Analyst / Associate, Ratings And Monitoring

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

Analyst / Associate, Ratings and Monitoring

What is the opportunity?

As an Analyst / Associate on the Ratings and Monitoring team, you will be responsible for assessing credit ratings of Capital Markets borrowers, verifying covenant compliance, monitoring company and industry developments and identifying key risk events. The role will require you to develop industry expertise and collaborate with internal stakeholders across several sectors of the Business; including Adjudication, Corporate Banking, Global Credit and other Capital Markets areas. This role also requires you to pay-it-forward, as such you are expected to coach and mentor junior risk analysts.

• Please also note that this is a Toronto based role where there is a minimum expectation of 3+ days per week in the office.***

What will you do?

For the assigned portfolio, you will be responsible for:

• Participate in team deliverable targets with respect to regulatory / audit requests;
• Develop expertise in assigned portfolio, policies and guidelines, and provide value added advice to internal partners;
• A Non-Bank Financial Institutions (NBFI), including Investment Managers, Funds, Regulated Insurance, Insurance Brokers, Investment Dealers, Canadian Credit Unions, among others;
• Conduct research, analyze financial statements and develop financial projection; and
• Collaborate cross-teams and with our business partners.
• Managing and monitoring credit risk, which includes identifying key credit events, reviewing / refreshing credit risk ratings at a minimum on an annual basis;
• Ensure borrower’s compliance of terms and conditions of credit agreement;

What do you need to succeed?

Must-Have:

• Self-motivated with a combination of strong credit and analytical skills
• 3-5 years knowledge and experience in credit risk and/or financial analysis
• Ability to critically assess financial statements and other client reports and draw reasoned conclusions
• Excellent verbal and written communication skills
• Bachelor's degree in a relevant field of study
• High degree of computer literacy: MS Office Suite, database software, and electronic tools for on-line research
• Ability to work effectively within a team environment.

Nice-To-Have:

• Experience with S&P, Capital IQ, Moody’s
• Academic background with a Master’s level accreditation: usually an MBA, CFA, CPA or other professional designation

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.

• Work in a dynamic, collaborative, progressive, and high-performing team
• Leaders who prioritize development and provide opportunities for accelerated career growth
• A comprehensive Total Rewards Program including performance-based bonuses, flexible benefits, competitive compensation packages
• Ability to make a difference and lasting impact

Job Summary

Address:

TORONTO, Ontario, Canada

City:

CAN-ON-TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Capital Markets

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2023-07-11

Application Deadline:

2023-07-26

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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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 rbc.com/careers.