What is the opportunity?

You will provide risk oversight for large Club/Syndicate and Bilateral complex real estate transactions over $7.5MM.  You will provide prompt attention to client draw requests and interact with RBC partners and external groups. You will manage an assigned portfolio in accordance with policies and procedures and mitigate risk for RBC’s real estate and construction financing projects.  

What will you do?

• Apply sound judgement to approve transactions that fall outside of guidelines, while protecting against risk and procedural gaps.
• Identify potential risks and work with Commercial Account Managers (CAM), Group Risk Management (GRM) and National Office teams to resolve them.
• Apply oversight and procedures to ensure compliance to terms and conditions of the loan and other agreements between the Bank and the client
• Review and verify approved Pre-Disbursement Conditions, AML and authorized signatories, to authorize draw advances within approved authorities for new construction projects.
• Use bank policies/guidelines and judgement to manage assigned projects/clients within the bank’s real estate construction portfolio.
• Assess and articulate construction risks of assigned projects/clients and refer deteriorating/high risk situations to the Director/Sr. Director, Real Estate Middle Office.
• Maintain a tracking and reporting system to reflect the most recent information of assigned projects/clients.
• Work closely with Commercial Banking Centers, Group Risk Management, Commercial Advisory Group, Law Group and the Business Service Centre/BLOG. Liaise with clients, lawyers, and Project Monitors, to assist with advancement of draws or the initial legal structure of a deal.

What do you need to succeed?

Must-have

• Previous commercial lending experience. 
• Strong knowledge of commercial credit rules and guidelines.
• Ability to prioritize and manage competing demands from various groups with which the real estate middle office interacts.
• Ability to balance putting “Client First” and ensuring that standards are maintained and deliverables are provided.
• Professional oral and written communication skills.
• Sound judgement and critical thinking skills
• Ability to work effectively in an interactive team environment.

Nice-to-have

• Commercial Account Management or Commercial Credit adjudication experience.
• GRM experience.

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.

• Competitive Compensation
• A professional and supportive team environment  
• A comprehensive training program on internal processes and systems  
• Career progression if you have what it takes to be the best.

RBC is committed to supporting flexible work arrangements when and where available. Details to be discussed with Hiring Manager.

RBC requires as a condition of employment that all successful candidates in the United States and Canada be fully vaccinated against COVID-19 prior to their start date, and may require proof of the same. Reasonable accommodation is available where required by law.