What is the opportunity?

As part of the Group Risk Management team, the Director, Small Business Credit Strategy will be primarily responsible for increasing shareholder value by growing a multi-billion dollar Small Business lending portfolio through the design and management of effective credit scoring and strategies for new account acquisitions and management of the existing portfolio.

What will you do?

• Lead a team to develop and manage credit scoring strategy, monitor portfolio performance and forecast losses through statistical modeling, research, innovation and leading-edge tools and practices.
• Support business targets for balance growth and market share, while ensuring appropriate risk mitigation strategies are in place and the overall quality of the portfolio is maintained.
• Cross-functional stakeholder management across product, operations and other GRM teams
• Identify and recommend opportunities, and drive initiatives that will enhance strategy and portfolio performance or improve existing processes

What do you need to succeed?

Must-haves:

• Expert knowledge of credit principles and risk management techniques including credit scoring models and their application in portfolio management
• Proven experience leading a team of skilled professionals to deliver aggressive targets in a highly technical environment
• Minimum of 8 years relevant experience in the financial services industry, with a complete understanding of risk, finance and the issues specific to credit granting in a retail/business credit environment
• Strong verbal and written communication skills

Nice to have:

• Strong analytical skills with the ability to interpret complex data and make data-based strategic decisions
• High degree of organization and ability to multitask and shift priorities
• University degree in a quantitative field of study (e.g., statistics, economics, business) to demonstrate ability for critical thinking & numerical analytics

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 bonuses and flexible benefits, fair compensation, commissions, and stock where applicable
• Leaders who help your development through coaching and managing opportunities
• Ability to make a difference and lasting impact

Job Skills

Credit Analysis, Financial Regulation, Internal Auditing, Investment Risk Management, Market Risk, Operational Requirements, Operational Risks, Risk Management, Standard Operating Procedure (SOP)

Additional Job Details

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTOTORONTOCanada37.5Full timeGROUP RISK MANAGEMENTRegularSalaried2025-06-302025-07-12

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.