RBC is looking to add an Analyst/Associate to the US Energy Corporate Banking team who will be responsible for credit analysis, execution, and structuring of bank debt across the US Energy client base. As part of the coverage team, the candidate will optimize the use of the Bank’s balance sheet in connection with Capital Markets / Investment Banking / Sales & Trading relationship goals.
Job Description
What will you do?
Some of the responsibilities include but are not limited to:
- Assist in structuring acquisition loans, bridge loans and corporate revolvers.
- Preparation of credit submissions and other documentation related to the transaction approval process (including assistance related to loans syndications, pipeline management, single name strategies and exceptions committee papers) through closing and ongoing monitoring
- Structure and monitor syndicated and bi-lateral loan market and transactions.
- Provide assistance in Corporate Banking coverage for identified clients, including identification of cross sell opportunities in all RBC CM active products and markets.
- Work in a team environment with Investment Banking, DCM, FX etc.
- Ensure timely updates on client, industry and market performance, particularly in connection with any signs of potential deterioration or developments requiring amendments/waivers to existing loan documentation.
- Assistance with internal credit administration, including monitoring of the team’s loan portfolio performance and market/industry conditions as they affect this performance.
- Liaise and be primary contact with back and middle office functions connected to, for examples, wires, payments, settlements etc.
- Engage peers in Risk Management and Credit Portfolio Management in the application for credit and in subsequent administration and monitoring.
- 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 promptly.
What do you need to succeed?
Basic Qualifications:
- Bachelor's degree with a focus in Business, Economics, Finance, Mathematics or other quantitative fields.
- 1 - 3 years of relevant work experience in Corporate & Investment Banking or other relevant Industry experience.
- Strong financial modeling abilities, as well as superior writing and presentation skills including highproficiency with Word, Excel and PowerPoint.
- Excellent interpersonal skills with ability to maintain relationships at all levels within and outside of the organization.
- Ability to manage conflicting priorities and sensitive timelines.
- Ability to take initiative and function independently balanced with strong team skills.
Suggested Qualifications:
- Formal credit training
- Master's degree
- CFA or other relevant professional designation
- Prior experience in energy or banking a plus, but not required.
AUTHORITIES, IMPACT, RISK
- Occasional client contact
- Work under the supervision of Associates, VPs, Directors and Managing Directors
KEY RELATIONSHIPS
- Corporate Banking staff.
- Investment Banking, Sales and Trading, Derivatives.
- Other RBC groups including Risk Management, Compliance, Legal, and Credit Transaction Management.
WORKING CONDITIONS
- Office Environment
- Fast Paced / Work under pressure
- Tight Deadlines
- Long Hours, Weekends
