Job description
Come Work with Us!
At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.
Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.
Job Title
Job Description
What is the opportunity?
Responsible for assisting the Associates, VP, Directors and MD to drive / undertake origination, analysis, structuring, negotiation, closing and monitoring of fund finance loans. The successful applicant will work closely with Associates/VPs in regards the collation, analysis and reporting (including presentations) of client and portfolio performance. As part of a broader team, the successful applicant will be accountable for meeting established targets of the Fund Finance team, including growing revenues from above hurdle loans and the ongoing management of credit and operational risk.
What will you do?
- Assist the relationship drive/undertake qualification, origination, analysis,
- Revenue & profitability growth of the Fund Finance platform. Contain and restrict credit losses.
- Research, model, prepare and present transaction papers.
- Undertake pre & post-close lending relationship management to ensure credit and operational risk is addressed early and proactively. This includes working closely with external legal counsel.
- Assist with the management/monitoring of the loan portfolio to ensure product revenues are accurately tracked by client.
- Assist with the development of detailed client strategies.
- Work to prevent, detect, mitigate and eliminate potential for risk and liability to RBC.
- Escalate operational and credit risk events immediately to senior team members and GRM.
- Prepare marketing pitch books and related materials and assist the delivery of client pitches to ‘best in class’ standards.
- Develop and maintain a library of marketing materials for both the fund finance product set as well as ancillary products which may be meaningful to broader business case propositions.
- Work closely with the relationship team to deliver ‘best in class’ content.
- Work closely with internal partners including Law Group, GRM, GLA, CTM, KYC, Treasury, Finance, RSG (FX - hedging), Corporate Banking and GIB sponsor coverage and product / sector teams. Assist cross-sell and delivery of new revenue initiatives.
- From time to time, prepare reports for GRM, Town Halls, OC, and wider Senior Management.
- Proactively identify operational risks/control deficiencies in the business and assist with their mitigation and elimination. Maintain the fund investor database.
- Review, comply and propose enhancements with/to RBC policies applicable to fund finance
What do you need to succeed?
Must-have
- Strong interpersonal skills and an ability to work effectively in a team environment.
- Excellent communication, business development and relationship management skills.
- Rigorous work ethic and willingness to invest time required to meet deadlines while ensuring accuracy.
- Ability to prioritise.
- Technical lending skills.
- Strong financial and credit-risk skills.
- Strong analytical, written and communication / presentational skills.
- Languages: English, French (preferable).
- Credit-risk experience from a known, reputable organisation.
- Knowledge of credit, risk and operational lending processes.
- An understanding of the private capital market, key players, strategic dynamics, and current issues facing the sector.
- Excellent computer literacy including modelling and presentation skills.
- Sound judgement and strong analytical skills.
Nice-to-have
- Fund experience (Private Capital) ideal but not essential – client or bank side.
- Degree educated or equivalent
Job Summary
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Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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