Associate Director, GRM Credit
RBC
City of London, London, City of, United Kingdom
4d ago

What is the opportunity?

Credit Risk assessment for credit facilities, primarily in respect of capital call and liquidity loans but also for trading facilities with hedge funds and other fund counterparts

What will you do?

  • Credit- and due diligence work undertaken for a range of lending and trading relationships.
  • The primary focus will be credit analysis of loan facilities for alternative funds / private equity vehicles, but also other products across the portfolio, such as derivatives and securities lending.

    The incumbent will often be a key point of contact on credit risk issues relating to their allocated portfolio of clients.

  • Responsibilities mainly involve the participation in due diligence on fund managers and the risk analysis of fund counterparties, together with the establishment of counterparty ratings and the processing of new transactions, as well as annual reviews of existing relationships.
  • Preparation of borrower / counterparty risk analysis, proposed internal rating, and transaction summary, as well as assessment of documentation terms.
  • The mandate calls for an effective and professional officer with strong credit and networking skills, and able to deal with a large and diverse workload under time pressue
  • Excellent written communication skills are crucial.
  • The incumbent will be expected to operate largely independently, although he / she will also be expected to liaise with RBC Group staff in various departments.
  • Work to prevent, to detect, and to eliminate the potential for risk and liability to the Firm.
  • What do you need to succeed?

    Must-have

  • Solid understanding of the financial markets and the role of funds.
  • Credit analysis experience required with emphasis on funds including direct lending to private equity structures.
  • Experience of balance sheet ratio analysis.
  • Nice-to-have

  • University level education preferred.
  • Knowledge of external rating agency methodologies.
  • 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.

    About RBC

    Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization.

    We are one of North America’s 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 visit rbc.com.

    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.

    City : City of London

    Address : Riverbank House

    Work Hours / Week : 35

    Work Environment : Office

    Employment Type : Permanent

    Career Level : Experienced Hire / Professional

    Position Level : PL08

    Required Travel(%) : 0-25

    Exempt / Non-Exempt : N / A

    People Manager : No

    Application Deadline : 11 / 09 / 2018

    Req ID : 175944

    Flexible Working Options Considered

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