Corporate Banker - Associate / Vice President

PURPOSE

A Vice President or Associate in the Diversified Corporates team, within US Corporate Banking, will assist with client coverage and provide stand-alone execution capability for assigned corporate banking clients in a rapidly expanding investment banking and capital markets platforms.

PRINCIPAL RESPONSIBILITIES

• Structure and execute acquisition loans, bridge loans, corporate revolvers and bilateral loan transactions.
• Preparation of credit submissions and other documentation related to the transaction approval process (including assistance with loans syndications, pipeline management, single name strategies and exceptions committee papers) through closing and ongoing monitoring.
• Negotiate and review requisite legal documents related to executing transactions.
• Lead or assist in relationship coverage of portfolio clients, including identification of cross sell opportunities in coordination with DCM, Risk Solutions Group, Cash Management, IB, ECM, etc.
• Proactive portfolio management including timely updates on client, industry and market performance, particularly in connection with any signs of potential deterioration or developments requiring amendments/waivers to existing loan documentation.
• Review and comply with Firm Policies applicable to your business activities.
• Proactively identify operational risks / control deficiencies in the business
• Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functionspromptly.

JOB SPECIFICATIONS AND QUALIFICATIONS

Basic Qualifications

• Advanced or Bachelor's Degree with a focus in Business, Economics, Mathematics or other quantitative fields, CFA or other relevant professional designation.
• Minimum 5 years of related work experience in corporate finance and/or corporate banking.
• Strong financial modeling abilities, as well as superior writing and presentation skills.
• Excellent interpersonal skills with ability to maintain relationships at all levels within and outside of the organization.
• Ability to take initiative and function independently, balanced with strong team skills.
• Ability to manage multiple projects and simultaneous workflows.
• Maintain high standards of professional and ethical conduct.
• Develop and train junior team members.
• Strong PC and MS Office skills.

Suggested Qualifications:

• Formal Credit training; Master's Degree; CFA or other relevant professional designation preferred.
• Client calling experience preferred.

AUTHORITIES, IMPACT, RISK

• Evaluates new deals within group to determine whether to recommend committing RBC's capital and resources.
• Make recommendations on transaction terms and conditions that are appropriate to the specific deal/client.
• If applicable, duly registered Vice Presidents are empowered to complete and sign commitment and engagement letters along with non-disclosure and confidentiality agreements after obtaining all appropriate business and/or legal approvals.

KEY RELATIONSHIPS

• In support of primary coverage banker, build and maintain client relationships in your coverage universe.
• Corporate Banking staff.
• Develop and expand Capital Market relationships: IB, DCM, Leverage / Syndicated Finance, GLA and other product areas.
• Develop a working relationship and trustful partnership with Group Risk Management and Credit Transaction Management.

WORKING CONDITIONS

• Can be a high stress environment that requires quick turnaround and decision making.
• Ability to operate in demanding work environment with tight timelines and to commit to over and above regular work hours as required (including evenings and weekends).
• Travel may be required on relatively short notice for periods up to a week at a time.
• Office environment on site presence 4+ days.

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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
• Leaders who support your development through coaching and managing opportunities.
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Opportunities to do challenging work.
• Opportunities to build close relationships with clients.

The expected salary range for this particular position is $160,000 - $225,000, depending on your experience, skills, and registration status, market conditions and business needs. You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC's high-performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

Job Skills

Additional Job Details

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.