Credit Analyst - RBC International Wealth Management - Seattle, WA
Location: Seattle, Washington
Description: Royal Bank of Canada is at the momment seeking for Credit Analyst - RBC International Wealth Management - Seattle, WA right now, this occupation will be designated in Washington. More complete informations about this occupation opportunity kindly see the descriptions. PURPOSE:
The Credit Analyst is a critical contributor to Wealth Manageme! nt’s aggressive growth through the delivery of credit advice and solutions to RBC WM’s targeted HNW customer base. The Credit Analyst works closely with multiple sales units, Sr. Credit Analysts, Group Risk Management (GRM) and key RBC partners in identifying, structuring, analyzing, negotiating, documenting, delivering and monitoring credit solutions. The Credit Analyst acts as the primary contact for clients and relationship managers in credit servicing and takes ownership of client issues or problems at first point of contact.
PRIMARY RESPONSIBILITIES
Business Development/Growth: through effective networking, thorough client discovery, [participating in Strategic Client Reviews] and building Primary Relationship Managers’ (“PRMâ€) knowledge of credit solutions most appropriate for their clients, proactively identify & close new credit business (and retain existing credit business) in conjunction with PRMs
Profitability/Return: mana! gement of risk/reward, effective pricing of credit transaction! s to generate ROE and revenue of credit portfolio to attain regional business & team goals
Strategic Alignment: ensure continued alignment of the credit portfolio with business and risk strategies, risk policies and procedures and implements opportunities which improve business operations, partnerships and client satisfaction
Credit Structure: work with clients and PRMs to structure optimum credit solutions within RBC WM risk appetite and lending parameters;
Credit Risk Analysis: complete internal credit correspondence, including ETRs; ensure “know†client, transaction, collateral; conduct initial and thereafter regular risk analysis and BRR assessment of the borrower(s) and transaction
Documentation: ensure appropriate documenting of all legal, compliance and credit risks per guidelines and approvals. Coordinate the preparation and execution of legal documentation; term sheets, offer letters [and new accounts, including KYC c! lient profile, as required]
Credit Exposure Monitoring: ensure transaction and collateral security remains within approval guidelines; documentation, covenant and financial compliance of the transaction/ borrower. Is vigilant in maintaining portfolio of high quality risk via timely borrower and portfolio reviews; identifies potentially deteriorating risk situations, recommends remediation to ensure safety of bank’s funds
Collateral Monitoring: responsible for ongoing collateral evaluation; ensure remediation of shortfalls / close outs
Client Servicing: coordinate loan draws and roll-overs with Credit Management; attend and respond to requests from clients/PRMs; and effectively resolve issues and/or problems; also
Partnership : maximize partner relationships and refer cross sell opportunities to appropriate professionals in RBC WM and RBC enterprise. AUTHORITIES, IMPACT, RISK
Recommends credit transactions to Sr. Credit Offic! ers, Regional Head, Credit and/or GRM as per DLA
Authorizes pledge ! releases within delegated authority
Has joint] responsibility for a credit
Very significant impact on customer service & satisfaction
Contributes to maintaining high quality credit portfolio and resulting revenue, ROE, credit & operational risk exposure and PCL
Nature of work requires taking action and responding within established deadlines, often involving accelerated turnaround, while applying close attention to all details and sound expert judgement
Work in a team environment [onsite and/or virtually] with minimal supervision or oversight (as manager travels extensively)
KEY RELATIONSHIPS
Key Internal:
The position reports directly to Sr. Credit Analyst & Team Leader
Key Interactions are with:
PRMs: Financial Advisors / Private Bankers
Branch, Complex, Centre Managers
Credit Analysts within own team & sometimes other credit teams
Global Credit & Cash Management
Group Risk Management Credit Management, legal, compliance, trust officers, Capital Markets, UHNW team and other internal professionals
Key External:
Clients & prospective clients
Lawyers / solicitors
- .
If you were eligible to this occupation, please send us your resume, with salary requirements and a resume to Royal Bank of Canada.
Interested on this occupation, just click on the Apply button, you will be redirected to the official website
This occupation will be opened on: Fri, 28 Jun 2013 09:14:09 GMT
Apply Credit Analyst - RBC International Wealth Management - Seattle, WA Here