What is the opportunity?
Group Risk Management (GRM) - Wholesale Credit provides risk assessment and adjudication for complex Capital Markets transactions. Through effective analysis of business and financial risk, GRM - Credit establishes borrower risk ratings and evaluates proposed client strategies and credit requests in order to provide comprehensive transactional analysis and approval recommendations.
The Funds team within GRM – Wholesale credit, provides coverage for RBC’s credit relationship with Regulated Funds, Hedge Funds, PE Funds, BDCs and REITs. Trading credit risk is the predominant form of credit risk that RBC incurs with respect to Funds, alongside which, the team also covers a broad spectrum of loan transactions.
What will you do?
Credit Analyst Co-op position will be within GRM Funds team. The analyst will have responsibility for analyzing and rating Investment Managers and Fund borrowers to whom RBC extends credit and adjudicating vanilla lending and trading transactions from Corporate Banking and Institutional Client & Credit Management (“ICCM”) teams. The successful candidate will be provided required training followed by meaningful work under the supervision of one or two mentors. At the completion of the analyst’s work term, they will understand the credit rating process, analysis and adjudication of vanilla transactions and will be prepared for their next role in Risk Management / Capital Markets.
As a Credit Analyst, you will lend support in the following areas:
What do you need to succeed?
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.
We encourage you to apply as soon as possible as we accept applications on a rolling basis, but please note that the formal application deadline is September 26, 2021. Should you be selected to progress, someone from our team will reach out directly to provide instructions on next steps. Otherwise, feel free to check for progress updates by logging in to your RBC profile. If the status has not changed, it denotes the fact that your application is still under review.
While there is no one date when our employees will return, we can confirm that the majority of the Integrated Learning | Co-op positions will start working remotely, however may transition to working at an RBC office as essential service restrictions are lifted.
Royal Bank of Canada is Canadas largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North Americas leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visitrbc.com.
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Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.