Bank Loan Finance Desk Analyst

RBC • New York, NY

2d • $135,000 - $165,000 • Onsite

About The Position

What Will You Do? The role will initially be responsible for booking loan trades that hedge our Total Return Swaps (TRS) to clients as well as booking/updating the TRS, which is mostly done in Excel with macros. The candidate will also be responsible for reconciling/confirming positions, tracking and resolving margin disputes and booking loan hedge accrual resets. Candidate will also participate in migrating the bookings from spreadsheets to a strategic booking solution to automate: Desk PnL, downstream Market and counterparty risks, Settlements and accounting. Additionally, the candidate will assist with internal presentations and approvals for both TRS and SPV Financing structures and support senior desk member with financing asset level approvals received from clients. Skill Set: Self-Starter Knowledge of trading markets, derivatives, credit/loan markets a plus Strong technology skills Knowledge of RBC support teams processes (Market Risk, Credit Risk, Counterparty Credit Risk, Product Control, Ops) Understanding and interest in fundamental credit analysis a plus 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 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 The good-faith expected salary range for the above position is $135,000 - $165,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. 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 AUTHORITIES, IMPACT, RISK Appropriate licenses and registrations Authority to transact on behalf of the firm Multi-product and derivatives competent Supports Non-Traditional ABS origination team within the broader ABS Origination and Global Spread Products businesses KEY RELATIONSHIPS Provide critical support to senior ABS bankers for client coverage Coach and mentor junior Analysts and Associates for transaction/pitch execution and to foster growth Regular coordination with ABS syndicate, ABS sales, ABS trading, ABS financing, Corporate Banking, Global Investment Banking and other internal stakeholders to deliver the best of RBC to our clients WORKING CONDITIONS Comfortable and effective multitasking in a fast-paced and pressure-filled trading floor environment with competing priorities and deadlines Strong computer and analytical skills Considerable attention to detail is required Hours are unpredictable and as needed Team and position are based in New York; some travel is expected Job Skills Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork Additional Job Details Address: BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK City: New York Country: United States of America Work hours/week: 40 Employment Type: Full time Platform: CAPITAL MARKETS Job Type: Regular Pay Type: Salaried Posted Date: 2026-03-07 Application Deadline: 2026-06-06 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Our Employment Opportunities At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com. RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.‎ We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.

Requirements

• Self-Starter
• Knowledge of trading markets, derivatives, credit/loan markets a plus
• Strong technology skills
• Knowledge of RBC support teams processes (Market Risk, Credit Risk, Counterparty Credit Risk, Product Control, Ops)
• Understanding and interest in fundamental credit analysis a plus
• Appropriate licenses and registrations
• Authority to transact on behalf of the firm
• Multi-product and derivatives competent
• Supports Non-Traditional ABS origination team within the broader ABS Origination and Global Spread Products businesses
• Adaptability
• Critical Thinking
• Customer Service
• Detail-Oriented
• Financial Engineering
• Financial Statement Analysis
• Investments Analysis
• Personal Development
• Personal Initiative
• Teamwork

Nice To Haves

• Knowledge of trading markets, derivatives, credit/loan markets a plus
• Understanding and interest in fundamental credit analysis a plus

Responsibilities

• booking loan trades that hedge our Total Return Swaps (TRS) to clients
• booking/updating the TRS, which is mostly done in Excel with macros
• reconciling/confirming positions
• tracking and resolving margin disputes
• booking loan hedge accrual resets
• participating in migrating the bookings from spreadsheets to a strategic booking solution to automate: Desk PnL, downstream Market and counterparty risks, Settlements and accounting
• assisting with internal presentations and approvals for both TRS and SPV Financing structures
• supporting senior desk member with financing asset level approvals received from clients

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
• a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed