Senior Manager – HEF Credit Strategy
| Company | Royal Bank of Canada |
|---|---|
| Location | Toronto, ON, Canada |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s, MBA |
| Experience Level | Senior |
Requirements
- 5+ years of experience performing advanced analytics or data science, ideally for credit lending or deposit products.
- Proficient technical knowledge of SAS, SQL, and Python
- 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 and problem solving skills
- Demonstrated track record of thought leadership
- MBA and/or Undergraduate degree in Economics, Business, Statistics or other quantitative field of study.
Responsibilities
- Design credit strategies covering HEF products, including targeting criteria, adjudication and exposure management, ensuring adequacy of risk and return as well as regulatory and internal compliance through comprehensive data analysis and predictive financial and credit modeling.
- Lead end-to-end stakeholders meetings with senior management in Group Risk Management, Product/Policy teams, and Collections to understand and propose new strategies designed to help achieve business targets as well as 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, in order to enable actionable insight for key stakeholders, including Group Risk Management.
- Support new strategy development with advanced analytics and data science.
- Cross-functional stakeholder management of business, operations and other GRM teams.
- Monitor any changes in portfolio risk to pre-empt stress to Collections.
Preferred Qualifications
- Experience in financial services industry with broad understanding of risk management, credit strategy, and analytics
- Knowledge of Personal banking products and macroeconomics