Analyst, Municipal Finance, Healthcare

Royal Bank of Canada • New York, NY

19d

About The Position

What is the opportunity? The Municipal Finance Analyst provides analytical, research and transactional support to investment bankers in all departmental work activities relating to the structuring and issuance of municipal bonds through negotiated, competitive sale or via private placement. What will you do? Gather, organize and analyze information necessary to prepare proposals, client presentations, offering statements and marketing materials. Prepare proposals and participate in presentations for prospective clients, describing in detail financing alternatives in originating, structuring and marketing an issue and our ability to perform the underwriting functions in a capable manner. Prepare projections, bond / loan portfolio analysis and modeling & related financial analyses for potential & actual capital markets transactions, including data conversion, synthesis & analysis. Develop an understanding of economic and political forces affecting the issuance bonds and the bond market through internal and external resources. Enhance the Department’s use and knowledge of available information pertaining to the bond market by collecting, organizing and maintaining various marketing materials and information resources. Coordinates the various activities, internal and external, relating to pricing and settlement of public finance transactions. Works closely with management and Investment Bankers to secure closings. Develops data and analytical processing skills, a proficient knowledge of available computer programs & improves data processing system to enhance departmental efficiency. 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. Other such duties, responsibilities and authority as may be reasonably required What do you need to success? BA/BS degree in Business Administration, Finance, or Economics with demonstrated record of high achievement. 1 to 3 years of related professional Municipal Finance experience. Proficiency with personal computers and standard productivity applications. Obtain and maintain Securities Industry Essentials Exam (SIE), Series 50, 52, and 63 licenses Quantitative and qualitative analytical skills; strong knowledge of finance and accounting. Highly motivated, committed and responsible, with a demonstrated ability to manage conflicting priorities and requests. Excellent interpersonal skills with the ability to establish and maintain relationships at all organizational levels Strong oral and written communication skills. Ability to take initiative and function independently balanced with strong teaming skills. Maintain high standards of professional and ethical conduct. 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 range for this particular position is $XX,XXX - $XX,XXX, 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

Requirements

• BA/BS degree in Business Administration, Finance, or Economics with demonstrated record of high achievement.
• 1 to 3 years of related professional Municipal Finance experience.
• Proficiency with personal computers and standard productivity applications.
• Obtain and maintain Securities Industry Essentials Exam (SIE), Series 50, 52, and 63 licenses
• Quantitative and qualitative analytical skills; strong knowledge of finance and accounting.
• Highly motivated, committed and responsible, with a demonstrated ability to manage conflicting priorities and requests.
• Excellent interpersonal skills with the ability to establish and maintain relationships at all organizational levels
• Strong oral and written communication skills.
• Ability to take initiative and function independently balanced with strong teaming skills.
• Maintain high standards of professional and ethical conduct.

Responsibilities

• Gather, organize and analyze information necessary to prepare proposals, client presentations, offering statements and marketing materials.
• Prepare proposals and participate in presentations for prospective clients, describing in detail financing alternatives in originating, structuring and marketing an issue and our ability to perform the underwriting functions in a capable manner.
• Prepare projections, bond / loan portfolio analysis and modeling & related financial analyses for potential & actual capital markets transactions, including data conversion, synthesis & analysis.
• Develop an understanding of economic and political forces affecting the issuance bonds and the bond market through internal and external resources.
• Enhance the Department’s use and knowledge of available information pertaining to the bond market by collecting, organizing and maintaining various marketing materials and information resources.
• Coordinates the various activities, internal and external, relating to pricing and settlement of public finance transactions.
• Works closely with management and Investment Bankers to secure closings.
• Develops data and analytical processing skills, a proficient knowledge of available computer programs & improves data processing system to enhance departmental efficiency.
• 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.
• Other such duties, responsibilities and authority as may be reasonably required

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level