What is the opportunity
Purpose of Securitization Finance Groups Origination role is to market structure execute and monitor securitized transactions and to be responsible for providing high quality products and services for RBCs clients while at the same time generating a material source of revenue favorable risk/return profile cross-selling opportunities and client impact for RBC.
What will you do
- Responsible for business generation within a specific asset class funded in the CAD conduits and / or directly on the RBC balance sheet
- Production of marketing material for existing and target clients
- Assist with client sponsorship review
- Participate in the Business Approval Process (Commitments Committee)
- Prepare credit write-ups (Transaction Request) that contain transaction terms and conditions. Coordination of review and approval of Transaction Request by Global Risk Management and the conduit equity provider (where applicable)
- Conduct client seller servicer due diligence. Prepare due diligence report
- Structure securitization transactions
- Work with clients and attorneys to develop and negotiate transaction documentation
- Liaison with rating agencies to obtain rating agency approval
- Review of monthly client Seller Report
- Preparation of annual renewals of existing transactions
- Run transaction returns and optimize financial resources consumed
- Maintenance of client relationships
- Prepare marketing material and help fixed income distribution group place public or private term asset-backed securities
- Proactively identify operational risks / control deficiencies in the business
- Prepare and manipulate Excel-based cash flow models of transactions
- Set up transactions on Securitization Finances database (KME)
- Manage team members according to Managerial Excellence
- Manage rating agency relationships for the Canadian ABCP conduits
- Ongoing conduit management including money market desk relationship ABCP investor relationships monitoring liquidity coverage ratio managing all trust documentation changes and all regulation changes that arise
- Provide regular updates on conduit performance and any regulatory or legal news
Managerial Excellence:
- Ensure that employees understand RBC vision as well as support and reinforce targeted behaviors that contribute to RBC goals
- Provide focus and clarity in establishing individual goals driving performance management supporting career development and rewarding strong performance
- Leverage the value in unit department and enterprise-wide teams to develop better solutions and achieve a cross-enterprise mindset
- Accept and successfully execute change while supporting employees through the process and keeping them focused on business priorities
- Understand and exemplify our people driven client focused leadership model; driving impact unlocking the potential of our people adapt quickly always learning
- Contribute to an exceptional employee experience through strong people leadership practices that amplify our Collective Ambition and exemplify the Leadership model to inspire support and empower employees to achieve their potential
- Growth mindset and a focus on always learning; promotes a value based and inclusive workplace; embraces diverse styles and perspectives; actively mitigates bias and improves diversity representation
What you need to succeed
- Prior securitization or credit product experience
- MBA or BS in finance economics or marketing
- Solid understanding of credit markets
- Ambitious individual with strong presentation skills
- Possess strong written and oral communication skills
- Ability to prioritize and effectively manage a large workload in ahigh pressure environment
- Ability to multi-task with little supervision
- Ability to interact effectively & establish good working relationships with other personnel with internal and external clients
- High proficiency in Word PowerPoint & Excel
Whats 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 competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic collaborative progressive and high-performing team
- Opportunities to do challenging work
- Flexible work/life balance options
Job Skills
Business Case Design Competitive Markets Decision Making Financial Regulation Financial Services Industry Interpersonal Relationship Management Negotiation Product Services Risk Management Strategic Thinking
Additional Job Details
ROYAL BANK PLAZA 200 BAY ST:TORONTO
TORONTO
Canada
37.5
Full time
CAPITAL MARKETS
Regular
Salaried
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At 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.
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Required Experience:
Director