Senior Associate - Credit Monitoring, Control & Documentation

Job Description

What is the opportunity?

As Senior Associate, Credit Monitoring, Control & Documentation, you will be responsible for assisting the credit management functions in support of the US Wealth Management regional loan portfolio, including ensuring that the bank's credit risk monitoring and control activities are sufficient to safeguard the bank's lending activities.

What will you do?

• Review and process new Credit Access Lines, and amendments to existing lines

• Oversee and perform critical functions such as manage past due interest, and ensure loan-to-value percentages are applied in the collateral management systems.

• Ensure credit facilities are properly input and recorded in systems, and participate in Credit Management projects to improve the data integrity of credit reporting

• Assist with producing and distributing reports to senior management as required by local regulators, policies, guidelines or standing instructions/requests

• Prepare and process loan documents and ensure the integrity of information based on RBC's standard for new credits and changes/updates to existing credits.

• Conduct / ensure review of entity documentation for trusts, corporations, LLCs, partnerships, or other borrowing entities and ensure proper filing and maintenance of credit and documentation files.

• Identify opportunities to improve efficiency (including with use of AI tools) within the credit management processes and work and participate as needed in relevant business and risk initiatives/projects.

** Please note that this role supports an US market business and will be required to cover work for the Canadian Statutory holidays.

What do you need to succeed?

Must Have

• Degree/diploma from an accredited university in Finance, Business, Economics or related experience in credit portfolio management and collateral monitoring

• Prior credit administration, credit monitoring, reporting experience

• Strong interpersonal, verbal and written communication skills, and adaptability in considerations of a growing and changing business and regulatory environment and AI tool development

• Computer skills with advanced knowledge of computing systems and spreadsheets (formulas and calculations) and ability to learn and adapt to in-house credit and other workflow systems

• Experience in a fast-paced high-volume environment

• Exhibits High Level of Internal and External Client Service

• Strong analytical & problem-solving skills, with a keen attention to detail. Accurately defines problems and identifies relevant factors while objectively considering alternatives and anticipating the client impact of possible solutions

Nice to Have

• Strong understanding of Wealth Management credit business including inter-relationships between the business, functions and Group Risk Management

• Good understanding of internal credit systems such as CCMS, CreditLink, Salesforce, FIS, CoMS, and RIBS would be an advantage

• Proven experience with and understanding of Private Client and High Net Worth (HNW) credit business

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.

• Opportunities to do challenging work, and to gain wide breadth of exposure in the Credit Management and Monitoring Credit Risk space, Compliance as well as other aspects of product, financial, project and Credit risk.

• Gain a breadth of experience and exposure to the global WM platform

• Opportunities to take on progressively greater accountabilities

• Opportunities to building close relationships with colleagues and clients

Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.

Pay Range

The expected pay range for this position is:

$55,000- $90,000

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay range for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

Job Skills

Adaptability, AI Ops, Communication, Credit Management, Credit Monitoring, Credit Reporting, Efficiency Improvements, Learning Quickly, Loan Documentation, Spreadsheets, Waterfall Model

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-04-17

Application Deadline:

2026-05-04

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

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.

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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.