Associate Director, Credit Risk Manager

About this role

Job Description

What is the Opportunity? Evaluates commercial loan requests by reviewing applicants' credit histories and analyzing financial statements in order to approve or deny loan applications. Applies extensive, in-depth knowledge, skills, and practices to perform complex assignments

What will you do? • Reviews the credit history, profitability and liquidity of clients to assess the risk level involved in credit extension or money lending.

• Consults with customers to verify financial and credit transactions; responds to customer inquiries and resolves customer complaints.

• Communicates with credit associations and other relevant authorities about the credit history of customers.

• Analyzes financial data to determine customers' financial status and the expected profitability of commercial loans; recommends approval or denial of loan applications.

• At an early stage, work closely with the business on the risk aspects of new transactions under consideration and provide direction and guidance as required to ensure the eventual deal structure adequately mitigates key risk concerns.

• Review Single Name Strategies and Credit Requests within agreed timelines, evaluate the risks and highlights exceptions to applicable policies and guidelines and recommends appropriate course of action to GRM executives

• Review borrower risk assessments in a timely manner to identify and evaluate the major risks and adjudicate the appropriate Risk Rating to meet regulatory and business requirements.

• Prepare peer group comparisons from both a business and a financial perspective in support of the risk rating recommendation

• Develop complex financial models (including income, balance sheet and cash flow statements, breakeven analysis and multivariable sensitivity testing)

• Actively follow business and financial performance through continuous monitoring of financial and industry information, regulatory events, external rating agency movements and other early warning signals

• Ensure timeliness and accuracy of the Classification/Watch Report

• Supporting senior staff as required, mentoring junior staff if applicable.

• Ensure a continuous improvement culture with particular focus on reducing non value added processes

What do you need to succeed? Must have: • Bachelor Degree required

• 5-8 years of related work experience including experience working in group risk management or a corporate banking function of a major investment bank      

• Two years of experience developing financial models, performing credit risk analysis and working with Capital Markets division of a Global bank.                         

• Ability to prepare write clear and concise reports in a timely fashion, documenting applicable business requirements and regulatory concerns

• Strong communication (written and verbal) and interpersonal skills.

Nice to have: • Demonstrated financial modelling and analytical skills

• Strong teamwork skills

• Computer literate with high comfort level in use of word processing (Word), spreadsheet (Excel) and database software (various) and in using electronic tools for online research

• Development or review of complex financial models (including income, balance sheet and cash flow statements, breakeven analysis and multivariable sensitivity testing). Ability to apply the forecasted changes in macro-economic variables to prepare a stressed forecast for the client’s business.

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 expected salary range for this particular position is $120,000-$200,000 (New York) depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

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

Job Skills Accounting Finance, Asset and Liability Management (ALM), Commercial Loan Review, Confidentiality, Credit Analysis, Customer Service, Customer Success, Detail-Oriented, Financial Statement Analysis, 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:

2026-08-13 Application Deadline:

2026-10-31 Note : Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of th

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