Senior Manager, Commercial Lending – Credit Risk & Profitability Monitoring

Job title: Senior Manager, Commercial Lending – Credit Risk & Profitability Monitoring

Company: Royal Bank of Canada


Job description: Job SummaryJob DescriptionNote: this role is a full-time, fixed-term opportunity estimated for approximately 12 monthsWhat is the opportunity?As a Senior Manager, Commercial Lending – Credit Risk & Profitability Monitoring, you play a key role in the monitoring Credit Risk for the Commercial Banking portfolio and play a key part to implement initiatives to improve the profitability of the portfolio.Commercial Banking offers a wide range of lending, deposit and transaction banking products and services to Canadian companies and foreign businesses in Canada. Our team of relationship managers and specialists serves the full lifecycle of commercial clients, from entrepreneurs and mid-market enterprises to the largest Canadian privately owned companies, public corporations and Canadian subsidiaries of global multinationals.What will you do?

• Support Relationship Managers to estimate transaction and relationship profitability
• Review the profitability of the loan portfolio and explain variances to senior management
• Provide coaching to improve profitability for selected transactions
• Enhance portfolio analytic capabilities while reducing the amount of processing time by automating reports across several key parameters, including industry, geography, credit exceptions and credit quality
• Support watch list and triage process by liaising with deal teams across the country and work closely with key partners (including Corporate Client Group (“CCG”), Credit Management, Asset Based Lending and Group Risk Management (“GRM”)) to deliver a comprehensive document for watch list and triage meetings
• Identification of deteriorating credit trends and escalate the information to senior management
• Co-ordinate special industry reviews with CCG and GRM and prepare peer comparisons for selected industries within CCG

What do you need to succeed?Must-have

• Undergraduate degree in Business, Economics, Accounting, or Finance
• Positive “can do” attitude, pro-active approach to problem solving, an open mind and an interest in understanding new processes and concepts
• Reporting and analysis experience
• Data management and presentation skills, including a proficiency with MS Excel, MS Access and MS PowerPoint, as well as ability using external data sources such as CapIQ
• Excellent written and verbal communication skills
• Understanding of credit products, principles and financial analysis
• Strong attention to details

Nice-to-have

• Graduate degree or professional designations (MBA, CPA, FRM or CFA)
• Work experience in corporate finance, commercial lending or corporate lending
• Experience in project management and change implementation
• Knowledge of RBC’s policies, procedures and systems

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, and competitive compensation
• 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

Job Skills Business Credit, Commercial Credit Risk, Credit, Credit Products, Credit Risks, Data Management, Financial Analysis, Financial Risk Management (FRM), Microsoft Access, Microsoft ExcelAdditional Job DetailsAddress: ROYAL BANK PLAZA, 200 BAY ST:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: PERSONAL & COMMERCIAL BANKINGJob Type: Contract (Fixed Term)Pay Type: SalariedPosted Date: 2025-06-17Application Deadline: 2025-07-05Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.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 .

Expected salary:

Location: Toronto, ON

Job date: Thu, 19 Jun 2025 06:17:47 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (jobsnear.pro) you saw this job posting.Thanks&Good Luck