Associate Director, Securitization Credit Risk

Job Summary

Job Description

What is the Opportunity?

Provide effective risk assessment, credit analysis, adjudication and monitoring of an Asset Backed Securities (ABS) portfolio

What will you do?

• Credit officer for a portfolio of Traditional and Non-Traditional Asset Backed Securities (ABS) borrowers

• Provide effective risk assessment, credit analysis, adjudication and monitoring of assigned portfolio

• Assign ratings to ABS borrowers and continuously monitor portfolio for ratings accuracy

• Evaluates variables that affect credit risk; works and communicates with colleagues outside of own department concerning credit risk considerations

• Implements quantitative analysis methods and related technology-based tools to analyze data in order to effectively monitor, measure, and manage credit risks

• Analyzes business activities and credit risk of investments on the organization; ensures credit transactions are in compliance with credit risk management policies and procedures, limits, and guidelines

What do you need to succeed?

• 5+ years experience with Securitization or Structured Products

• Post-graduate degree in a quantitative area such as mathematics, finance, engineering preferred

• Previous credit risk, market risk, or rating agency experience preferred

• Proficiency with Word, Excel, PowerPoint

• High level of self-motivation; able to manage conflicting priorities

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 compensation, commissions, and stock where applicable

• Leaders who support your development through coaching and managing opportunities

• Ability to make a difference and lasting impact

• Work in a dynamic, collaborative, progressive, and high-performing team

• Opportunities to do challenging work

• Opportunities to building close relationships with clients

The good-faith expected salary range for the above position is $110,000 - $190,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs.  This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC’s high performance culture

• Enables collective achievement of our strategic goals

• Generates sustainable shareholder returns and above market shareholder value

#LI - Hybrid

#LI - POST

Job Skills

Business Data Analysis, Communication, Credit Analysis, Database Queries, Data Visualization, Decision Making, Long Term Planning, Operational Delivery, Quantitative Methods, Risk Management

Additional Job Details

Address:

BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK

City:

New York

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-03-12

Application Deadline:

2024-09-30

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.