Associate, Fund Finance in London

Responsible for assisting the management of Analysts and supporting Vice Presidents (VP), Directors and Managing Directors (MD) to drive / undertake origination, analysis, structuring, negotiation, closing and monitoring of fund finance loans. The successful applicant will work closely with Analysts/Associates/VPs in regard to 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. RBC’s expectation is that all employees and contractors will work in the office with some flexibility to work up to 1 day per week remotely, depending on working arrangements.

What will you do?

• Assist the relationship drive/ undertake qualification, origination, analysis, structuring, negotiation, closing and monitoring of Fund Finance loans that meet RBC’s risk/ return parameters on a stand-alone basis, and support the broader client relationship goals.
• Drive revenue and profitability growth of the Fund Finance platform and 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, Risk, Operations, Transaction Management, KYC, Treasury, Finance, Trading teams, Corporate Banking and GIB sponsor coverage and product/sector teams.
• Assist cross-sell and delivery of new revenue initiatives.
• Prepare reports for Risk partners, Town Halls, Operating Committee, and wider Senior Management, from time to time.
• Review, comply and propose enhancements with/to RBC policies applicable to fund finance, LDS (Loan Documentation Standards) and BRR (Borrower Risk Rating), LGD (Loss Given Default) methodologies.

What do you need to succeed?

Must-have

• 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.

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. Work in a dynamic, collaborative, progressive, and high performing team. Opportunities to build close relationships with clients. Opportunities to take on progressively greater accountabilities.

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.