What is the opportunity? 

RBC Portfolio Management & Credit Strategy (PMCS) is hiring a Manager, Small Business.  You will be responsible for the development, implementation, and monitoring of the Small Business credit strategy.  This includes improving the portfolio profitability by recommending solutions that balance risk, reward, operational efficiency and customer impact.  Also, you will support the business targets for growth, while ensuring appropriate risk mitigation strategies are in place and the overall quality of the portfolio is maintained.  Additionally, you will utilize advance data science, continuous testing and Small Business industry expertise to enhance the level of risk management.

What will you do? 

Create acquisitions strategy design across multiple Small Business product platforms e.g. adjudication and exposure management, ensuring adequacy of risk and return etc. through comprehensive data analysis and predictive financial and credit modeling

Conduct performance monitoring and reporting for relevant customer segments, enabling actionable insight for key stakeholders, including Group Risk Management

Lead end-to-end stakeholders meetings with senior management in Group Risk Management, Products and Collection 

Recommend opportunities and drive initiatives that will enhance portfolio performance or improve existing processes

Support new strategy development with advanced analytics

Conduct cross-functional stakeholder management of Operations and GRM teams

Monitor any changes in portfolio Risk to pre-empt stress to Collection

Maintain key relationships with Senior leaders within Risk Management, Small business and other key stakeholders

What do you need to succeed?

Must-have 

Knowledge of data querying tools such as SAS, SQL, Python, etc. Strong familiarity with SAS preferred

Strong analytical and problem solving skills 

Demonstrated track record of thought leadership

Strong interpersonal, communication and presentation skills, with the ability to articulate a compelling business case to senior management 

Undergraduate degree in Economics, Business, Statistics or other quantitative field of study

Nice-to-have 

2-5 years of experience performing advanced analytics, ideally for credit  lending products 

MBA 

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, fair compensation, commissions, and stock where applicable

Leaders who help your development through coaching and managing opportunities

Ability to make a difference and lasting impact 

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

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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.