Associate, Corporate Banking - Power, Utilities and Infrastructure

What is the opportunity?

The Associate, Corporate Banking - Power, Utilities and Infrastructure (“PU&I”) candidate will be responsible for structuring, execution and management of bank debt for a diversified client base including, regulated utilities, unregulated power, renewables and project finance. As part of the client coverage team, the candidate will optimize the use of the Bank’s balance sheet in connection with Capital Markets / Investment Banking / Sales & Trading relationship goals

Responsibilities include but are not limited to:

• Assist in structuring and executing transactions across the US PU&I sector. Scope of transactions includes but is not limited to: acquisition loans, bridge loans, corporate revolvers and project or asset financings
• Lead the credit underwriting process and collaborate with requisite internal stakeholders to execute the transaction
• Preparation of credit submission materials and other documentation related to the transaction approval and closing process (including assistance related to loan syndications, pipeline management and strategy)
• Assist in relationship coverage across the U.S. PU&I sectors for Corporate Banking, including secondary responsibility for the identification of cross sell opportunities in all RBC Capital Markets active products and markets
• Negotiate requisite legal documents related to executing transactions
• Ensure timely updates on client, industry and market performance, particularly in connection with any signs of potential deterioration or developments requiring amendments / waivers to existing loan documents

• Bachelor’s Degree with a focus in Business, Economics, Mathematics or other quantitative fields, CFA or other relevant professional designation, or acceptable work experience in corporate lending / finance
• Minimum 5 of years of related work experience in corporate finance, project finance and/or corporate banking
• Relevant experience with the PU&I industry. Project finance experience preferred
• Strong financial modeling abilities, as well as superior writing and presentation skills including high proficiency with Word, Excel and Power Point
• Excellent interpersonal skills with ability to maintain relationships at all levels within and outside of the organization
• Ability to take initiative and function independently balanced with strong team skills
• Develop and train junior team members

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 $160,000 - $180,000 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

Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis,…