Job Summary
Job Description
What is the opportunity?
As an Associate Director (AD), you will be required to support Directors in the Bank’s Real Estate Markets group. You will be responsible for analyzing and underwriting new loan requests with the use of the Bank’s Risk Assessment Framework, Financial Analysis and Credit Tools. The primary responsibility of the AD is to compile financial information and prepare credit submissions to the Bank’s credit group. Other responsibilities of the AD include daily administration of the Group’s lending portfolio; performing annual credit reviews of the existing portfolio; liaising both internally and externally with various stakeholders in the credit process; and actively participating in other team initiatives (industry research reports / ad hoc portfolio strategy requests / portfolio reporting management).
What will you do?
Focus on financing requests in the AB real estate markets;
Provide the Directors with specific deal support as it relates to bilateral and syndicated senior secured loans including: budgetary analysis, cash flow analysis, financial statements analysis, market analysis and credit writing;
Provide portfolio management oversight with assigned portfolios.
What do you need to succeed?
Must-have
Client focus;
Experience in commercial credit, financial statement and underwriting analysis;
Strong analytical skills (understanding of financial concepts and applications);
Strong computer skills (especially Microsoft Excel);
Excellent written and verbal communications skills;
Must be independent worker and team player with a positive attitude;
Motivated proactive thinker with detail-oriented and creative problem solving approach;
Ability to quickly develop a working knowledge of programs and systems employed by the Bank; and
Ongoing and consistent adoption of the Banks goals and core values.
Nice-to-have
3-6 years’ experience in commercial real estate;
MBA, CPA or CFA;
Industry / market knowledge of the commercial real estate sector.
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 competitive compensation, bonuses, and flexible benefits;
Continued opportunities for career advancement;
World-class sales training, coaching, and development opportunities;
Support from a dynamic, collaborative, progressive, and high performing team, as well as world-class tools and training;
Opportunity to achieve great success and grow your career with RBC.
Job Skills
Adaptability, Business Development, Client Centricity, Communication, Critical Thinking, Curiosity, Financial Acumen, Practice Management.
Additional Job Details
Address: 335 8 AVE SW:CALGARY
City: CALGARY
Country: Canada
Work hours/week: 37.5
Employment Type: Full time
Platform: PERSONAL & COMMERCIAL BANKING
Job Type: Regular
Pay Type: Salaried
Posted Date: 2024-12-12
Application Deadline: 2025-01-08
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above.
Inclusion 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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