Job Description

What is the opportunity?

As a Senior Manager, Small Business Credit Strategy, you are primarily responsible for developing credit strategies using advanced analytics for Small Business products as well as improving profitability by recommending solutions that balance risk, reward, operational efficiency, and customer impact. You will support the business targets for growth, while ensuring appropriate risk mitigation strategies are in place and the overall quality of the portfolio is maintained

What will you do?

Design credit strategies covering Small Business products, including targeting criteria, adjudication and exposure management, ensuring adequacy of risk and return as well as regulatory and internal compliance through comprehensive data analysis and predictive financial and credit modeling.
Lead end-to-end stakeholders meetings with senior management in Group Risk Management, Product teams, and Collections to understand and propose new strategies designed to help achieve business targets as well as obtain approval of credit strategies with concise rationale supported by comprehensive analysis and documentation.
Identify and recommend opportunities, and drive initiatives that will enhance strategy and portfolio performance or improve existing processes.
Develop and manage performance monitoring and reporting for relevant strategies and customer segments, in order to enable actionable insight for key stakeholders, including Group Risk Management.
Support new strategy development with advanced analytics and data science.
Cross-functional stakeholder management of business, operations and other GRM teams.
Monitor any changes in portfolio risk to pre-empt stress to Collections.

What do you need to succeed?

Must-have

5+ years of experience performing advanced analytics or data science, ideally for credit lending or deposit products.
Proficient technical knowledge of data querying tools such as SAS, SQL, Python, etc.
Strong interpersonal, communication and presentation skills, with the ability to create and articulate a compelling business case to senior management and other stakeholders
Strong analytical and problem solving skills

Nice-to-have

MBA and/or Undergraduate degree in Economics, Business, Statistics or other quantitative field of study.
Experience in financial services industry with broad understanding of risk management, credit strategy, and analytics
Knowledge of Personal and Business banking products

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 and commissions
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team
Opportunities to do challenging work
Opportunities in building close relationships with clients

Job Skills

Big Data, Credit Risks, Critical Thinking, Data Science, SAS Enterprise Guide, Small Businesses

Additional Job Details

Address

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City

Toronto

Country

Canada

Work hours/week

37.5

Employment Type

Full time

Platform

GROUP RISK MANAGEMENT

Job Type

Regular

Pay Type

Salaried

Posted Date

2025-11-17

Application Deadline

2025-12-06

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

Inclusion and Equal Opportunity Employment

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.

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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.