Associate/VP, Global Investment Banking, Leveraged Finance

RBC • New York, NY

11d • $200,000 - $275,000 • Onsite

About The Position

This role involves working closely with senior bankers to structure and lead loan and high yield transactions for various financing needs, including leveraged buyouts, acquisition financings, recapitalizations, restructurings, and refinancings. The position requires direct support of analysts and senior executives throughout the transaction lifecycle, including the development of client pitch materials, financial modeling, and due diligence. Collaboration with various internal teams such as syndication/capital markets, risk, corporate banking, and liability management is essential for internal credit processes and external client servicing. The role also includes assisting in the negotiation of commitment terms, covenants, and credit document provisions, as well as preparing marketing and offering materials for leveraged loans or high yield bonds. A key aspect of the role is to proactively identify operational risks and control deficiencies, and to comply with Firm Policies, escalating any identified issues to management and relevant risk functions.

Requirements

• BA or equivalent with emphasis in finance/accounting/economics; strong academic credentials
• At least one year of Leveraged Finance or related finance experience
• Ability to take initiative and function independently under pressure, balanced with strong teaming skills
• Ability to drive multiple processes, which may each be in a different stage in the transaction cycle
• Proficient with computer applications such as MS Outlook, Word, Excel and market data applications
• Familiarity with credit agreements and other debt facility documentation
• Excellent written and verbal communication skills; Ability to effectively interact with internal and/or external constituents
• Must maintain high standards of professional and ethical conduct
• Series 79 & 63 licensed
• Value and possess strong competency in the following behaviors: Collaboration, Relationship Building, Communication, Integrity and Operating with Diverse and Inclusive Mindset

Nice To Haves

• MBA, MA or MS or equivalent desired, but not required
• Prior lead left deal experience preferred

Responsibilities

• Structure and lead loan & high yield transactions for leveraged buyouts, acquisition financings, recapitalizations, restructurings and refinancing
• Support senior level executives in all stages of the transaction
• Train and mentor junior level resources
• Lead the development of pitch materials for clients across a variety of sectors that present strategic and financing views, company analysis and financing terms
• Build and check financial models with sensitized capital structure and operating assumption scenarios
• Work directly with senior leveraged finance and industry bankers, syndication/capital markets, internal risk teams, corporate banking, liability management, ratings advisors and other areas of the bank on internal credit processes and external client servicing
• Provide support in all aspects of the due diligence and underwriting process including (1) review of data-room documentation and third party materials, (2) evaluation of financial statements, historical trends and projections and (3) diligence meetings/calls with management and other subject matter experts
• Assist in the negotiation of commitment terms, covenants, and relevant credit document provisions
• Prepare marketing and offering materials for leveraged loans or high yield bonds (including rating agency materials, lender and roadshow presentations, information memorandums and prospectuses)
• 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

• bonuses
• flexible benefits
• competitive compensation
• commissions
• stock where applicable
• Leaders who support your development through coaching and managing opportunities
• 401(k) program with company-matching contributions
• health, dental, vision, life and disability insurance
• paid time-off plan

What This Job Offers

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