Senior Manager, GRM - Jobs in Toronto Dominion Centre

Job Description

Job SummaryThe incumbent reports to the Director, Portfolio Mgmt and Analytics, and supports credit analytics, portfolio monitoring and regulatory reporting for retail Home Equity Finance (HEF) portfolio ($400 Billion) across the credit value chain. The incumbent identify trends, develop insights and form recommendations for profitability enhancement, credit performance and loss forecast related to HEF portfolio.This role has one direct report, and gives the incumbent the opportunity to build on these strengths: cross-enterprise mindset, understanding of consumer behaviour and RBC risk appetite, and adaptability to the dynamic credit environment. This position specializes in insight-generation through in-depth portfolio analytics with a focus on Home Equity Financing.WHAT IS THE OPPORTUNITYAs part of the Group Risk Management (GRM) team, the Senior Manager, GRM (Credit Risk) will report to the Director, Portfolio Mgmt and AnalyticsThe ideal candidate will support credit analytics, portfolio monitoring and regulatory reporting for retail Home Equity Finance (HEF) portfolio ($400 Billion) across the credit value chain. The incumbent identify trends, develop insights and form recommendations for profitability enhancement, credit performance and loss forecast related to HEF portfolio.This role has one direct report, and gives the incumbent the opportunity to build on these strengths: cross-enterprise mindset, understanding of consumer behaviour and RBC risk appetite, and adaptability to the dynamic credit environment. This position specializes in insight-generation through in-depth portfolio analytics with a focus on Home Equity Financing.What will you do

• Lead execution / review of all monitoring activities around HEF portfolio ($400 Billion) across the entire credit value chain and identify trends that support recommendations on acquisition, performance and loss forecast.
• Develop and execute routines to measure and monitor effectiveness of policy and process changes to determine success and make adjustment recommendations where required.
• Lead / execute deep dive analytics and provide early warning indicators to facilitate recommendations for underwriting and account management changes.
• Lead / execute governance and control process of reporting activities.
• Develop dashboards that highlight portfolio performance across the credit value chain for increased awareness of senior leadership around the largest portfolio within Canadian banking balance sheet.
• Participate actively in the exchange of knowledge relating to products, data and analytical methodology
• Manage team workflow, resolve conflicting priorities and negotiate deliverables with minimum supervision
• Promote and share best practices with teammates
• Champion a positive, trusting and satisfying work climate
• Understand and share Personal Financing Products strategic priorities
• Maintain balanced view across reducing cost, increasing efficiency, driving profitability and enhancing client experience, while keeping within RBC risk appetite
• Support action plans through to implementation
• Support PM amp;CS initiatives, analytics, and adhoc requests as required

What do you need to succeedMust-have:

• 5+ years experience in Finance or related work experience with Advanced SQL and SAS or Programming experience
• Degree in Economics, Statistics or other quantitative field of study
• Ability to be effective and equally conversant in business and technical environment study
• Proven Analytical Skills
• Strong understanding of consumer behavior and credit risk
• Proven ability to connect process, policy, system and data together and establish impact when any of the above changes
• A Collaborative and supportive attitude
• Ability to impact and influence is critical as this is a leadership position

Nice-to-have:

• Knowledge of Teradata, Hadoop, DB2, Oracle
• Familiarity with Tableau, R languages or Python
• Working knowledge of consumer credit products Experience in retail credit risk

What #39;s in it for youWe 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.

• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to take on progressively greater scopes of work

Job SkillsAnalytical Thinking, Collaboration, Consulting, Creativity, Credit Analytics, Curiosity, Data Analysis, Detail-Oriented, Long Term Planning, Multi-Level Communication, Portfolio Performance Analysis, Presentations, Problem Solving, Process Management, Quantitative Methods, Results-Oriented, Retail Lending, Risk Management, SAS, Time Management, Written CommunicationAdditional Job DetailsAddress:RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTOCity:TORONTOCountry:CanadaWork hours/week:37.5Employment Type:Full timePlatform:GROUP RISK MANAGEMENTJob Type:RegularPay Type:SalariedPosted Date:2024-01-09Application Deadline:2024-01-27Inclusion and Equal Opportunity EmploymentAt 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.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 jobs.rbc.com.