Job Description
Job Summary
Job Description
What is the opportunity?
As an Associate on the Ratings and Monitoring team, you will be responsible for assessing credit ratings of Capital Markets borrowers and counterparties, verifying covenant compliance, monitoring company and industry developments and identifying key risk events. The role will require you to develop industry expertise and collaborate with internal stakeholders across several sectors of the Business; including Adjudication, Business, Global Credit and other Capital Markets areas.
What will you do?
For the assigned portfolio, you will be responsible for:
Portfolio of clients in the Financial Institutions and Non-Banking Financial Institutions space
Managing and monitoring credit risk, which includes identifying key credit events, reviewing / refreshing credit risk ratings at a minimum on an annual basis;
Participate in team deliverable targets with respect to regulatory / audit requests;
Ensure borrower’s compliance of terms and conditions of credit agreements / ISDAs;
Develop expertise in assigned portfolio, policies and guidelines, and provide value added advice to internal partners;
Conduct research, analyze financial statements and develop financial projection; and
Collaborate cross-teams and with our business partners.
What do you need to succeed?
Must-Have:
Self-motivated with a combination of strong credit and analytical skills
Ability to critically assess financial statements and other client reports and draw reasoned conclusions
Excellent verbal and written communication skills
Strong stakeholder management and collaboration skills
Ability to work effectively within a team environment.
5+ years knowledge and experience in credit risk and/or financial analysis
High degree of computer literacy: MS Office Suite, database software, and electronic tools for on-line research
Nice-To-Have:
Academic background with a Master’s level accreditation: usually an MBA, CFA, CPA or other professional designation
Experience with S&P, Capital IQ, Moody’s
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.
Leaders who support your development through coaching and managing opportunities
Work in a dynamic, collaborative, progressive, and high-performing team
Opportunities to do challenging work
Flexible work/life balance options
Job Skills
Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork
Additional Job Details
Address:
ROYAL BANK PLAZA, 200 BAY ST:TORONTO
City:
TORONTO
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
CAPITAL MARKETS
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2026-06-16
Application Deadline:
2026-06-23
Note: Applications will be accepted until 11:5+ 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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
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.
Job Description
What is the opportunity?
As an Associate on the Ratings and Monitoring team, you will be responsible for assessing credit ratings of Capital Markets borrowers and counterparties, verifying covenant compliance, monitoring company and industry developments and identifying key risk events. The role will require you to develop industry expertise and collaborate with internal stakeholders across several sectors of the Business; including Adjudication, Business, Global Credit and other Capital Markets areas.
What will you do?
For the assigned portfolio, you will be responsible for:
Portfolio of clients in the Financial Institutions and Non-Banking Financial Institutions space
Managing and monitoring credit risk, which includes identifying key credit events, reviewing / refreshing credit risk ratings at a minimum on an annual basis;
Participate in team deliverable targets with respect to regulatory / audit requests;
Ensure borrower’s compliance of terms and conditions of credit agreements / ISDAs;
Develop expertise in assigned portfolio, policies and guidelines, and provide value added advice to internal partners;
Conduct research, analyze financial statements and develop financial projection; and
Collaborate cross-teams and with our business partners.
What do you need to succeed?
Must-Have:
Self-motivated with a combination of strong credit and analytical skills
Ability to critically assess financial statements and other client reports and draw reasoned conclusions
Excellent verbal and written communication skills
Strong stakeholder management and collaboration skills
Ability to work effectively within a team environment.
5+ years knowledge and experience in credit risk and/or financial analysis
High degree of computer literacy: MS Office Suite, database software, and electronic tools for on-line research
Nice-To-Have:
Academic background with a Master’s level accreditation: usually an MBA, CFA, CPA or other professional designation
Experience with S&P, Capital IQ, Moody’s
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.
Leaders who support your development through coaching and managing opportunities
Work in a dynamic, collaborative, progressive, and high-performing team
Opportunities to do challenging work
Flexible work/life balance options
Job Skills
Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork
Additional Job Details
Address:
ROYAL BANK PLAZA, 200 BAY ST:TORONTO
City:
TORONTO
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
CAPITAL MARKETS
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2026-06-16
Application Deadline:
2026-06-23
Note: Applications will be accepted until 11:5+ 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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
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.
💡 Quick Summary
Seeking a career-building opportunity? The Associate, Ratings & Monitoring position is now open for candidates interested in the Bank Jobs sector. This role in Toronto offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
