire programs from all certified individuals, regardless of race, gender, incapacity, age, or any other function included via regulation.
Join us at RBC and be part of a team that is committed to creating a high-quality impact inside the financial global.
By joining RBC, you may have the opportunity to grow your career in a dynamic and supportive environment, in which your contributions are valued and your expert improvement is prioritized. Apply nowadays and take the following step towards a profitable profession with RBC.
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