RBC · 1 day ago
Credit Risk Manager
Chicago, IL
Full-time
Onsite
Mid, Senior Level
$85K/yr - $150K/yr
5+ years expRBC is a leading financial institution, and they are seeking a Credit Risk Manager to support the reimagining of their margin credit risk team. The role involves managing relationships, implementing risk management policies, analyzing credit data, and ensuring compliance with regulatory requirements.
BankingFinancial ServicesWealth Management
Responsibilities
Manages and maintains relationships with vendors, the IT department and end users regarding loan servicing software specifications and up gradation
Establishes internal policies and procedures on loan relationship management to ensure high standards and quality work in loan service processes
Monitors and oversees all activities related to the loan servicing lifecycle from loan setup to post closing
Directs, motivates, and evaluates the performance of loan service team members
Analyze margin credit data and financial information to evaluate marginability of securities
Develop and implement credit risk policies to minimize losses
Monitor loan portfolio and identify potential risks
Prepare credit risk reports for senior management
Collaborate with other departments to manage credit risk
Ensure compliance with regulatory requirements and internal risk policies
Drive automation and improvement in risk management practices
Lead product development for the group
Participates in internal committees and industry groups to promote operational efficiencies and enhance knowledge
Leverage/promote use of technology to achieve operational efficiencies and mitigate risk
Qualification
Required
Bachelor's degree preferred or relevant experience
5+ years' experience at a wealth management firm showing progression supporting risk management for margin and other securities-based lending programs
Experience managing credit risk analysis of securities
Strong understanding of the margin regulatory and legal environments
Strong problem-solving skills
Strong communication skills
Strong interpersonal skills, including developing relationships with key internal and external partners
Strong ability to ask critical questions, anticipate problems/future needs, and take ownership
SIE Series 24, 7 and Series 63 licenses required or to be obtained within 90 days of employment start date
Demonstrated interpersonal effectiveness of working with a diverse set of departments across an organization
Demonstrated ability to adapt to changing business environments and adjust strategic plan, if necessary
Preferred
Highly desired, but not required, experience leading product conversion to new provider
Benefits
401(k) program with company-matching contributions
Health, dental, vision, life, disability insurance
Paid-time off
Company
RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance.
10001+ employees
H1B Sponsorship
RBC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (29)
2024 (17)
2023 (3)
2022 (4)
2021 (1)
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
$16.3B2025-10-30Post Ipo Debt· $5B
2025-09-15Post Ipo Debt· $1.35B
2025-07-10Post Ipo Debt· $177.74M
Leadership Team
Graeme Hepworth
Chief Risk Officer
Kelly Bradley
Chief Human Resources Officer
Recent News
Private Capital Journal
2026-01-09
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