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Full-Time
On-Site

Director, GRM Commercial Credit, Real Estate Development

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Description

The Director, part of the Group Risk Management team, is responsible for the primary adjudication and decision-making regarding the approval and amendment of new and existing credit commitments within RBC's Real Estate Development Lending Portfolio. This role involves reviewing generally large credit exposures for top-tier Canadian developers, offering transaction structuring advice to mitigate risks, comprehending the risk profiles of transactions, and communicating recommendations to senior leadership. The focus is on maintaining portfolio quality, aligning with business objectives, ensuring operational effectiveness, sharing best practices with partners, striving for high efficiency in portfolio management, and enhancing the client experience.

What We're Looking For

Work with the team to maintain a strong risk profile and manage the assigned portfolio to minimize losses and maximize return.,Adjudicate Real Estate Development credit applications within delegated lending limits.,Influence portfolio quality through strategic risk assessment, attention to data quality, and knowledge-sharing.,Deliver consistent decisions with solid communication of rationale for support, amendments, or declines.,Ensure clients and colleagues are treated with respect, professionalism, and empathy, maintaining good working relationships.,Look for and act upon opportunities to strengthen the efficiency, accessibility, and responsiveness of key risk processes and practices.,Partner with stakeholders to achieve collective results.,Act as a catalyst to ensure the team is strategically aligned with business strategies while maintaining the Bank's desired risk profile.,Take initiative to proactively seek, demonstrate, and facilitate consistency in credit adjudication, fully utilizing other risk team resources.,Ensure accurate and consistent processes/controls are in place and followed to protect shareholder interests.,Ensure credit transactions are adjudicated, for the most part, within Policy Guidelines, Standards, and Procedures and mitigate risks as necessary.

Ideal Candidate

5+ years of commercial real estate experience with a preferred focus on Real Estate Construction and Development (Must-have),Strong communication, coaching, and conflict resolution skills (Must-have),Proven ability to make decisions in the presence of pressure and uncertainty (Must-have),Undergraduate Degree (Must-have),Previous Real Estate experience within commercial or corporate banking (Nice to have),In-depth knowledge of RBC Risk Policies, procedures & practices, Folios etc. (Nice to have),Proficiency with Bank Technology (Nice to have),Post graduate qualifications (CFA, CMA, MBA etc.) (Nice to have)

Minimum Education

Undergraduate Degree

Hard Skills

Commercial Real Estate
Credit Analysis
Decision Making
Financial Statement Analysis
Fraud Management in Retail
Leadership
Loss Prevention Plans
Real Estate
Real Estate Development
Retail Audits
Retail Investigations
Retail Problem Management Process
Retail Service Request Management Process
Retail Systems
Taking Ownership

Soft Skills

Communication
Coaching
Conflict Resolution
Decision Making
Leadership
Taking Ownership

Work Hours

37.5 hours/week

Benefits

Comprehensive Total Rewards Program (bonuses
flexible benefits
competitive compensation)
Ability to make a difference and lasting impact
Work in a dynamic/collaborative/progressive/high-performing team
Opportunities for progressively greater accountabilities

Also Available At

About the Company

R

Royal Bank of Canada

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. As Canada's largest bank, it provides personal and commercial banking, wealth management, and capital markets services to over 17 million clients worldwide.

Purpose-driven
Inclusive
Innovative
Collaborative
Professional
View all jobs at Royal Bank of Canada

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