Vice President, Hedge Fund Credit Relationship Management

What is the opportunity?

The role is responsible for managing RBC's credit relationships with specified Hedge Fund managers, globally. The incumbent will participate cross-sell all RBC and RBC Capital Markets products and will partner with all of RBCCM's trading desks to ensure optimization of credit appetite, the use of trading lines, and maximize revenue with Hedge Fund managers on a global basis. The role is front office and client-facing and includes responsibility for ensuring the necessary support for trading desks to meet their established targets for growing revenues with Hedge Fund managers and for ensuring that coverage of Hedge Fund managers is closely coordinated with coverage of other related entities.

What will you do?

• Advise product partners on the optimal amount of trading credit required to meet our strategic objectives with each client relationship.
• Provide continuous advice on the balance of risk and return associated with specific types of trading activity contemplated as part of client strategies.
• Prepare credit approval submissions and related documentation required as part of the approval process, amendments, trading lines, and periodic single name strategy exposure reviews.
• Leverage existing network of contacts within the sector to swiftly and effectively tackle challenging transaction requests.
• Aid in transactional opportunities to be pursued by RBC trading businesses and promote sales opportunities for various products (as applicable).
• Assist in the preparation and presentation of marketing pitches to existing and potential clients.
• Serve as the credit relationship manager and use every effort to assist in cross-selling the products of Capital Markets and the Bank.
• Continuously maintain accurate counterparty compliance reports including NAV and performance data.

What do you need to succeed?

• Extensive knowledge of credit risks associated with Hedge Funds and the trading products they use.
• Proven record of successfully managing a credit relationship to Hedge Funds.
• Bachelor's degree or higher.
• Credit-trained.
• Strong interpersonal skills and the ability to work effectively within a team environment.
• Excellent communication, business development, and relationship management skills.
• Ability to prioritize work and manage multiple tasks while meeting time-sensitive deadlines.
• Strong financial accounting skills.
• Strong analytical, technical, written, and communication skills.
• Knowledge of Capital Markets product base and the application thereof.
• Understanding of ISDA documentation, netting, and CSAs.
• Excellent knowledge of Credit and Credit Risk.
• CMBS.

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 including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
• 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.

Job Skills

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

Additional Job Details

• Address: BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET.
• City: New York.
• Country: United States of America.
• Work hours/week: 40.
• Employment Type: Full time.
• Platform: CAPITAL MARKETS.
• Job Type: Regular.
• Pay Type: Salaried.
• Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above.
• RBC's Employment Opportunities: 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..
• RBC's commitment to diversity and inclusion: 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. 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.