Municipal Finance Analyst

The role will support the Investment Banking Municipal Finance team at RBC.

• The Municipal Finance Analyst provides analytical, research and transactional support to investment bankers in all departmental work activities relating to the structuring and issuance of municipal bonds through negotiated, competitive sale or via private placement.
• Develop financial models, pitch book materials and conduct rating research, and analyze data to advise current or prospective municipal clients on bond issuances.
• Prepare proposals and participate in presentations for prospective clients, describing financing alternatives in originating, structuring, and marketing an issue and demonstrating underwriting capabilities.
• Prepare projections, bond/loan portfolio analysis and modeling, and related financial analyses for potential and actual capital markets transactions, including data conversion, synthesis, and analysis.
• Coordinate internal and external activities relating to pricing and settlement of public finance transactions, working closely with management and Investment Bankers to secure closings.
• Develop an understanding of economic and political forces affecting bond issuance and the market through internal and external resources.
• Execute transactions, deliver new business presentations and meetings, conduct market research, and develop sector‑based knowledge on current trends.
• Proactively identify operational risks and control deficiencies in the business.
• Review and comply with firm policies applicable to group business activities.
• Escalate operational risk loss events, control deficiencies, and risks to the group line manager and relevant risk and control functions promptly.
• Perform other duties, responsibilities and authority as reasonably required.

• BA/BS degree in Business Administration, Finance, or Economics.
• Previous experience in Municipal Finance or a related sector is a plus.
• Solid understanding of capital markets and spreadsheet modeling.
• Outstanding quantitative and qualitative analytical skills; strong knowledge of finance and accounting.
• Highly motivated with demonstrated ability to manage conflicting priorities and requests.
• Ability to take initiative and function independently, balanced with strong teaming skills.
• Strong written and oral communication skills; excellent interpersonal skills with ability to maintain relationships at all levels of the organization.
• Must maintain high standards of professional and ethical conduct.
• Obtain and maintain Securities Industry Essentials Exam (SIE), Series 52, 63 and 79 licenses.
• Value and possess strong competency in collaboration, relationship building, communication, integrity, and an inclusive mindset.

The good-faith expected salary range for the above position is $105,000 to $115,000 depending on class year and 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.

Inclusion and Equal Opportunity Employment:
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth. Maintaining a workplace where employees feel supported to perform at their best, collaborate, drive innovation, and grow professionally helps bring our purpose to life and create value for our clients and communities.