Manager, Hef Credit Risk Analytics
Job Summary
This role gives the incumbent the opportunity to build on these strengths: cross-enterprise mindset, understanding of consumer behaviour and RBC risk appetite, and adaptability to the dynamic credit environment. This position specializes in insight-generation through in-depth portfolio.
Job Description
What is the opportunity?
The Manager, HEF Credit Risk Analytics will support the Senior Manager of Consumer Portfolio Management and the Portfolio Management & Credit Strategy (PM&CS) team in managing portfolio health with a focus on Home Equity Financing (HEF) Products and identifying trends, developing insights and making recommendations on performance and loss forecast.
This role gives the incumbent the opportunity to build on these strengths: cross-enterprise mindset, understanding of consumer behaviour and RBC risk appetite, and adaptability to the dynamic credit environment. This position specializes in insight-generation through in-depth portfolio.
What will you do?
Use data to generate insights and support HEF portfolio analytics across the entire credit value chain and identify trends that support recommendations on acquisition, performance and loss forecast.
- Deliver timely and accurate analytics by:
- Understanding business and regulatory reporting needs
- Establishing analytical framework
- Performing all manner of data mining activities, including data validation
- Summarizing findings
- Communicating to stakeholders
- Integrate measures into existing reports
- Develop and execute routines to measure and monitor effectiveness of policy and process changes to determine success and make adjustment recommendations where required
- Ongoing portfolio monitoring and commentary and provide regular performance updates to stakeholders - which includes HEF Business Partners, OSFI, Finance and Enterprise Risk
- Support PM&CS initiatives, analytics, and adhoc requests as required
- Partner with teammates to design incisive and meaningful risk-monitoring measures used to maintain overall portfolio quality
- Have shared responsibility for building, validating, and automating new metrics and reports
- Assist with researching and enhancing automation methodologies
- Participate actively in the exchange of knowledge relating to products, data and analytical methodology
- Manage daily workflow, resolve conflicting priorities and negotiate deliverables with minimum supervision
- Promote and share best practices with teammates
- Champion a positive, trusting and satisfying work climate
- Understand and share RBC Personal Financing Products strategic priorities
What do you need to succeed?
Must-have
Degree in Engineering, Statistics or other quantitative field of study
Significant experience with:
- Advanced SQL skills
- Strong Python/SAS or equivalent programming experience
- Expert in MS Excel and ability to create effective PowerPoint presentations
- Effective and conversant in business and technical environment
- Proven analytical skills
- Good understanding of consumer behaviour and credit risk
- Collaborative and supportive attitude
- Creative thinker
- Strong Attention to detail
Nice-to-have
Knowledge of Teradata, DB2, Oracle
Familiarity with Tableau, R languages
Working knowledge of consumer credit products
Experience in credit risk
What's in it for you?
A comprehensive Total Rewards Program including bonuses and flexible benefits and competitive compensation.
Leaders who support your development through coaching and managing opportunities.
Ability to make a difference and lasting impact.
Flexible work/life balance options.
Work in a dynamic, collaborative, progressive, and high-performing team.
Opportunities to do challenging work.
Job Skills
Business Data Analysis, Credit Analysis, Critical Thinking, Database Queries, Data Visualization, Decision Making, Quantitative Methods, Risk ManagementAdditional Job Details
Address:
City:
Country:
Work hours/week:
Employment Type:
Platform:
Job Type:
Pay Type:
Posted Date:
Application Deadline:
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.