What are the responsibilities and job description for the Analyst, U.S. Credit Risk Review position at Royal Bank of Canada>?
Job Summary
Job Description
What is the opportunity?
The US Credit Risk Review Analyst will provide support on the independent, objective assessment and evaluation on the effectiveness and adequacy of credit risk management practices, internal controls, credit risk ratings and corporate governance processes at RBC focusing on Wholesale and Wealth Management portfolios.
Key stakeholders include 1st and 2nd line of defense bankers, RBC executives, regulators, auditors, as well as, ultimately, the U.S. Risk Committee.
What Will You Do?
Credit Risk Review Practice
- Participate in the execution of CRR reviews related to Wholesale Credit Risk and Wealth Management, ensuring that credit risk reviews conform to regulatory guidance and RBC policy requirements.
- Participate in a variety of credit coverage assignments including Target Reviews, Continuous Monitoring Reviews, Risk Assessments, and other ad hoc credit projects.
- Supports the Examiners in Charge (EIC) and Directors with the execution of the risk-based annual plans, ensuring adequate risk-based coverage of the U.S loan portfolio
- Identify and report potential weaknesses at the borrower and / or portfolio level and recommend an appropriate remediation plan to the relevant business units.
- Interface with internal and external stakeholders to ensure proper identification, documentation and resolution of all credit risks impacting the loan portfolio.
- Facilitate discussions with stakeholders on CRR’s evaluation of risk ratings, credit risk frameworks, and risk management practices
- Ensure the development of appropriate management action plans to address identified Issues, deficiencies, and CRR risk rating changes. Offering an effective challenge and ensuring timely implementation of corrective actions.
Data Analytics and Technology :
Stakeholder Relationships :
What do you need to succeed?
Requirements
Nice to Have
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.
The good-faith expected salary range for the above position is $65,000 - $105,000 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 :
Job Skills
Business Data Analysis, Credit Risk Review, Credit Risks, Data Visualization, Risk Assessments, Risk Ratings
Additional Job Details
Address :
GOLDMAN SACHS TOWER, 30 HUDSON STREET : JERSEY CITY
City : Jersey City
Country :
United States of America
Work hours / week : Employment Type :
Full time
Platform : INTERNAL AUDIT
Job Type : Regular
Pay Type : Salaried
Posted Date : 2025-01-21
Application Deadline :
2025-02-21
Note : Applications will be accepted until 11 : 59 PM on the day prior to the application deadline date above
I nclusion 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.
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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com .
Salary : $65,000 - $105,000
