POSITION PURPOSE

The purpose of the origination role is to market, structure and execute securitized transactions and to be responsible for providing high quality products and services for RBC’s clients while at the same time generating a material source of revenue, favourable risk/return profile, cross-selling opportunities and client impact for RBC.

PRINCIPAL RESPONSIBILITIES

• Assist with origination and structuring of securitization transactions
• Production of marketing materials for existing and target clients
• Review and provide data analysis, including statistical stratification of collateral portfolios, historical performance statistics, projection of future performance expectations, and derivation of expected case losses
• Assist with preparation of materials and participate in internal approvals process
• Assist with client sponsorship review
• Review and assist in the preparation of credit write-ups (Transaction Request) that contain transaction terms and conditions. Coordination of review and approval of Transaction Requests by Group Risk Management and the conduit equity provider (where applicable)
• Assist in preparing RFPs and Information Memorandums, when applicable
• Assist in conducting client, seller, servicer due diligence. Prepare due diligence report
• Work with client and attorneys to develop and negotiate transaction legal documentation
• Liaise with rating agencies to obtain rating agency approval of transactions
• Assist clients in developing custom, menu driven settlement reports designed specifically to meet the terms and conditions of each transaction, where applicable (Client’s Seller Report)
• Work with clients to extract historical portfolio information and build credit enhancement model
• Prepare and input required internal reporting templates
• Assist in annual renewals of existing transactions
• Help run transaction returns and optimize financial resources consumed
• Assist in ongoing review and compliance of existing transaction performance (at least monthly)
• Assist in preparing scope, review and comment on initial and annual transaction AUPs
• Help with the maintenance of client relationships
• Other deal/client transaction maintenance as required
• 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. Failure to do so may subject you to disciplinary action, up to and including termination

JOB SPECIFICATIONS AND QUALIFICATIONS

• Masters or Undergraduate Degree (Finance, Economics, Mathematics or Liberal Arts preferred)
• Minimum of 5-6 years of relevant experience preferred
• Relevant securitization experience preferred
• Solid understanding of credit markets
• Ambitious individual with strong presentation skills
• Possess strong written and oral communication skills
• Ability to prioritize and effectively manage a large workload in a high-pressure environment
• Ability to multi-task with little supervision
• Ability to interact effectively & establish good working relationships with other personnel within RBC Capital Markets and external clients
• High proficiency in Word, PowerPoint & Excel
• Strong quantitative and analytical skills

What will you do?

• Develop and utilize existing models to structure term ABS transactions across all asset classes, interact with the rating agencies to obtain ratings for transactions, tie-out structures with accountants, review and provide feedback on the transaction documents, support the deal marketing process by discussing and educating salesforce.

• Provide analytical support and structural proposals for pitch books/presentations/RFPs and maintain and enhance our internal modeling tools.

• Assist in asset valuations and trade analyses for both securitization purposes as well as other business opportunities.

• 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?

• 5+ years of ABS or related banking experience

• Bachelor’s degree with history of strong academic performance

• Series 7, 63 & 79 licenses

• Familiarity with both Term and Conduit ABS products

• Previous transaction execution experience across various asset classes

• Self-starter that functions well in fast-paced, team-oriented environment

• Ability to multi-task and meet tight deadlines

• Solution oriented approach to issues and strong problem-solving skills

• Strong programming, excel spreadsheet and some PowerPoint skills

• Fluency in ABS documents and related criteria

• Fluency in excel with VBA code, Intex and CAS

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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.

• 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 build close relationships with clients.

The expected salary for this particular position is $250,000, depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

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

AUTHORITIES, IMPACT, RISK

• The position is based in New York
• The employee is expected to conduct themselves in a manner that is consistent with the Securitization Finance group’s business strategy of providing high quality products and services for RBC’s clients.
• Employee is expected to identify and quantify the materiality of transaction and product risk, thereby providing a favourable risk/return profile for RBC in its various capacities.
• All respective approvals (business, credit, conduit) will be obtained for all transactions and activities as needed.
• Risks inherent in the Securitization Finance business include: credit risk, liquidity risk, documentation risk, mismatch risk, structural risk, servicing/administrative risk, complexity risk and reputational risk.

KEY RELATIONSHIPS

Internal

• Group Risk Management
• Other product origination groups and senior management within RBC Capital Markets including GIB, DCM, Corporate Banking, Derivatives, etc.
• Relationship Managers/Investment Bankers
• Other members of Securitization Finance (global)

External

• Clients
• Servicers
• Rating Agencies
• Legal Firms
• Conduit Equity Provider
• Other Financial Institutions

WORKING CONDITIONS

• Position may entail travel, domestic and international
• Considerable attention to detail and accuracy is a must requirement
• Hours are long and can be highly unpredictable at times (early mornings and late evenings). Workday starts at 8:30am or earlier in the office.

Job Skills

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

Additional Job Details

BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORKNew YorkUnited States of America40Full timeCAPITAL MARKETSRegularSalaried2026-03-172026-06-06

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.