Vice President - Credit Transaction & Management (CTM)
RBC Capital
Job Summary
Job Description
What is the opportunity?
You will manage and develop a team of credit professionals that are responsible for a portfolio of credit relationships. In addition to providing administrative oversight to the team’s assigned portfolio, you will lead and foster relationships with the following key internal stakeholders to support the growth of the RBC Capital Markets loan book and trading business. Key internal stakeholders include, but not limited to, Corporate Banking (CB), Group Risk Management (GRM), Global Markets (GM), Internal Audit, and other teams.
What will you do?
You will have an assigned portfolio and will be responsible for the administration of your team’s portfolio, which includes multinational and other large corporate lending relationships. Your key responsibilities will include:
- Annual Reviews: Manage the team’s workflow to ensure Annual Reviews of existing credit relationships are completed in a timely fashion. Conduct regular reviews with team members to maintain a high quality of work, and to identify learning opportunities.
- Data Integrity: Review the team’s submissions to ensure credit agreement terms are correctly reflected in the Bank’s systems and that all credit documentation is accounted for and reviewed in a timely basis (e.g. credit agreements, amendments, waivers, security documents).
- Monitoring: Oversee the monitoring of reporting requirements of the credit portfolio. Ensure proper escalation of breaches.
- Delegated Lending Authorities: Through oversight and continuous coaching to ensure the team is compliant with the Delegated Approval Authorities provided by GRM.
- Audit: Lead the team in managing and coordinating response to credit information requests from Internal and external auditors and regulators to ensure accurate delivery of required information.
- Stakeholder Engagement: Work closely and maintain positive relationships with Corporate Banking (CB), Group Risk Management (GRM), Global Markets (GM), Internal Audit, and other teams. You will be your team’s primary point of contact and will conduct regular meetings with stakeholders to ensure a high level of service is provided to other groups within the Bank.
- Coaching & Team Management: Manage, develop and coach a group of credit professionals to ensure excellence in the fulfilment of mandates and responsibilities and to drive optimal results. Provide regular feedback and coaching on employee performance and progress against goals, career progression, and continual training. Stay up to date on Bank policy, credit trends, and industry research in an effort to develop a high performing team in which team members produce insightful, high-quality work in a timely manner.
- Global Collaboration: Work collaboratively with colleagues across time zones to drive seamless communication and timely task execution on a global scale.
- Other Responsibilities: Other ad-hoc responsibilities may include presenting to key stakeholders, reporting portfolio statistics, and periodic process reviews in order to promote a culture of continuous process improvement.
What do you need to succeed?
- A minimum of 5 to 8 years of work experience in corporate lending, credit risk management, or client relationship management.
- Business and/or Finance related University degree. An MBA or a Professional Designation (e.g. CPA, CFA) is considered an asset.
- Strong financial & risk analysis skills, with a good understanding of accounting standards and financial modelling.
- Strong understanding of credit documentation (e.g. loan agreements, security documents).
- Excellent written and verbal communication, with strong negotiation skills and an ability to manage conflicting demands and viewpoints, and multiple stakeholder expectations.
- People management & coaching experience and an ability to work effectively within a team environment and to interact with all levels within the organization.
- Ability to prioritize competing work streams and perform well under pressure in order to meet time sensitive deadlines.
- Familiarity with credit processes is considered an asset.
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.
- Ability to make a difference and have lasting impact.
- Work in a dynamic, collaborative, progressive, and high-performing team.
- Opportunities to do challenging work.
Job Skills
Investment Consulting, Investment Operations, Investments Analysis, Long Term Planning, Order Processing, Quality Management, Recruiting, Risk Management, Trade Processing, Waterfall Project Management
Job Skills
Business, Capital Markets, Coaching, Credit, Credit Processes, Credit Risk Management, Credit Risks, Financial Analysis, Internal Auditing, Investment Consulting, Investment Operations, Investments Analysis, Loan, Long Term Planning, Order Processing, People Management, Quality Management, Recruiting, Relationship Management, Risk Analysis, Risk Management, Team Management, Trade Processing, Waterfall ModelAdditional Job Details
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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 believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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