Vice President - Global Credit

What is the opportunity?

Manage and develop a team of credit professionals for designated industry sector(s) while also managing an assigned portfolio of (Global Corporate) clients. Responsibilities include working with Corporate Banking, RBC Sales andTrading (as appropriate) and other groups to facilitate and enhance the credit process through efficient and value-add support to partners, including onboarding activities, execution of new transactions, amendments, and extensions; manage a full range of credit, trading and transactional products, compliant funding, excess management, and annual reviews; Resolve credit issues with various banking units and Group Risk Management as required and provide advice as warranted.

What will you do?

• Manage, lead, develop and train a team of credit professionals for designated industry sectors with responsibility to ensure that team members manage their own assigned portfolios in accordance with policies and procedures. Provide Regular feedback and coaching on employee performance and progress against goals, including career conversations. Support identification and development of high potential talent and provide differentiated developmental opportunities.
• Manage the full range of credit, trading and transactional products for your assigned portfolio
• Work closely and maintain positive relationships with Corporate Banking, Global Markets, Ratings & Monitoring, Loan Portfolio Management, and with other areas of the bank, notably Group Risk Management, Global Loans Administration, Global Treasury, Global Services, the Global Banking Business Centre back-office support group, and Agency Services.
• Ensure timely preparation of (i) transaction requests (which may include but not limited to new credits, restructurings, renewals, waivers, loan documentation review, establishing lines for trading, lending, and cash management, regularizing ETRs, indicative risk ratings); (ii) annual reviews of assigned portfolio and ensuring the data integrity of CCMS.
• Assist in Structuring, documenting and executing new and renewal syndicated, and bilateral loan transactions as needed
• Use bank policies/guidelines and judgement to manage daily excesses, over-limit payments in accordance with Delegated Authorities and, managing ongoing credit relationships within RBC providing fair, specific and balanced advice. Coaching employees on proper use of Delegated Authorities. Keep up with policy changes/updates and managing regulatory/audit priorities with respect to team deliverables. Conduct necessary spot checks to ensure quality of work and identify learning opportunities.
• Completion of assigned projects and other duties (including presenting to key stakeholders) efficiently and effectively in order to support the team meet planned and unplanned demands. Preparation and reporting of portfolio statistics and other management information reports in a timely and accurate manner (as applicable).
• Employ an efficiency mindset and look for opportunities to increase automation, and /or to create capacity by reduction in low impact work.
• Develop expertise in assigned portfolio, policies and guidelines, and provide value added advice to internal partners.

What do you need to succeed?

Must-have:

• Academic background with a combination of Masters level accreditation: usually an MBA, CFA, CA, other professional designation or relevant work experience.
• 3-5 years of Lending/Credit or Risk management experience with a strong background in banking.
• People management skills.
• Ability to prioritize work and manage competing demands.
• Strong financial risk analysis and/or accounting skills.
• Excellent written and spoken communication abilities.
• Familiarity with the RBC Capital Markets credit process and loan agreements.
• Ability to work in an interactive team environment.
• Strong general PC skills and demonstrated capability re key internal systems (CCMS, Newton, TMS, CID, DMS, TDS, Fenergo).
• Ability to strike a balance in putting Client First while ensuring that internal standards re maintained and deliverables are provided.

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.

At RBC, you will have opportunities to:

• A comprehensive Total Rewards Program including bonuses and flexible benefits and competitive compensation
• Opportunities to do challenging work
• Make a difference and lasting impact with clients through meaningful work.
• Work in a dynamic, diverse, collaborative, progressive, and high-performing team.
• Build close relationships with clients and colleagues.

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