Vice President, Uhnw Credit - Toronto, Canada - Royal Bank of Canada

Royal Bank of Canada

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Come Work with Us
At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title
Vice President, UHNW Credit

What is the opportunity?

We are currently seeking a Vice President, UHNW Credit to lead our credit team working with our ultra-high net worth Private Banking clients across the country.

As a Senior Leader on the Private Banking credit team, you will contribute to Private Banking's growth objectives by:

Delivering bespoke and innovative credit solutions to UHNW clients
Build and expand market presence amongst UHNW clients across Canada
Foster and leverage strategic relationships with functional units and crossplatform partners and
Identify opportunities and assist with the implementation of new product solutions for the UHNW client segment.

Lending to this client segment involves complex loan underwriting and lending structures with credit facilities typically in the $50MM+ range.

Our clients are highly entrepreneurial in nature, focused on seizing opportunities and growing wealth.

As well, they are typically important strategic relationships with business across the enterprise including Canadian Banking, Wealth Management and Corporate Banking.

We are recognized as industry leaders in this market. This is a highly skilled and engaged lending team supported by strong partnership with Risk Management.

What will you do?

Lead, coach and develop a highly engaged team of Private Banking Directors UHNW
Drive excellent and consistent customer experience, establishing and leading to dedicated turnaround times, flexing deal flow effectively across team, active monitoring and followup
Ensuring our lending solutions are creative and leading edge, reflective of the financial strength and enterprise value of the client base. Ensure we build strong structures and business cases
Drive significant growth in our complex lending business and maintain our leadership position
Work closely with our Private Banking Strategy team as well as key partners in Risk, Product, Operations and Sales to build our complex lending capability
Provide strategic leadership to ensure our product offering is best in class and our delivery model scalable for future growth

What do you need to succeed?

Must Have
years experience in Private Banking, Corporate/Capital Markets or Senior Commercial Markets

Strong lending experience including the ability to formulate creative lending solutions, build effective loan structures and complete thorough loan underwriting
University graduate with business related skills and knowledge and relevant designations to support UHNW credit (e.g. CFA, MBA, CA, CFP)
Strong client focus and negotiating skills as well as ability to manage to tight timelines and work with numerous stakeholders within and outside the bank
Excellent communication skills, both spoken & written
The ability to partner and lever other areas of expertise within the bank in the development of solutions will be essential (e.g., Risk Management, Business Banking, Capital Markets, Insurance)
Desire and capacity to concurrently drive business performance and strategic business
Experience leading, coaching and developing a high performing team to results and high employee engagement

Nice to Have

Ability and experience driving new business strong new business orientation including leveraging COI network

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, competitive compensation, commissions, and stock where applicable
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and highperforming team
Opportunities to do challenging work

Job Summary

Address:

TORONTO, Ontario, Canada

City:

CAN-ON-TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Personal and Commercial Banking

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

Inclusion
and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are co