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- Tasks: Manage credit risk for a diverse portfolio of corporate clients across Europe.
- Company: Join RBC, a leading global bank with a commitment to innovation and collaboration.
- Benefits: Enjoy competitive pay, bonuses, flexible benefits, and world-class training.
- Other info: Work in a supportive environment that values diversity and professional growth.
- Why this job: Make a real impact in a dynamic team while developing your financial expertise.
- Qualifications: Strong analytical skills and experience in credit analysis are essential.
The predicted salary is between 55000 - 65000 £ per year.
This is a Senior Associate role within the Group Risk Management Wholesale Credit Risk team in London, focusing on corporates. This is a permanent, full-time role and requires 4 days in our 100 Bishopsgate, London office.
What will you do?
- Responsible for the management and oversight of credit risk of an assigned portfolio of around 45 European focused corporate and leveraged finance loan and derivatives clients.
- The clients are active in a broad range of industries, including transportation, utilities, aerospace and defence, telecommunications, technology, services, healthcare, consumer and industrials.
- The role includes:
- The risk assessment of portfolio counterparties
- Assigning an indicative Borrower Risk Rating at origination and adjudicating subsequent Borrower Risk Rating reviews
- Reviewing new loan originations and monitoring of existing portfolio
- Approving (within delegated authorities) or recommending new or additional credit risk exposure (lending and trading credit) to those entities
- Work in partnership with the front office and other teams within GRM-Credit so that risks are proactively managed and decisions are consistent with the overall risk appetite of RBC.
- Provide support for the growth of RBC Capital Markets business in the UK, Continental Europe and Australia.
What do you need to succeed?
- Must-have
- Ability to assess a variety of loan structures, including financial statement (IFRS) and corporate credit analysis.
- Ability to assess business risk, supported by company reporting, financial, commercial and technical due diligence.
- Familiar with, and ability to review excel based financial forecast models.
- Work collaboratively with the front office teams (Investment Banking, Leverage Finance, Corporate Banking and Derivatives) to manage credit exposure within RBC risk appetite.
- High level of drive and motivation to manage multiple credit requests concurrently during busy times.
- Able to prioritise and produce written communications to tight client deadlines.
- Strong presentation and interpersonal skills as role requires continual engagement with the front office on credit requests.
- Previous experience in corporate loan origination or at a rating agency.
- Accounting or CFA qualification.
What is in it for you?
- A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Opportunities to work with the best in the field
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- A world-class training program in financial services.
Job Skills: Business Data Analysis, Credit Analysis, Critical Thinking, Database Queries, Data Visualization, Decision Making, Long Term Planning, Operational Delivery, Quantitative Methods, Risk Management
Address: 100 BISHOPSGATE: LONDON
City: London
Country: United Kingdom
Work hours/week: 35
Employment Type: Full time
Platform: GROUP RISK MANAGEMENT
Job Type: Regular
Pay Type: Salaried
Posted Date: 2026-04-28
Application Deadline: 2026-05-08
Senior Associate - Corporate Credit Risk (London) employer: Royal Bank of Canada
Contact Detail:
Royal Bank of Canada Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Associate - Corporate Credit Risk (London)
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and risk management sectors. Attend industry events or webinars, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews! Research the company and its culture, especially their approach to credit risk management. Be ready to discuss how your skills align with their needs, and think of examples that showcase your experience in assessing loan structures and managing credit exposure.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your thought process when it comes to credit analysis and risk assessment. This will help you feel more confident and articulate during the real deal.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the team at RBC. So, get your application in and let’s make it happen!
We think you need these skills to ace Senior Associate - Corporate Credit Risk (London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Associate role. Highlight your experience in credit risk management and any relevant skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about corporate credit risk and how your background aligns with our needs. Keep it concise but impactful – we love a good story!
Showcase Your Skills: Don’t forget to highlight your analytical skills and experience with financial statements. We’re looking for someone who can assess various loan structures, so make sure to mention any relevant projects or achievements.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at StudySmarter!
How to prepare for a job interview at Royal Bank of Canada
✨Know Your Credit Risk Fundamentals
Make sure you brush up on your understanding of credit risk management, especially in relation to corporate clients. Be prepared to discuss how you would assess various loan structures and the factors influencing Borrower Risk Ratings.
✨Showcase Your Analytical Skills
Since the role involves financial statement analysis and due diligence, come ready to demonstrate your analytical prowess. You might be asked to interpret financial models or assess business risks, so practice explaining your thought process clearly.
✨Collaborate Like a Pro
This position requires working closely with front office teams. Think of examples from your past experiences where you successfully collaborated across departments. Highlight your interpersonal skills and how you can contribute to a cohesive team environment.
✨Prepare for Real-World Scenarios
Expect scenario-based questions that test your decision-making under pressure. Prepare by thinking through potential credit requests you might encounter and how you would prioritise and manage them effectively while adhering to risk appetite.