Job Summary

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 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.

Job Description

What is the opportunity?

The Associate Director is primarily responsible for credit adjudication of Automotive Finance Group (AFG) and Asset Based Lending (ABL) transactions within the Bank’s Commercial Financial Services Market within their delegated lending authority and 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.

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 RMC, 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 as well as AFG and 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 are 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 in Commercial Automotive Finance.

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

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:

2024-11-20

Application Deadline:

2025-03-08

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.
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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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