Associate Director, Securitization Credit Risk, RBC Capital Markets, LLC, New York, NY:

Job Description

Responsible for risk analysis and independent oversight of credit quality of Collateralized Loan Obligations (CLO) Warehouse Lending and Securitization portfolio. Oversee all aspects of CLO Warehousing / Securitization credit quality including internal and regulatory compliance with a key focus on CLO Warehousing (Broadly Syndicated Loans, Middle Market Loans), CLO Credit Underwriting, and Securitization. Establishing and maintaining internal controls that effectively manage risk. Reviewing and challenging new transactions and products to ensure they are in line with RBC's risk tolerance and comply with RBC's underwriting standards, policies and procedures. Approve new or modified transactions. Represent the 2nd line of defense in all new CLO Warehousing deal screenings, perform credit analysis to determine deal viability, and compliance with CLO Warehouse credit underwriting standards. Monitor changes in portfolio and market developments and best practices to extract value-added insight for senior management. Implement changes and improvements to the risk control framework to support development of best practices, market trends and regulatory requirement.

Telecommuting permitted up to 1 day per week.

#LI-DNI

Full time employment, Monday – Friday, 40 hours per week, $188,178 per year.

MINIMUM REQUIREMENTS:

Must have a Bachelor’s degree or foreign equivalent in Finance, Economics, Mathematics, Statistics or a related field and 5 years of progressive, post-baccalaureate work experience.

Must have 5 years of experience in:

• Leveraged loans, Collateralized Loan Obligations, Structured Credit, or Securitization products.
• Capital Markets activities related to CLO and Securitization capital markets take-outs.
• Credit analysis and underwriting to track underlying counterparty performance.
• Analytical and quantitative modeling, underwriting analysis, and risk assessment methodologies to evaluate the credit risk of securitization assets, identify portfolio vulnerabilities, and 
  design and implement control processes to mitigate risk.
• Risk stripes (operational, credit, market, technology, regulatory or legal) in the CLO or Securitization segments.
• Modeling securitization risk within Excel (including advanced VBA) or Python.
• Developing Python-based tools and reporting to monitor risk within existing portfolios.
• Data environments including querying structured data (SQL databases).
• Automating recurring portfolio, monitoring tasks and enhancing operational efficiency through scripting and workflow optimization.

The base salary for this job is $188,178 per year. This salary does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. 

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:

·       Drives RBC’s high-performance culture

·       Enables collective achievement of our strategic goals

·       Generates sustainable shareholder returns and above market shareholder value

TO APPLY: Please click “Apply Now” Button

Job Skills

Coaching Others, Communication, Confidentiality, Decision Making, Detail-Oriented, Information Capture, Process Management, Quality Management, Risk Management, Standard Operating Procedure (SOP)

Additional Job Details

Address:

City:

Country:

Work hours/week:

0

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-12-23

Application Deadline:

Note : Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.