What are the responsibilities and job description for the Vice President, Non-Traditional ABS Origination position at RBC Capital Markets, LLC?
Job Summary
Job Description
What is the opportunity?
- ABS banker responsible for supporting US ABS Origination transaction execution and assisting senior ABS bankers with client coverage across Non-Traditional ABS asset classes including Transportation, Renewables, Real Estate-related, Communication Infrastructure and more
- Critical execution and ideas-generating role to drive continued growth of Non-Traditional ABS origination across new and existing clients and asset classes
What will you do?
- Support ABS bankers in creating, developing and presenting business ideas across Non-Traditional asset classes , taking lead in planning and drafting initial versions of client presentations and pitch book materials and incorporating comments from senior ABS bankers
- Lead transaction execution by coordinating third parties (issuers, lawyers, rating agencies, accountants, trustees, etc.), review offering and transaction documents, overseeing preparation of sales memos and internal approval documents, amongst other responsibilities
- Interact with internal and external parties to ensure seamless execution on mandated transactions and oversee the ultimate settlement of Non-Traditional ABS transactions
- Collaborate closely with senior ABS bankers and other internal parties on M&A and other strategic transactions where ABS is expected to play a role
- Advise junior staff on maintenance of internal databases of market data, including spreads/yields, deal pricing details, trading data, league tables, etc.
- 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 on a timely basis
What do you need to succeed?
Basic Qualifications
- College graduate with history of strong academic performance
- Series 7, 63 and 79 (will be required within a reasonable time after joining if not currently held)
Other Required Qualifications:
- Experience developing pitch books for ABS issuers
- 5-7 years' work experience executing securitization transactions (CMBS, non-QM, flow or non-traditional asset classes)
Suggested Qualifications:
- Ambition, eagerness and curiosity to learn and develop new opportunities
- Solutions-oriented approach to issues and problems
- Energetic self-starter who functions well in fast-paced, team-oriented environment
- Willingness to work closely with and learn from both senior and junior team members
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
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work and take on greater responsibilities
- Access to leaders who support your development through coaching and mentoring opportunities
- Work in a dynamic, collaborative, innovative, and high-performing team
- Ability to make a difference and lasting impact
The good-faith expected salary for the above position is $225,000 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
Business Oriented, Creative Visioning, Customer Service, Delegating Tasks, Finance, Group Problem Solving, Marketing Strategy Implementation, Product Services, Strategic ThinkingAdditional Job Details
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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 embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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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.
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status or any other legally-protected factors.
Salary : $225,000
