Margin Credit Risk Manager

Job description

Job Description What is the opportunity?: Support RBC US Wealth Management’s management in reimaging our margin credit risk team, a key component of the cash and lending business. The Credit Risk Manager is a key team member leading the execution and implementation of margin risk management policies and procedures. The Credit Risk Manager will partner closely with internal and external partners ensuring the timely and successful implementation of multiple large and small-scale initiatives. What will you do?: What do you need to succeed? - Manages and maintains relationships with vendors, the IT department and end users regarding loan servicing software specifications and up gradation. - Establishes internal policies and procedures on loan relationship management to ensure high standards and quality work in loan service processes. - Monitors and oversees all activities related to the loan servicing lifecycle from loan setup to post closing. - Directs, motivates, and evaluates the performance of loan service team members. - Analyze margin credit data and financial information to evaluate marginability of securities. - Develop and implement credit risk policies to minimize losses. - M...