Global Credit (Global Trading Client Management Team) recruitment
Key Responsibilities:
• Provide forward-looking oversight of counterparty and portfolio risks and prepare presentations as required
• Preparation of impact analysis of critical risk events leading to proactive recommendations for limit and term amendments
• Responsible for ensuring AML/KYC and other regulatory requirements are fulfilled for specified trading-only clients
• Assist in the risk identification process thereby helping manage the credit quality of the overall portfolio
• Improve efficiency and productivity through enhancement of automated processes
• Serve as a key reference point to assist relationship managers, salespersons, traders and Middle Office in the development of business cases and strategies in accordance with policy and procedures. These strategies are the crucial element used to obtain limits, generate revenues and assist in overall risk management
• Partner with business units to develop transaction solutions (including structure, amount and term) that provide recommendations supporting business requirements whilst maintaining an appropriate balance between risk and return
• Help manage expectations of relationship managers, salespersons, traders and other interested parties, on the credit appetite of RBC on potential and current relationships
• For new transactions and initiatives on assigned counterparties, work on the preparation of transaction requests and strategies that document business requirements. In addition, assist in arranging for the necessary and appropriate legal documentation including ISDA, GSMA, guarantees
Job Specifications:
• Exceptional financial analysis, research and problem solving skills
• Solid understanding of inter-relationships between global and local economic trends and financial institution risk profiles
• Expert knowledge of the C.A.M.E.L approach to credit risk assessment and develop a strong understanding of RBC processes, standing orders and credit policies
• In-depth knowledge of trading product including derivatives and securities finance and working knowledge of non-trading product offerings supporting cash management, operations and trade
• Advanced data and computer management skills including proficiency with Excel, PowerPoint and Word
Time Allocation:
• 50% Transaction support
• 25% Portfolio management including development and oversight of risk processes
• 25% Continual risk assessment