Associate, Financial Institutions Group Corporate Banking

RBC • New York, NY

1d • $160,000 - $180,000 • Onsite

About The Position

This role involves assisting in structuring various credit solutions for healthcare clients, preparing credit submissions, supporting transactions from underwriting through closing, and conducting financial analysis. The position also requires monitoring client, industry, and market performance, liaising with middle and back-office functions, and engaging with risk management teams. The goal is to provide coverage support for designated healthcare clients, identify cross-sell opportunities, and partner closely with other financial teams.

Requirements

• Bachelor’s degree in Business, Economics, Finance, Mathematics, or other quantitative discipline
• Minimum 3+ years of relevant experience in Corporate Lending, Corporate Finance, Healthcare Banking, or Credit Analysis
• Strong financial modeling skills, including experience with complex capital structures and covenant frameworks
• Superior writing and presentation skills with ability to prepare detailed credit memoranda
• Strong analytical skills with ability to assess healthcare-specific risks (e.g., reimbursement exposure, regulatory risk, payer mix dynamics)
• Excellent interpersonal and relationship management skills
• Ability to take initiative, operate independently, and thrive in a team-oriented environment
• Demonstrated ability to manage multiple transactions and competing deadlines
• Formal credit training

Nice To Haves

• Master’s degree (MBA or related field)
• CFA or other relevant professional designation
• Prior sector experience

Responsibilities

• Assist in structuring acquisition financings, leveraged and investment-grade loans, bridge facilities, corporate revolvers, and other credit solutions for healthcare clients
• Prepare credit submissions and supporting documentation related to the transaction approval process, including loan syndications, pipeline management, single-name credit strategies, and Exceptions Committee memoranda
• Support transactions from underwriting through closing and ongoing monitoring
• Structure and monitor syndicated and bilateral loan transactions
• Conduct financial analysis and build/maintain detailed financial models, including cash flow projections, covenant analysis, and downside scenarios
• Provide coverage support for designated healthcare clients, identifying cross-sell opportunities across all active Capital Markets products
• Partner closely with Investment Banking, Debt Capital Markets, Leveraged Finance, and Fixed Income Sales & Trading teams
• Monitor client, industry, and market performance, particularly regulatory developments, reimbursement trends, M&A activity, and credit deterioration risks
• Assist with internal credit administration, including ongoing portfolio monitoring and industry trend analysis
• Liaise with middle and back-office functions to ensure seamless execution of wires, settlements, and documentation processes
• Engage Risk Management and Credit Portfolio Management teams in credit underwriting, approvals, amendments, and ongoing monitoring

Benefits

• Competitive compensation
• Bonuses
• Flexible benefits
• Stock options
• Access to leaders who are invested in your development through coaching and growth opportunities
• Opportunities to work on challenging and impactful projects
• 401(k) program with company-matching contributions
• Health insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Paid time-off plan

What This Job Offers

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