Job Summary

Job Description

What is the opportunity?

As part of the Group Risk Management team (GRM), the Associate will be principally tasked with enabling senior risk managers in their function of adjudicating and monitoring credit risk across RBC’s Commercial Real Estate Lending Portfolio. RBC’s Commercial Real Estate platform spans a plethora of property owners and developers in Canada from major developers and institutional commercial property owners to regional holders and developers of commercial real estate. 

Associates will be primarily expected to maintain and improve the administrative handling of transaction pipelines and opine/recommend approvals of minor credit requests. Successful Associates will be tasked with the analysis of more complicated credits, assuming initial reviews of transactions and providing comprehensive opinions to senior members of the team. Ideal candidates will show an aptitude for progression to more senior roles in income producing or construction credit adjudication and/or aptitude for a transition to client facing roles.

What will you do?

Assume administrative function for the adjudication teams, recording and establishing a pipeline of incoming construction transactions.Provide immediate feedback on minor immediate/minor credit requests.Gain expertise within the Canadian Commercial Real Estate space and gain expertise in real estate project finance.Progress to adjudicate Real Estate credit applications within your delegated lending limits influencing portfolio quality through strategic assessment of risk, attention to data quality and knowledge-sharing. Ensure clients and colleagues are treated with respect, a highly professional empathetic approach is used, and good working relationships are maintained.Partner with the right people to achieve collective results.  Act as a catalyst to ensure team is strategically aligned with business strategies while maintaining the Bank’s desired risk profile.Ensure accurate and consistent processes/controls are in place and being followed to protect shareholder interests. Ensure credit transactions are adjudicated within Policy Guidelines, Standards, and Procedures or approved with reasonable rationale.Take initiative to proactively seek, demonstrate, and facilitate consistency in credit adjudication fully utilizing other resources including other risk teams.

What do you need to succeed?

Must-have

A strong work ethic and excellent communication skills.Undergraduate or Masters degree, with preference given to those developing relevant skillsets.Excellent attention to detail and organizational skills, with preference given to those with applied abilities (i.e. PowerPoint).Knowledge and understanding of financial statement analysis.Excellent conflict resolution skills.

Nice-to-have

Demonstrable desire to work in Commercial Real Estate with some industry knowledge (real estate)Exhibits interest in the Commercial Real Estate sector or RBC’s Real Estate platform.Demonstrates an interest in learning from senior leaders with a preference for in-person learning.

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 compensationAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to take on progressively greater accountability

NOTE: This is an onsite role and the location will be in Toronto.

Job Skills

Coaching Others, Communication, Confidentiality, Decision Making, Detail-Oriented, Information Capture, Process Management, Quality Management, Risk Management, Standard Operating Procedure (SOP)

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST 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:

2025-02-06

Application Deadline:

2025-02-23

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.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.