Associate Director, Environmental and Social Risk

Role Overview

• Advise business units and GRM colleagues on E&S risk issues that may represent credit, reputation, or regulatory risk to RBC
• Evaluate E&S risk inherent in individual and/or syndicated credit transactions, and advise account and risk managers on structuring transactions to minimize E&S risk
• Advise the business in relation to the Equator Principles and their applicability to project work, review and advise in relation to consultant and client E&S documentation prepared pursuant to the Equator Principles
• Participate in Equator Principles Association meetings and committees on an ad hoc basis
• Facilitate technical discussions with RBC clients and prospects on the management of E&S issues to help ensure stable financing and protect client interests
• Support and maintain systems to measure, monitor, and report on E&S risk management across RBC’s businesses
• Lead and/or assist with the implementation of RBC’s suite of E&S risk policies and practices in collaboration with RBC’s Business and Corporate Support Segments, including Corporate Environmental Affairs, Capital Markets, Commercial Banking, and other lines of business
• Identify and recommend required updates to RBC’s suite of E&S risk policies

Requirements

• Graduate degree in science or engineering with a minimum of 10 years of related experience in environmental site assessment and/or risk assessment or E&S risk management experience
• Excellent communication skills, both verbal and written
• Understanding of credit adjudication, banking and commercial lending
• Intellectual curiosity, global and strategic mindset with ability to think conceptually
• Professional designation in science or engineering (Nice-to-Haves)
• Work experience relating to, and/or strong understanding of the Equator Principles (Nice-to-Haves)
• Strong record of work experience in financial service industry with good exposure to operational processes, financial products, credit and/or risk management activities, effective risk management approaches and global risk issues (Nice-to-Haves)
• Working knowledge of Environmental Impact Assessments, Biodiversity, and Social risk analysis (Nice-to-Haves)

Benefits

• A comprehensive Total Rewards Program including bonuses and flexible benefits and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Flexible work/life balance options
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work