<p>Job Summary</p> <p>Job Description</p> <p>What is the Opportunity?</p> <p>Provide effective risk assessment, credit analysis, adjudication and monitoring of an Asset Backed Securities (ABS) portfolio.</p> <p>What will you do?</p> <ul> <li> <p>Credit officer for a portfolio of Traditional and Non-Traditional Asset Backed Securities (ABS) borrowers</p> </li><li> <p>Provide effective risk assessment, credit analysis, adjudication and monitoring of assigned portfolio</p> </li><li> <p>Assign ratings to ABS borrowers and continuously monitor portfolio for ratings accuracy</p> </li><li> <p>Evaluates variables that affect credit risk; works and communicates with colleagues outside of own department concerning credit risk considerations</p> </li><li> <p>Implements quantitative analysis methods and related technology-based tools to analyze data in order to effectively monitor, measure, and manage credit risks</p> </li><li> <p>Analyzes business activities and credit risk of investments on the organization; ensures credit transactions are in compliance with credit risk management policies and procedures, limits, and guidelines</p> </li></ul> <p>What do you need to succeed?</p> <ul> <li> <p>3+ years experience with Securitization or Structured Products</p> </li><li> <p>Post-graduate degree in a quantitative area such as mathematics, finance, engineering preferred</p> </li><li> <p>Previous credit risk, market risk, or rating agency experience preferred</p> </li><li> <p>Proficiency with Word, Excel, PowerPoint</p> </li><li> <p>High level of self-motivation; able to manage conflicting priorities</p> </li><li> <p>Able to work independently; able to work well in teams</p> </li></ul> <p>What's in it for you?</p> <p>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.</p> <ul> <li> <p>A comprehensive Total Rewards Program include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.</p> </li><li> <p>Leaders who support your development through coaching and managing opportunities.</p> </li><li> <p>Ability to make a difference and lasting impact.</p> </li><li> <p>Work in a dynamic, collaborative, progressive, and high-performing team.</p> </li><li> <p>Opportunities to do challenging work.</p> </li><li> <p>Opportunities to build close relationships with clients.</p> </li></ul> <p>The expected salary range for this particular position is $110,000-$190,000 (New York), depending on your experience, skills, and registration status, market conditions and business needs.</p> <p>You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.</p> <p>RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:</p> <ul> <li> <p>Drives RBC's high-performance culture</p> </li><li> <p>Enables collective achievement of our strategic goals</p> </li><li> <p>Generates sustainable shareholder returns and above market shareholder value</p> </li></ul> <p>#LI - Hybrid</p> <p>#LI - POST</p> <p>Job Skills</p> <p>Additional Job Details</p> <p>Address:</p> <p>BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK</p> <p>City:</p> <p>New York</p> <p>Country:</p> <p>United States of America</p> <p>Work hours/week:</p> <p>40</p> <p>Employment Type:</p> <p>Full time</p> <p>Platform:</p> <p>GROUP RISK MANAGEMENT</p> <p>Job Type:</p> <p>Regular</p> <p>Pay Type:</p> <p>Salaried</p> <p>Posted Date:</p> <p>2025-03-28</p> <p>Application Deadline:</p> <p>2025-05-31</p> <p>Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above</p> <p>Inclusion and Equal Opportunity Employment</p> <p>At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.</p> <p>Join our Talent Community</p> <p>Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.</p> <p>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.</p>