Associate Director - Credit Risk - Securitization

About the role

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

Responsibilities

• Assess and monitor Asset Backed Securities (ABS) borrowers across commercial and consumer ABS asset classes
• Evaluate less established / less granular ABS asset classes (Fiber, Data Centers, etc) and incorporate operating risks into assessments
• Provide effective risk assessment, credit analysis, adjudication and monitoring of assigned portfolio
• Assign ratings to ABS borrowers and continuously monitor portfolio for ratings accuracy
• Work closely with the business line on risks of new transactions under consideration and provide feedback and guidance as required
• Implement quantitative analytical methods and related technology-based tools to analyze data to effectively monitor, measure, and manage credit risks
• Ensure credit transactions are following credit risk management policies and procedures, limits, and guidelines

Requirements

• 3+ years experience with Securitization or Structured Products. Candidates with Corporate NBFI or Project Finance will be considered
• Previous credit risk or rating agency experience preferred
• High attention to detail and confidence / ability to challenge the first line
• Ability to write and present credit recommendations in a clear and concise manner
• High level of self-motivation; able to manage conflicting priorities
• Able to work independently; able to work well in teams
• Proficiency with AI tools, Word, Excel, PowerPoint

Benefits

• A comprehensive Total Rewards Program including competitive compensation and flexible benefits, such as:
  • 401(k) program with company-matching contributions
  • Health, dental, vision, life, and disability insurance
  • Paid-time off
• 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 and build close relationships with clients

Pay

The expected salary range for this 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.

Skills

• Accounting
• Finance
• Credit Risk Management
• Detail-Oriented
• Financial Statement Analysis
• Securitization

Location: Brookfield Place (200 Vesey Street, New York, United States of America)

Employment Type: Full time, salaried, 40 hours per week