Impress employers and recruiters.
Choose from hundreds of resume examples.
Impress employers and recruiters.
Choose from hundreds of resume examples.
Target Resume Now
About the Role
As Manager, Personal Banking Credit Strategy, you are primarily responsible for developing credit strategies using advanced analytics for a Retail Banking credit product. You will improve profitability by recommending solutions that balance risk, reward, operational efficiency, and customer impact, while supporting business growth targets and maintaining portfolio quality.
Responsibilities
- Support the Senior Manager in designing credit strategies covering a retail banking product, including targeting criteria, adjudication and exposure management.
- Ensure adequacy of risk and return as well as regulatory and internal compliance through comprehensive data analysis and predictive financial and credit modeling.
- Present analysis results and recommendations to stakeholders and senior management in Group Risk Management, Product teams, and Collections.
- Propose new strategies designed to help achieve business targets and obtain approval of credit strategies with concise rationale supported by comprehensive analysis and documentation.
- Identify and recommend opportunities, and drive initiatives that will enhance strategy and portfolio performance or improve existing processes.
- Develop and manage performance monitoring and reporting for relevant strategies and customer segments to enable actionable insight for key stakeholders.
- Support new strategy development with advanced analytics and data science.
- Manage cross-functional stakeholders across business, operations, and other GRM teams.
- Monitor changes in portfolio risk to pre-empt stress to Collections.
Requirements
- 2+ years of experience performing advanced analytics or data science, ideally for credit lending or deposit products.
- Proficient technical knowledge of data querying and related tools such as Python, SQL, SAS, Excel, etc.
- Strong interpersonal, communication and presentation skills, with the ability to create and articulate a compelling business case to senior management and other stakeholders.
- Strong analytical, critical thinking, and problem solving skills.
- MBA and/or Undergraduate degree in Economics, Business, Statistics or other quantitative field of study.
- Experience in financial services industry with broad understanding of risk management, credit strategy, and analytics (Nice-to-have).
- Knowledge of Personal banking products (Nice-to-have).
Skills
- Credit Risk Strategy
- Advanced analytics
- Data science
- Credit lending
- Deposit products
- Python
- SQL
- SAS
- Excel
- Interpersonal skills
- Communication skills
- Presentation skills
- Analytical skills
- Critical thinking
- Problem solving skills
- Risk management
- Credit strategy
Location
- RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO
- Toronto
- Canada
Work Type
- Full time
Experience Level
- 2+ years of experience
Education Level
- MBA
- Undergraduate degree in Economics, Business, Statistics or other quantitative field of study
Benefits
- Bonuses
- Flexible benefits
- Competitive compensation
About the Company
- At 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.