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Securitization Analyst / Associate
Securitization Analyst / AssociateRoyal Bank of Canada • Brookfield, NY, United States
Securitization Analyst / Associate

Securitization Analyst / Associate

Royal Bank of Canada • Brookfield, NY, United States
14 days ago
Job type
  • Full-time
Job description

Job Description

PRINCIPAL RESPONSIBILITIES

  • Production of marketing materials for existing and target clients
  • Provide data analysis, including statistical stratification of collateral portfolios, historical performance statistics, projection of future performance expectations, and derivation of expected case losses
  • Assist with preparation of materials and participate in the com-com (business approval) process
  • Assist with client sponsorship review
  • Assist in the preparation of credit write-ups (Transaction Request) that contain transaction terms and conditions. Coordination of review and approval of Transaction Requests by Group Risk Management and the conduit equity provider (where applicable)
  • Assist in preparing RFPs and Information Memorandums, when applicable
  • Assist in conducting client, seller, servicer due diligence. Prepare due diligence report
  • Assist with structuring of securitization transactions
  • Work with client and attorneys to develop and negotiate transaction legal documentation
  • Liaise with rating agencies to obtain rating agency approval of transactions
  • Assist clients in developing custom, menu driven settlement reports designed specifically to meet the terms and conditions of each transaction, where applicable (Client's Seller Report)
  • Work with clients to extract historical portfolio information and build credit enhancement model
  • Prepare and input required KME templates
  • Assist in annual renewals of existing transactions
  • Help run transaction returns and optimize financial resources consumed
  • Assist in ongoing review and compliance of existing transaction performance (at least monthly)
  • Assist in preparing scope, review and comment on initial and annual transaction AUPs
  • Help with the maintenance of client relationships
  • Other deal / client transaction maintenance as require
  • Proactively identify operational risks / control deficiencies in the business.
  • Review and comply with Firm Policies applicable to your business activities
  • Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions promptly.

JOB SPECIFICATIONS AND QUALIFICATIONS

  • Masters or Undergraduate Degree (Finance, Economics, Mathematics or Liberal Arts preferred)
  • Minimum of 1-2 years of relevant experience preferred
  • Relevant securitization experience preferred
  • 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 a high-pressure environment
  • Ability to multi-task with little supervision
  • Ability to inter-act effectively & establish good working relationships with other personnel within RBC Capital Markets and external clients
  • High proficiency in Word, PowerPoint & Excel
  • Strong quantitative and analytical skills
  • AUTHORITIES, IMPACT, RISK

  • The position is based in New York.
  • The employee is expected to conduct themselves in a manner that is consistent with the Securitization Finance group's business strategy of providing high quality products and services for RBC's clients.
  • Employee is expected to identify and quantify the materiality of transaction and product risk, thereby providing a favourable risk / return profile for RBC in its various capacities.
  • All respective approvals (business, credit, conduit) will be obtained for all transactions and activities as needed.
  • Risks inherent in the Securitization Finance business include : credit risk, liquidity risk, documentation risk, mismatch risk, structural risk, servicing / administrative risk, complexity risk and reputational risk.
  • KEY RELATIONSHIPS

    Internal

  • Group Risk Management
  • Other product origination groups and senior management within RBC Capital Markets including GIB, DCM, Corporate Banking, Derivatives, etc.
  • Relationship Managers / Investment Bankers
  • Other members of Securitization Finance (global)
  • External

  • Clients
  • Servicers
  • Rating Agencies
  • Legal Firms
  • Conduit Equity Provider
  • Other Financial Institutions
  • 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, competitive compensation, commissions, and stock where applicable
  • 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 building close relationships with clients
  • The good-faith expected salary range for the above position is $125,000 - $175,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

    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
  • WORKING CONDITIONS

  • Position may entail travel, domestic and international
  • Considerable attention to detail and accuracy is a must requirement
  • Hours can be long and unpredictable at times
  • Workday starts at 8 : 30am or earlier in the office.
  • Job Skills

    Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork

    Additional Job Details

    Address :

    BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET : NEW YORK

    City : New York

    Country :

    United States of America

    Work hours / week : 40

    Employment Type : Full time

    Platform : CAPITAL MARKETS

    Job Type : Regular

    Pay Type : Salaried

    Posted Date : 2025-11-13

    Application Deadline :

    2026-01-31

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

    I nclusion 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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    Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

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    Associate Analyst • Brookfield, NY, United States

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