Analyst / Associate, Alternate Finance - Private Credit

Analyst/Associate, Alternate Finance - Private Credit

As an Analyst/Associate in Alternate Finance, you will support the team's loan financing operations focused on private credit, middle market loans, and broadly syndicated loan facilities. You will play a key role in monitoring existing private credit loan portfolios and contributing to the team's private credit loan evaluation processes including underwriting collateral obligations, assigning advance rates, identifying valuation adjustment events, and assigning loan values. This role provides exposure to private credit, structured finance, credit analysis, and innovative approaches to portfolio management in a dynamic and entrepreneurial environment.

Roles & Responsibilities

• Conduct credit analysis and due diligence on loan submissions from clients, including reviewing borrower investment committee memorandums, financial statements, and covenant packages to form recommendations on loan approval and valuations to senior team members.
• Apply eligibility criteria, concentration limits, and collateral quality tests as defined in facility agreements to client loan submissions.
• Monitor existing portfolios of approved loans, tracking key performance metrics to identify potential credit deterioration or valuation adjustment events.
• Collaborate with clients to discuss portfolio composition, collateral performance, and market developments, building relationships that support business development efforts.
• Interface with the Loan Financing desk, CLO teams, and Group Risk Management to discuss views on single name credit, portfolios, and deal terms.
• Stay current on market trends, credit conditions, and regulatory developments affecting alternate finance and structured lending products.
• Prepare reports and presentations for senior team members and stakeholders on portfolio performance, emerging risks, and market trends in private credit and leveraged lending.
• Leverage technology and analytical tools (including Python, Artificial Intelligence, Excel, SQL, or similar platforms) to improve workflow efficiency, automate reporting processes, and enhance data analysis capabilities.
• Work with third-party service providers (collateral custodians, valuation firms, monitoring agents) to ensure accurate and timely loan valuations and portfolio reporting.

Relevant Skills and Experience

• 2-5 years of experience in credit analysis, leveraged finance, corporate banking, risk, or similar roles.
• Strong understanding of credit fundamentals.
• Demonstrated analytical skills with the ability to assess complex credit situations and distill key information for decision-making.
• Excellent interpersonal and communication skills (both written and oral), with the ability to interact professionally with clients, colleagues, and senior stakeholders.
• Strong attention to detail and commitment to accuracy in analysis, reporting, and documentation.
• Proficiency in Microsoft Excel and financial modeling.
• Ability to work effectively under pressure, manage multiple priorities, and adapt to changing circumstances in a fast-paced environment.
• Self-motivated with an innovative mindset and interest in using technology to enhance processes and workflows.
• Undergraduate degree in Finance, Accounting, Economics, or a related quantitative discipline.
• Knowledge of Python, SQL, or other programming/data analysis tools.
• Familiarity with private credit, middle market lending, or leveraged loan markets.

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 - $150,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and businessneeds.Thissalary 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

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

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.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.