Support RBC US Wealth Management’s management in reimaging our margin credit risk team.
Partner closely with internal and external partners for implementation of risk management policies.
Manage relationships with vendors, the IT department and end users regarding loan servicing software specifications.
Establish internal policies and procedures on loan relationship management.
Monitor and oversee all activities related to the loan servicing lifecycle.
Direct, motivate, and evaluate loan service team members.
Analyze margin credit data and financial information to evaluate marginability of securities.
Develop and implement credit risk policies to minimize losses.
Monitor loan portfolio and identify potential risks.
Prepare credit risk reports for senior management.
Collaborate with other departments to manage credit risk.
Requirements
Must-have Bachelor’s degree preferred or relevant experience.
5+ years’ experience at a wealth management firm showing progression supporting risk management for margin and other securities-based lending programs.
Experience managing credit risk analysis of securities.
Strong understanding of the margin regulatory and legal environments.
Strong problem-solving skills.
Strong communication skills.
Strong interpersonal skills, including developing relationships with key internal and external partners.
Strong ability to ask critical questions, anticipate problems/future needs, and take ownership.
SIE Series 24, 7 and Series 63 licenses required or to be obtained within 90 days of employment start date.
Demonstrated interpersonal effectiveness of working with a diverse set of departments across an organization.
Demonstrated ability to adapt to changing business environments and adjust strategic plan, if necessary.