Senior Manager, Commercial Loan Portfolio Reporting & Analytics

What is the opportunity?

The Commercial Loan Portfolio Management team is responsible for providing deep analytical insights pertaining to growth, risk, and returns in the ~$300 billion Commercial Banking loan portfolio. The team's objective is to ensure a thorough understanding of the following key elements:

• Growth: Understanding where the portfolio is growing, where it is contracting and why

• Risk: Understanding emerging risks and risky exposures within the portfolio

• Returns: Understanding the portfolio's profitability to ensure returns outweigh the risks

Reporting is shared with various stakeholders, primarily those at the executive level, across the Enterprise including Commercial Banking National Office, Regional Banking, Corporate Client Group, Group Risk Management, etc.

As part of the Commercial Lending team, the Senior Manager, Commercial Loan Portfolio Reporting & Analytics, will assist in providing valuable insights to senior leadership on the performance of the Commercial portfolio and help promote a "Best of Class" portfolio management environment. The successful candidate will be responsible for analyzing, monitoring, and reporting on the performance of the Commercial Lending portfolio.

What will you do?

• Leverage portfolio and external data to prepare clear, concise, and insightful analysis to senior leadership on key trends within the Commercial Lending portfolio

• Be a point person in assisting with the organization and preparation of materials for Quarterly Business Review meetings with senior management across the Commercial bank

• Build and utilize financial models and data analytics tools to support portfolio optimization strategies and forecast performance under different scenarios

• Assist in the development and maintenance of portfolio monitoring dashboards and reports

• Translate general business questions into analytic requirements and deliver meaningful insights and recommendations to solve business problems

• Use business strategy and growth plans to perform impact and sensitivity analysis on the current portfolio and make optimization recommendations

• Evaluate risk vs. reward by identifying vulnerabilities and opportunities within the portfolio using a data-driven approach

• Collaborate closely with internal stakeholders, including credit risk, finance, and other Commercial teams to enhance portfolio management strategies and ensure compliance with regulatory requirements

• Establish and maintain productive working relationships with Advisors and individuals at all levels, both internally and externally.

What do you need to succeed?

• Completed an undergraduate degree in Business, Finance, Economics, or a related field; emphasis on a quantitative discipline (Statistics, Mathematics, Computer Science, Engineering, etc.) is preferred

• Exceptional analytical skills with proficiency in Excel, SQL, and data visualization tools (e.g., Tableau, etc.)

• Excellent problem solving and critical thinking skills with demonstrated ability to develop targeted data-driven insights in support of business objectives

• A strong interest in data and a desire to hunt for solutions and find creative ways to solve problems

• The ability to effectively communicate analytically complex ideas into clear and concise insights and presentations

Nice to Have

• Experience working in an analytical function (Financial Analysis, Credit Risk, etc.), or as an Analyst or Manager (in Business line, Risk and/or Finance functions)

• Communication: Strong written and oral communications skills to explain complex concepts, influence and build consensus

• Independent work: Skills to understand assigned work and then independently execute towards completion with minimal supervision

• Networking: Ability to build and utilize internal networks to assist in project completion with emphasis on effective collaboration and consideration of diverse perspectives.

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.

• Ability to make a difference and lasting impact

• Work in a dynamic, collaborative, progressive, and high-performing team

• Opportunities to do challenging work

Job Skills

Additional Job Details

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

Inclusion and Equal Opportunity Employment

At 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.