Associate Director, Securitization Credit Risk, Rbc Capital Markets, Llc, New York, Ny:

Royal Bank of Canada

New York, NY, United States
Base: $188,178 py; bonus/equity: discretionary bon...
Clo warehousing credit quality oversight
Credit analysis and underwriting
Risk control framework implementation
Responsible for risk analysis and independent oversight of credit quality of Collateralized Loan Obligations (CLO) Warehouse Lending and Securitization portfolio

Job Summary

  • Responsible for risk analysis and independent oversight of credit quality of Collateralized Loan Obligations (CLO) Warehouse Lending and Securitization portfolio.
  • The role involves reviewing and challenging new transactions to ensure compliance with RBC's risk tolerance and underwriting standards while monitoring portfolio and market developments for senior management insights.
  • The position offers full-time employment with telecommuting permitted up to one day per week and includes a competitive base salary along with discretionary bonuses and comprehensive benefits.

Matching Summary

Responsible for risk analysis and independent oversight of credit quality of Collateralized Loan Obligations (CLO) Warehouse Lending and Securitization portfolio.

Salary

Base: $188,178 per year; Bonus/Equity: Discretionary bonus; Benefits: 401(k) with company match, health, dental, vision, life and disability insurance, paid time off

Skills & Requirements

Must-have

  • CLO Warehousing credit quality oversight
  • Credit analysis and underwriting
  • Risk control framework implementation
  • Modeling securitization risk with Excel and Python
  • SQL database querying
  • Automating portfolio monitoring tasks

Nice-to-have

  • Coaching others
  • Communication skills
  • Detail-oriented
  • Process management
  • Quality management
  • Risk management
  • Standard Operating Procedure (SOP) knowledge

Key Requirements

  • Bachelor’s degree in Finance, Economics, Mathematics, Statistics or related field
  • 5 years progressive post-baccalaureate work experience
  • 5 years experience with leveraged loans, CLOs, structured credit or securitization products
  • Experience in capital markets activities related to CLO and securitization take-outs
  • Experience in credit analysis and underwriting
  • Experience with analytical and quantitative modeling and risk assessment
  • Experience with risk stripes in CLO or securitization segments

Work Rights

Not specified

Tailored Resume

Cover Letter