Associate Director, Wholesale & Commercial Credit Risk

What is the opportunity?Commercial & Wholesale Credit Risk provides independent risk assessment and adjudication for RBC’s large corporate clients. In the Associate Director role, you will be responsible for adjudicating a portfolio of accounts including clients across the Capital Markets, Corporate Client Group and Commercial Real Estate business lines. The position offers a unique opportunity to develop a broad understanding of multiple real estate markets, asset classes and lending structures.
Job DescriptionWhat is the opportunity?Commercial & Wholesale Credit Risk provides independent risk assessment and adjudication for RBC’s large corporate clients. In the Associate Director role, you will be responsible for adjudicating a portfolio of accounts including clients across the Capital Markets, Corporate Client Group and Commercial Real Estate business lines. The position offers a unique opportunity to develop a broad understanding of multiple real estate markets, asset classes and lending structures.
The Associate Director, Commercial & Wholesale Credit Risk will be responsible for adjudicating a portfolio of large corporate accounts and implementing effective and timely credit risk recommendations for companies across RBC’s commercial real estate portfolio.
What will you do?
Provide risk decisioning that balances client credit needs with RBC’s risk objectives
Perform comprehensive credit analysis via Risk Assessment Framework (“RAF”) submissions to establish, review, and approve changes to Borrower Risk Ratings (“BRRs”)
Deliver consistent, timely credit decisions with clear communication of rationale
Build and maintain close relationships with key internal stakeholders, including front-line credit originators
Monitor borrower performance through continuous oversight of financial information, regulatory changes and real estate market dynamics
Participate in enterprise projects to enhance internal risk frameworks and processes
What do you need to succeed?Must-Have
Comprehensive understanding of financial statements and demonstrated experience in financial analysis
Advanced communication skills, including a proven ability to articulate recommendations
Significant experience with Excel as a tool for financial analysis and the ability to navigate a financial model
Analytical and curious mindset with the ability to identify key details while filtering out extraneous information
Ability to deal with obstacles and ambiguity in an environment that can involve competing priorities and tight timelines
Ability to work collaboratively to develop effective solutions/recommendations and build strong rapport with business partners
Previous experience in real estate (financing, valuation, assessment, etc.), corporate lending, credit structuring, and/or finance
Nice-to-Have:
Completed, or in process of completing, an MBA and/or post graduate degree, CPA and/or CFA
Experience with online research tools (Bloomberg, SNL, Capital IQ, S&P/Moody's/Fitch ratings)
Knowledge of financial institution risk policies and governance frameworks
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 team-oriented environment with a focus on learning and development
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact
RBC is committed to supporting flexible work arrangements when and where available. Details to be discussed with Manager.
Job SkillsAccounting Finance, Asset and Liability Management (ALM), Commercial Loan Review, Confidentiality, Credit Analysis, Customer Service, Customer Success, Detail-Oriented, Financial Statement Analysis, Risk Management
Additional Job DetailsAddress: ROYAL BANK PLAZA, 200 BAY ST:TORONTO
City: Toronto
Country: Canada
Work hours/week: 37.5
Employment Type: Full time
Platform: GROUP RISK MANAGEMENT
Job Type: Regular
Pay Type: Salaried
Posted Date: 2026-11-06
Application Deadline: 2026-11-14
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment OpportunitiesAt RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.
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