Municipal Products Associate

What will you do?

• Perform research, analytics, financial modeling and scenario analysis required to evaluate a potential credit deployment opportunity
• Prepare materials for internal presentations to RBC committees and management
• Coordinate credit evaluation with internal RBC partners including GRM-Credit and Corporate Banking
• Conduct daily profit-and-loss reconciliations as well as derivative mark-to-market valuations
• Assist with the management of tender option bond trusts
• Gather, organize and analyze information necessary to prepare proposals, term sheets, client presentations and marketing materials on lending products.
• Take an increasing role on client coverage teams and in formal and informal presentations
• Develop an understanding of economic, financial market, competitive and political forces affecting our projects as well as and the bond market through internal and external resources.
• Coordinate the various activities, internal and external, relating to pricing and settlement of credit deployment transactions. Work closely with Investment Bankers to secure closings.
• Develop data and analytical processing skills, a proficient knowledge of available computer programs & improve data processing system to enhance departmental efficiency.
• Other such duties, responsibilities and authority as may be reasonably required, consistent with the purposes for which you are being hired and your background, experience and prior business activity.
• 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 functionspromptly.

What do you need to succeed?

• BA/BS degree in Business Administration, Finance, Economics, or a related field with demonstrated record of high achievement.
• 1 to 5 years of related professional Municipal Finance experience.
• Proficiency with standard productivity applications such as Microsoft Excel, Word, and Powerpoint, as well as Municipal Finance specific applications such as Bloomberg, Loan Profitability Model (LPM) and CCMS.

• Obtain and maintain Securities Industry Essentials Exam (SIE), Series 52, 63 and 79 licenses
• Quantitative and qualitative skills; strong knowledge of finance and workable knowledge of accounting
• Highly motivated, organized, committed, and responsible, with a demonstrated ability to manage conflicting priorities and requests.
• Excellent interpersonal skills with the ability to establish and maintain relationships at all organizational levels
• Strong communication skills.
• Ability to take initiative and function independently balanced with strong teaming skills.
• Maintain high standards of professional and ethical conduct.

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
• Interaction with senior investment bankers in sectors/coverage groups across the country
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, inclusive, 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 $140,000 - $170,000 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

Job Skills

Additional Job Details

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.