About the Role
The Associate, Corporate Banking - Power, Utilities and Infrastructure (“PU&I”) candidate will be responsible for structuring, execution and management of bank debt for a diversified client base including, regulated utilities, unregulated power, renewables and project finance. As part of the client coverage team, the candidate will optimize the use of the Bank’s balance sheet in connection with Capital Markets / Investment Banking / Sales & Trading relationship goals.
Responsibilities
- Assist in structuring and executing transactions across the US PU&I sector, including acquisition loans, bridge loans, corporate revolvers, and project or asset financings.
- Lead the credit underwriting process and collaborate with internal stakeholders to execute transactions.
- Prepare credit submission materials and other documentation for transaction approval and closing, including loan syndications, pipeline management, and strategy.
- Assist in relationship coverage across U.S. PU&I sectors for Corporate Banking, with secondary responsibility for identifying cross-sell opportunities in all RBC Capital Markets active products and markets.
- Negotiate legal documents required for transaction execution.
- Ensure timely updates on client, industry, and market performance, particularly regarding potential deterioration or developments requiring amendments/waivers to existing loan documents.
Requirements
- Bachelor’s Degree in Business, Economics, Mathematics, or a quantitative field, or equivalent work experience in corporate lending/finance.
- Minimum 5 years of related work experience in corporate finance, project finance, and/or corporate banking.
- Relevant experience with the PU&I industry; project finance experience preferred.
- Strong financial modeling abilities.
- Superior writing and presentation skills.
- High proficiency with Word, Excel, and PowerPoint.
- Excellent interpersonal skills with the ability to maintain relationships at all levels within and outside the organization.
- Ability to take initiative and function independently, balanced with strong team skills.
- Develop and train junior team members.
Skills
- Adaptability
- Critical Thinking
- Customer Service
- Detail-Oriented
- Financial Engineering
- Financial Statement Analysis
- Investments Analysis
- Personal Development
- Personal Initiative
- Teamwork
Location
- BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK
- New York
- United States of America
Work Type
- Full time
- Salaried
Experience Level
- Minimum 5 of years of related work experience
Education Level
- Bachelor’s Degree with a focus in Business, Economics, Mathematics or other quantitative fields, CFA or other relevant professional designation, or acceptable work experience in corporate lending / finance
Salary/Compensations
- $160,000 - $180,000
Benefits
- Bonuses
- Flexible benefits
- Competitive compensation
- Commissions
- Stock where applicable
- Leaders who support your development through coaching and managing opportunities
- 401(k) program with company-matching contributions
- Health, dental, vision, life and disability insurance
- Paid time-off plan
About the Company
- 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.
Equal Opportunity
- RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
