Associate, Ratings & Monitoring (6-month fixed term Contract) at Royal Bank of Canada

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

07 Aug, 26

Salary

135000.0

Posted On

09 May, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork, Credit Risk Assessment, Financial Projections, Covenant Compliance Monitoring, Research, Communication Skills, MS Office Suite

Industry

Financial Services

Description

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, 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, Corporate Banking, Global Credit and other Capital Markets areas. What will you do? For the assigned portfolio, you will be responsible for: Managing and monitoring credit risk of a portfolio of corporate Borrowers in various sectors such as Mining, Forestry, Building Materials, Contractors, Retail - tasks include 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 agreement; Develop expertise in assigned portfolio, policies and guidelines, and provide value added advice to internal partners; Conduct research, analyze financial statements and develop financial projections; and Collaborate cross-teams and with our business partners. What do you need to succeed? Must-Have: At least 2 years of experience in credit risk and/or financial analysis 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 Ability to work effectively within a team environment. 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 Ability to make a difference and lasting impact 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: Contract (Fixed Term) Pay Type: Salaried Posted Date: 2026-05-08 Application Deadline: 2026-05-22 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs. Pay Range The expected pay range for this position is: $90,000.00 - $135,000.00 The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable. You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals. 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. 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. RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

Responsibilities

Responsible for assessing credit ratings of Capital Markets borrowers and monitoring covenant compliance and industry developments. The role involves analyzing financial statements, developing projections, and collaborating with internal stakeholders to manage credit risk.