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Vice President, CLO Syndication

Royal Bank of Canada>
New York, NY Full Time
POSTED ON 2/6/2025
AVAILABLE BEFORE 5/4/2025

Job Summary

Researches and analyzes financial information to be used in making investment decisions. Applies complete knowledge, skills, and practices to perform assignments.

Job Description

What is the opportunity?

Support senior CLO New Issue professionals in managing the CLO syndication process, and at times, the CLO warehouse financing process.

What will you do?

Principal Responsibilities

  • To support the origination and execution activities of RBC’s new issue CLO effort
  • Work with the RBC sales force to help educate them on product, current transactions in market, and trends in CLO structures
  • Prepare systems needed to execute a CLO syndicate process
  • Execute and prepare sales tickets coordinating with sales and trading teams for settlement of trades
  • Prepare and distribute P&L reports
  • Generate and maintain issuance data base and analytics associated with historic execution
  • Assist with special ad-hoc projects and initiatives as assigned
  • 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.
  • Role supports global business and requires attention to detail on transactions

Key Relationships

  • High Yield / Leveraged Loan Clients – These are CLO managers we will be working with on a regular basis
  • ABS / CLO Sales – Key distribution members for the CLO products
  • Syndicate Professionals
  • Working Conditions

  • Work in fast paced, trading floor environment in NYC with a typical 5 day work week
  • There may be the need to travel to visit clients and attend conferences.
  • What do you need to succeed?

  • Strong analytic and quantitative skills – able to analyze numbers very well
  • Familiarity / comfort with Bloomberg
  • Strong MS, Excel, Word, PowerPoint are required
  • Strong written and oral communications – comfort dealing with multiple counterparties in a high paced environment
  • Ability to prioritize work flows and multi-task responsibilities including working for and with multiple people
  • Positive attitude with a strong desire to help the desk achieve highest level of standards in all facets and functions with a willingness to perform beyond what is asked
  • Solid understanding of HY Leveraged Loan / Structured Credit & Products / Mortgage Products
  • Must have a strong desire to build profitable, trusting and long-term customer partnerships
  • Must be consummate team player with a can-do attitude
  • Minimum of 5 years’ experience in CLO / CDO or other structured products
  • Series 7 / 63
  • 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 Thinking

    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 : Employment Type :

    Full time

    Platform : CAPITAL MARKETS

    Job Type : Regular

    Pay Type : Salaried

    Posted Date : 2025-02-03

    Application Deadline :

    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 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 .

    Salary : $225,000

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