Job DescriptionWhat is the opportunity?As an Associate on the Rating and Monitoring team, you will be responsible assessing credit rating of Capital Market borrowers, verifying covenant compliance, monitoring company and industry developments and identifying key risk events. The role will require you develop industry expertise and collaborate with analysts across several sectors of the Business; including Adjudication, Corporate Banking, Global Credit and other Capital Markets areas. This role also requires you to pay-it-forward, as such you are expected to coach and mentor junior risk analysts.
What will you do?For the assigned portfolio you will be responsible for:
- Managing and monitor credit risk, which includes identifying key credit event, reviewing / refreshing credit risk rating.
- Participate in team deliverable targets with respect to regulatory / audit request
- Ensure borrower's compliance of terms and conditions of credit agreement
- Develop expertise in assigned portfolio, policies and guidelines, and provide value added advice to internal partners
- Conduct research, analyze financial statements and develop financial projection
- Collaborate cross-teams and with our business partners.
What do you need to succeed?Must-Have: - Self-motivated with a combination of strong credit and analytical skills
- Ability to critically assess financial statements and other client reports and draw reasoned conclusions
- Excellent verbal and written communication skills
- Ability to work effectively within a team environment
- 3-5 years knowledge and experience in credit risk and/or financial analysis
- High degree of computer literacy: MS Office Suite, database software, and electronic tools for on-line research
Nice-To-Have:- Academic background with a Master's level accreditation: usually an MBA, CFA, CPA or other professional designation
- Consumer/Chemicals & Restaurants experience
- Experience with S&P, Capital IQ, Moody's
What's in it for you?- A comprehensive Total Rewards Program including performance-based bonuses, flexible benefits, competitive compensation packages
- Leaders who prioritize development and provide opportunities for accelerated career growth
- Work in a dynamic, collaborative, progressive, and high-performing team
- Ability to make a difference and lasting impact
Job SkillsBusiness Data Analysis, Communication, Computer Literacy, Credit Analysis, Critical Thinking, Data Visualization, Decision Making, Financial Statement Analysis, Interpersonal Communication, Prioritization, Quantitative Methods, Risk Management, Teamwork, Written Communication
Additional Job DetailsAddress:ROYAL BANK PLAZA, 200 BAY ST:TORONTO
City:Toronto
Country:Canada
Work hours/week:37.5
Employment Type:Full time
Platform:CAPITAL MARKETS
Job Type:Regular
Pay Type:Salaried
Posted Date:2026-07-23
Application Deadline:2026-08-07
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
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 RangeThe expected pay range for this position is:
$90,000.00 - $135,000.00
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 rage 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 that business meets its performance targets and you meet your individual goals.
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.
