Associate Director - Commercial Mortgage Finance and Securitization
RBC Capital
Job Summary
Job Description
What is the opportunity?
Reporting into the Director, Commercial Mortgage Finance, you will be responsible to manage RBC’s commercial mortgage information database and various pipeline reporting which will help in providing senior management with a holistic view of all the commercial mortgage products nationally. You will also assist in managing all aspects of the CMBS securitization process and be an active and integral part in our education and development efforts with Investors, Rating Agencies, co-sellers, and other third-party providers.
What will you do?
Maintain and continuously improve underwriting models used in various RBC commercial mortgage products
Manage information database and pipeline reporting for various RBC commercial mortgage products including CMBS, RBC GAM, and CMHC MLI Select program
Act as “quality controller” of information databases and ensure the integrity of data provided to both senior management and third parties
Provide competitive intelligence and analytic insights by:
Analyzing information from the various database for origination volume forecasts, conversion rate analysis, CMBS pool compositions and loan performance, as well as individual transaction analysis;
-
Maintaining and enhancing various Tableau dashboards to deliver analytics interactively and comprehensively.
Assist the Deal Manager in all aspects of managing a CMBS Pool securitization including,
The coordination and organization of data collected from co-sellers;
Managing an efficient accountant due diligence process for RBC as well as Co-Seller loans;
Ensuring data integrity of all RBC loans provided for third party due diligence;
-
Ensuring that all RBC loan files are complete and ready for transfer on closing of the transaction;
Using modeling tools (i.e., Trepp securitization software, internally developed excel models) to provide analysis and recommendations to enhance loan structure for optimal execution and to maximize individual loan / pool profitability.
Assist in the development of co-sellers of CMBS securitization and relationship management of same.
Work on ad hoc projects to improve operational efficiency of commercial mortgage business and widen product reach.
What do you need to succeed?
Must-have:
University degree in business, commerce, finance, real estate, accounting, or related fields.
High proficiency in Excel, VBA, and Tableau.
Excellent analytical and communication skills; attention to detail is required at all times.
An ability to manage multiple competing priorities, a willingness to assume a high level of responsibility and an ability to work in in a fast-paced, challenging environment with tight deadlines and a demanding workload
Nice to have:
Knowledge of Commercial Real Estate lending, CMBS or securitization, or database management
CFA candidate or charter holder
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.
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team
Opportunities to do challenging work
Job Skills
Additional Job Details
Address:
City:
Country:
Work hours/week:
Employment Type:
Platform:
Job Type:
Pay Type:
Posted Date:
Application Deadline:
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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
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.