Director, Cards Credit Strategy & Portfolio Management

What is the opportunity?

As part of the Group Risk Management team, the Director, Cards Credit Strategy & Portfolio Management will be responsible for driving portfolio growth, through designing and executing credit strategies that balances profitability, credit risk, and client experience.

The role will also contribute to RBC’s AI innovation ambition through AI & Data Transformation (ADT) project, partnering with Borealis AI and product teams to advance RBC’s AI journey.

What will you do?

• Support the Retail Cards business targets for balance growth, market share, profitability while remaining within risk appetite
• Lead a team to develop and manage credit strategy, monitor portfolio performance, advance underwriting framework, and forecast credit losses

What do you need to succeed?

Must Have:

• Expert knowledge of credit principles and risk management techniques including credit scoring models and their application in credit strategy development
• Proven experience leading a team of skilled professionals to deliver aggressive targets in a highly technical environment
• Strong communication skills with the ability to translate complex strategies and data insights into concise narratives for broad range of senior executives
• Minimum of 8 years relevant experience in the financial services industry, with a comprehensive understanding of risk, finance, and the issues specific to unsecured underwriting

Nice-to-Have:

• High degree of organization and ability to multitask and shift priorities
• Experience managing credit card business at large financial institution

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.

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

Job Skills

Additional Job Details

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTOTorontoCanada37.5Full timeGROUP RISK MANAGEMENTRegularSalaried2026-05-072026-05-30

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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.

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.