What is the opportunity?

As an Associate (contract) on the Ratings and Monitoring team, you will be responsible for assessing credit ratings of Capital Markets borrowers, verifying covenant compliance, monitoring company and industry developments and identifying key risk events. The role will require you to develop industry expertise and collaborate with internal stakeholders across several sectors of the Business; including Adjudication, Corporate Banking, Global Credit and other Capital Markets areas.

What will you do?
For the assigned portfolio, you will be responsible for:
A Non-Bank Financial Institutions (NBFI) portfolio, including Investment Managers and Funds.
• Managing and monitoring credit risk, which includes identifying key credit events, reviewing / refreshing credit risk ratings at a minimum on an annual basis;
• Participate in team deliverable targets with respect to regulatory / audit requests;
• Ensure borrower's compliance of terms and conditions of credit agreement;
• Develop expertise in the assigned portfolio, policies and guidelines, and provide advice to internal partners;
• Conduct research, analyze financial statements and develop financial projection; and
• Collaborate cross-teams and with our business partners.

What do you need to succeed?

Must-Have:
• Self-motivated with a combination of strong credit and analytical skills
• Ability to critically assess financial statements and other client reports and draw reasonable conclusions
• Excellent verbal and written communication skills
• Ability to work effectively within a team environment
• High degree of computer literacy: MS Office Suite, database software, and electronic tools for on-line research

Nice-To-Have:
• Academic background with a Master's level accreditation: usually an MBA, CFA, CPA or other professional designation
• Experience with S&P, Capital IQ, Moody's

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.

• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Flexible work/life balance options

Job Skills

Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork

Additional Job Details

ROYAL BANK PLAZA, 200 BAY ST:TORONTOTORONTOCanada37.5Full timeCAPITAL MARKETSContract (Fixed Term)Salaried2025-05-072025-05-21

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 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.