Analyst, Non-Traditional ABS Origination

Royal Bank of CanadaNew York, NY
2d$300,000 - $300,000

About The Position

PURPOSE ABS banker responsible for supporting US ABS Origination transaction execution and assisting junior and senior ABS bankers with client coverage across Non-Traditional ABS asset classes Critical execution and ideas-generating role to drive continued growth of Non-Traditional ABS origination across new and existing clients and asset classes PRINCIPAL RESPONSIBILITIES Support ABS bankers in creating, developing and presenting business ideas across Non-Traditional asset classes, taking lead in drafting initial versions of client presentations and pitch book materials and incorporating comments from junior and senior ABS bankers Coordinate transaction execution across third parties (issuers, lawyers, rating agencies, accountants, trustees, etc.), review offering and transaction documents, prepare sales memos and internal approval documents, amongst other responsibilities Interact with internal and external parties to ensure seamless execution on mandated transactions and coordinate the ultimate settlement of Non-Traditional ABS transactions. Collaborate with junior and senior ABS bankers and other internal parties on M&A and other strategic transactions where ABS is expected to play a role Maintain internal databases of market data, including spreads/yields, deal pricing details, trading data, league tables, etc. 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 on a timely basis.

Requirements

  • College graduate with history of strong academic performance
  • Series 7, 63 and 79 (will be required within a reasonable time after joining if not currently held)
  • Strong Excel and PowerPoint skills

Nice To Haves

  • Ambition, eagerness and curiosity to learn
  • Solutions-oriented approach to issues and problems
  • Energetic self-starter who functions well in fast-paced, team-oriented environment
  • Willingness to work closely with and learn from both senior and junior team members

Responsibilities

  • Support ABS bankers in creating, developing and presenting business ideas across Non-Traditional asset classes, taking lead in drafting initial versions of client presentations and pitch book materials and incorporating comments from junior and senior ABS bankers
  • Coordinate transaction execution across third parties (issuers, lawyers, rating agencies, accountants, trustees, etc.), review offering and transaction documents, prepare sales memos and internal approval documents, amongst other responsibilities
  • Interact with internal and external parties to ensure seamless execution on mandated transactions and coordinate the ultimate settlement of Non-Traditional ABS transactions.
  • Collaborate with junior and senior ABS bankers and other internal parties on M&A and other strategic transactions where ABS is expected to play a role
  • Maintain internal databases of market data, including spreads/yields, deal pricing details, trading data, league tables, etc.
  • 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 on a timely basis.

Benefits

  • 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 building close relationships with clients
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