Investment Banking Associate

Job Summary

Researches and analyzes financial information to be used in making investment decisions. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments.

Job Description

What is the Opportunity?

What will you do?

• Work closely with senior bankers to structure and lead loan & high yield transactions for leveraged buyouts, acquisition financings, recapitalizations, restructurings and refinancing
• Work directly with analysts to 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

What do you need to succeed?

• BA or equivalent with emphasis in finance/accounting/economics; strong academic credentials

MBA, MA or MS or equivalent desired, but not required

• 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
• Prior lead left deal experience preferred
• 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

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 $175,000- $200,000 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.

Job Skills

Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Taking 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:

2024-07-11

Application Deadline:

I nclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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