Royal Bank of Canada

Manager, Auto Finance Credit Strategy

Royal Bank of Canada • $90K — $120K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 2+ years of experience in advanced analytics or data science, preferably in credit lending or deposit products.
  • Proficient in data querying and tools such as Python, SQL, SAS, and Excel.
  • Strong communication skills for presenting complex information to senior management and stakeholders.
  • Excellent analytical and critical thinking skills for problem-solving.
  • MBA and/or an undergraduate degree in Economics, Business, Statistics, or a related quantitative field.

Responsibilities

  • Develop credit strategies for retail banking products based on data analysis and predictive modeling.
  • Present analysis results and recommendations to stakeholders, ensuring alignment with business targets.
  • Identify opportunities for enhancing strategy and portfolio performance while improving processes.
  • Create and manage performance monitoring systems to provide actionable insights for stakeholders.
  • Support the development of new strategies using advanced analytics and data science techniques.
  • Facilitate cross-functional collaboration with business, operations, and risk management teams.
  • Monitor portfolio risk to anticipate and address potential stress in collections.

Benefits

  • Comprehensive Total Rewards Program inclusive of bonuses and flexible benefits.
  • Leadership support for personal development through coaching and opportunities.
  • Collaborative and high-performing team environment.
  • Engagement in challenging work that contributes to client and community success.
Full Job Description
Job Description

What is the opportunity?

As Manager, Personal Banking Credit Strategy, you are primarily responsible for developing credit strategies using advanced analytics for a Retail Banking credit product as well as improving profitability by recommending solutions that balance risk, reward, operational efficiency, and customer impact. You will work to support the business targets for growth, while ensuring appropriate risk mitigation strategies are in place and the overall quality of the portfolio is maintained

What will you do?
  • Support the Senior Manager in designing credit strategies covering a retail banking product, 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.
  • Presenting results of your analysis and recommendations with stakeholders and senior management in Group Risk Management, Product 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.


What do you need to succeed?
Must-have
  • 2+ years of experience performing advanced analytics or data science, ideally for credit lending or deposit products.
  • Proficient technical knowledge of data querying and related tools such as Python, SQL, SAS, Excel, etc.
  • 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, critical thinking, and problem solving skills
  • MBA and/or Undergraduate degree in Economics, Business, Statistics or other quantitative field of study.


Nice-to-have:
  • Experience in financial services industry with broad understanding of risk management, credit strategy, and analytics
  • Knowledge of Personal banking products


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.
  • A comprehensive Total Rewards Program including bonuses and flexible benefits and competitive compensation
  • Leaders who support your development through coaching and managing opportunities
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work


Note: This role is open to flexible start date.

Job Skills
Credit Risk Strategy

Additional Job Details

Address:

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-07-27

Application Deadline:

2026-08-15
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

Stay Connected

Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here at Royal Bank of Canada.

Job Alert Emails

Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities awaiting you at RBC. Explore the possibilities with Royal Bank of Canada, where your future is filled with potential and the path to success is paved with countless opportunities for professional and personal growth. Join us and shape not just your career but the future of the financial industry.
Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
Finance & Insurance
5 Year Trend
+8.7%
NASDAQ
RY
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Royal Bank of Canada

More Finance & Insurance Jobs

Find similar Manager, Auto Finance Credit Strategy jobs:

NationwideToronto, ON