Securitization Analyst / Associate
Top Benefits
About the role
Job Description
PRINCIPAL RESPONSIBILITIES
- Production of marketing materials for existing and target clients
- Provide data analysis, including statistical stratification of collateral portfolios, historical performance statistics, projection of future performance expectations, and derivation of expected case losses
- Assist with preparation of materials and participate in the com-com (business approval) process
- Assist with client sponsorship review
- Assist in the preparation of credit write-ups (Transaction Request) that contain transaction terms and conditions. Coordination of review and approval of Transaction Requests by Group Risk Management and the conduit equity provider (where applicable)
- Assist in preparing RFPs and Information Memorandums, when applicable
- Assist in conducting client, seller, servicer due diligence. Prepare due diligence report
- Assist with structuring of securitization transactions
- Work with client and attorneys to develop and negotiate transaction legal documentation
- Liaise with rating agencies to obtain rating agency approval of transactions
- Assist clients in developing custom, menu driven settlement reports designed specifically to meet the terms and conditions of each transaction, where applicable (Client’s Seller Report)
- Work with clients to extract historical portfolio information and build credit enhancement model
- Prepare and input required KME templates
- Assist in annual renewals of existing transactions
- Help run transaction returns and optimize financial resources consumed
- Assist in ongoing review and compliance of existing transaction performance (at least monthly)
- Assist in preparing scope, review and comment on initial and annual transaction AUPs
- Help with the maintenance of client relationships
- Other deal/client transaction maintenance as require
- 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 promptly.
JOB SPECIFICATIONS AND QUALIFICATIONS
- Masters or Undergraduate Degree (Finance, Economics, Mathematics or Liberal Arts preferred)
- Minimum of 1-2 years of relevant experience preferred
- Relevant securitization experience preferred
- Solid understanding of credit markets
- Ambitious individual with strong presentation skills
- Possess strong written and oral communication skills
- Ability to prioritize and effectively manage a large workload in a high-pressure environment
- Ability to multi-task with little supervision
- Ability to inter-act effectively & establish good working relationships with other personnel within RBC Capital Markets and external clients
- High proficiency in Word, PowerPoint & Excel
- Strong quantitative and analytical skills
AUTHORITIES, IMPACT, RISK
- The position is based in New York.
- The employee is expected to conduct themselves in a manner that is consistent with the Securitization Finance group’s business strategy of providing high quality products and services for RBC’s clients.
- Employee is expected to identify and quantify the materiality of transaction and product risk, thereby providing a favourable risk/return profile for RBC in its various capacities.
- All respective approvals (business, credit, conduit) will be obtained for all transactions and activities as needed.
- Risks inherent in the Securitization Finance business include: credit risk, liquidity risk, documentation risk, mismatch risk, structural risk, servicing/administrative risk, complexity risk and reputational risk.
KEY RELATIONSHIPS
** Internal**
- Group Risk Management
- Other product origination groups and senior management within RBC Capital Markets including GIB, DCM, Corporate Banking, Derivatives, etc.
- Relationship Managers/Investment Bankers
- Other members of Securitization Finance (global)
External
- Clients
- Servicers
- Rating Agencies
- Legal Firms
- Conduit Equity Provider
- Other Financial Institutions
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 $125,000 - $175,000 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
WORKING CONDITIONS
- Position may entail travel, domestic and international
- Considerable attention to detail and accuracy is a must requirement
- Hours can be long and unpredictable at times
- Workday starts at 8:30am or earlier in the office.
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:
2025-11-13
Application Deadline:
2026-01-31
About RBC
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 94,000+ employees who leverage their imaginations and insights to 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 our more than 17 million clients in Canada, the U.S. and 27 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 www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.
Securitization Analyst / Associate
Top Benefits
About the role
Job Description
PRINCIPAL RESPONSIBILITIES
- Production of marketing materials for existing and target clients
- Provide data analysis, including statistical stratification of collateral portfolios, historical performance statistics, projection of future performance expectations, and derivation of expected case losses
- Assist with preparation of materials and participate in the com-com (business approval) process
- Assist with client sponsorship review
- Assist in the preparation of credit write-ups (Transaction Request) that contain transaction terms and conditions. Coordination of review and approval of Transaction Requests by Group Risk Management and the conduit equity provider (where applicable)
- Assist in preparing RFPs and Information Memorandums, when applicable
- Assist in conducting client, seller, servicer due diligence. Prepare due diligence report
- Assist with structuring of securitization transactions
- Work with client and attorneys to develop and negotiate transaction legal documentation
- Liaise with rating agencies to obtain rating agency approval of transactions
- Assist clients in developing custom, menu driven settlement reports designed specifically to meet the terms and conditions of each transaction, where applicable (Client’s Seller Report)
- Work with clients to extract historical portfolio information and build credit enhancement model
- Prepare and input required KME templates
- Assist in annual renewals of existing transactions
- Help run transaction returns and optimize financial resources consumed
- Assist in ongoing review and compliance of existing transaction performance (at least monthly)
- Assist in preparing scope, review and comment on initial and annual transaction AUPs
- Help with the maintenance of client relationships
- Other deal/client transaction maintenance as require
- 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 promptly.
JOB SPECIFICATIONS AND QUALIFICATIONS
- Masters or Undergraduate Degree (Finance, Economics, Mathematics or Liberal Arts preferred)
- Minimum of 1-2 years of relevant experience preferred
- Relevant securitization experience preferred
- Solid understanding of credit markets
- Ambitious individual with strong presentation skills
- Possess strong written and oral communication skills
- Ability to prioritize and effectively manage a large workload in a high-pressure environment
- Ability to multi-task with little supervision
- Ability to inter-act effectively & establish good working relationships with other personnel within RBC Capital Markets and external clients
- High proficiency in Word, PowerPoint & Excel
- Strong quantitative and analytical skills
AUTHORITIES, IMPACT, RISK
- The position is based in New York.
- The employee is expected to conduct themselves in a manner that is consistent with the Securitization Finance group’s business strategy of providing high quality products and services for RBC’s clients.
- Employee is expected to identify and quantify the materiality of transaction and product risk, thereby providing a favourable risk/return profile for RBC in its various capacities.
- All respective approvals (business, credit, conduit) will be obtained for all transactions and activities as needed.
- Risks inherent in the Securitization Finance business include: credit risk, liquidity risk, documentation risk, mismatch risk, structural risk, servicing/administrative risk, complexity risk and reputational risk.
KEY RELATIONSHIPS
** Internal**
- Group Risk Management
- Other product origination groups and senior management within RBC Capital Markets including GIB, DCM, Corporate Banking, Derivatives, etc.
- Relationship Managers/Investment Bankers
- Other members of Securitization Finance (global)
External
- Clients
- Servicers
- Rating Agencies
- Legal Firms
- Conduit Equity Provider
- Other Financial Institutions
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 $125,000 - $175,000 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
WORKING CONDITIONS
- Position may entail travel, domestic and international
- Considerable attention to detail and accuracy is a must requirement
- Hours can be long and unpredictable at times
- Workday starts at 8:30am or earlier in the office.
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:
2025-11-13
Application Deadline:
2026-01-31
About RBC
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 94,000+ employees who leverage their imaginations and insights to 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 our more than 17 million clients in Canada, the U.S. and 27 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 www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.