Associate/ Vice President, Asset Backed Securities Structuring

Vice President, Asset Backed Securities Structuring role focused on developing and executing term ABS transactions across all asset classes.

Responsibilities

• Develop and utilize existing models to structure term ABS transactions across all asset classes.
• Interact with rating agencies to obtain ratings for transactions.
• Tie-out structures with accountants and review/feedback on transaction documents.
• Support the deal marketing process by discussing and educating the salesforce.
• Provide analytical support and structural proposals for pitch books, presentations, and RFPs.
• Maintain and enhance internal modeling tools.
• Assist in asset valuations and trade analyses for securitization and other business opportunities.
• Proactively identify operational risks and control deficiencies in the business.
• Review and comply with Firm Policies applicable to business activities.
• Escalate operational risk loss events, control deficiencies, and risks to line managers and relevant risk/control functions.

Requirements

• 4+ years of Asset Backed Securities or related experience.
• Familiarity with both Term and Conduit ABS products, including Non-Traditional Asset Classes.
• Bachelor’s degree with a history of strong academic performance.
• Series 7, 63, and 79 licenses.
• Previous transaction execution experience across various asset classes.
• Self-starter who functions well in a fast-paced, team-oriented environment.
• Ability to multi-task and meet tight deadlines.
• Solution-oriented approach to issues with strong problem-solving skills.

Skills

• Strong programming and Excel spreadsheet skills (including VBA).
• Fluency in ABS documents and related criteria.
• Proficiency in Intex and CAS.
• Adaptability, Critical Thinking, Customer Service, Detail-Oriented.
• Financial Engineering, Financial Statement Analysis, Investments Analysis.
• Personal Development, Personal Initiative, Teamwork.

Benefits

• Comprehensive Total Rewards Program including competitive compensation and flexible benefits.
• 401(k) program with company-matching contributions.
• Health, dental, vision, life, and disability insurance.
• Paid-time off.
• Leaders who support 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 and build close relationships with clients.
• Potential to earn more through RBC’s discretionary variable compensation program, based on business performance and individual goals.

Pay

Expected salary range: $165,000–$225,000, depending on experience, skills, and registration status. Additional earnings potential through RBC’s discretionary variable compensation program.

Schedule

• Full-time position.
• 40 hours per week.

Location: Brookfield Place (200 Vesey Street, New York, NY, USA).