Associate - Healthcare Corporate Banker

RBC • New York, NY

7d • $160,000 - $180,000

About The Position

An Associate in Healthcare Corporate Banking will support the structuring, execution, administration, and management of bank debt for a diversified healthcare client base, including healthcare services, life sciences, medical technology, pharmaceuticals, and healthcare real estate. As part of the coverage team, the Associate will help optimize the use of the Bank’s balance sheet in connection with Capital Markets, Investment Banking, and Sales & Trading relationship objectives, while delivering thoughtful credit solutions aligned with client growth strategies.

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

Nice To Haves

• Formal credit training
• Master’s degree (MBA or related field)
• CFA or other relevant professional designation
• Prior experience covering healthcare services, pharma, biotech, or healthcare real estate

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 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

• A comprehensive Total Rewards Program, including competitive compensation, bonuses, flexible benefits, and stock options (where applicable).
• Access to leaders who are invested in your development through coaching and growth opportunities.
• The chance to make a meaningful difference in our communities.
• Opportunities to work on challenging and impactful projects.
• The ability to build strong, enduring relationships with clients.
• Benefits, including a 401(k) program with company-matching contributions, health, dental, vision, life, and disability insurance, and a paid time-off plan.

What This Job Offers

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