Contractor, Overdraft and Loss Mitigation Strategy - Toronto, Canada - Royal Bank of Canada

Royal Bank of Canada
Royal Bank of Canada
Verified Company
Toronto, Canada

4 weeks ago

Sophia Lee

Posted by:

Sophia Lee

beBee Recruiter
Freelance
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
Contractor, Overdraft and Loss Mitigation Strategy


What is the opportunity?
RBC is hiring a contractor, Overdraft and Loss Mitigation for Portfolio Management and Credit Strategy team. You are responsible for the end-to-end lifecycle of the Collections and Overdraft strategies. This entails the activities of development, implementation, monitoring and optimization of the strategies.

You will be liaising with the Operations team as well as, the modeling team to develop cost optimized Collections and Triage strategies and implement them.


What will you do?

  • Develop Overdraft, Collections and Triage strategy for multiple Retail, Business and Commercial lending portfolio
  • Performance monitoring and reporting for relevant customer segments, enabling actionable insight for key stakeholders, including Group Risk Management
  • Crossfunctional stakeholder management of Operations and GRM teams
  • Monitor changes in portfolio risk to proactively identify upcoming stress with respect to Collections

What do you need to succeed?

Must-haves

  • 37 years' experience with performing advanced analytics for lending products, ideally in portfolio management or collections
  • Strong knowledge of data querying tools such as SAS, SQL, MS Access etc. In particular, advanced skills in SAS are required.
  • 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 business partners

Nice-to-haves

  • MBA, and/or undergraduate degree in Economics, Statistics or other quantitative field of study
  • Prior experience in Collections

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

Job Summary

Address:

TORONTO, Ontario, Canada


City:

CAN-ON-TORONTO


Country:

Canada


Work hours/week:

37.5


Employment Type:

Full time


Platform:

Group Risk Management


Job Type:

Contract (Fixed Term)


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 committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work.

We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.


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