Associate - Municipal Finance Transactional Review Group

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

Associate - Municipal Finance Transactional Review Group

Job Description

What is the Opportunity?

You will be part of the Transaction Review Group (TRG) of the Municipal Finance Department. The TRG was created to enhance adherence with rules and regulations and aid in risk management for the Municipal Finance practice.

As a member of TRG, the role will provide service to and assist bankers and their staff through the transaction review function, which is a centralized review process for every transaction, agreement, and revenue event in the Department.

Municipal Finance is part of the Global Investment Banking division within RBC Capital Markets. Municipal Finance offers investment banking and municipal advisory services primarily to municipalities and not-for-profit organizations in the United States. Municipal Finance is headquartered in New York with over 330 banking and sales professionals in 27 offices across 16 states.

What will you do?

• Conduct transaction reviews including performing a financial analysis of the credit, evaluate due diligence procedures, and ascertain the quality of the offering document
• Research, assist and complete regulatory and state filings, including MSRB Rule G-37 and other reports as may be required by states and municipalities under lobbying and other statutes and local laws
• Maintain the Regulatory Org Chart for the department, including tracking securities licensing, facilitating the ordering of study materials and opening test windows for employees
• Assist bankers in responding to requests for proposals
• Coordinate the Municipal Markets Review Committee, including scheduling of the meeting, receipt of the submission packages, and preparation of meeting minutes
• Assist with regulatory inquiries and investigations as necessary
• Promote department understanding and enforce compliance with policies and procedures including new employee training
• Participate in department-wide initiatives (e.g., regulatory change, procedure modification, technology) as necessary
• Perform other job related duties as assigned
• Proactively identify regulatory, legal and policy issues in financings for the business
• Review and comply with Firm Policies applicable to your business activities
• Escalate concerns that you identify to your manager on a timely basis

What do you need to succeed?

• Bachelor's Degree preferable in finance or business related fields
• 3 to 5 years of experience, preferably in municipal securities or related industries
• Securities licenses preferred - SIE, Series 50, 52, 79 and 63
• Experience with regulatory or state filings preferred
• Ability to initiate independent analysis and self-imposed goals/deadlines
• Highly organized and attentive to detail
• Ability to collaborate in a congenial work environment

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

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

Job Summary

Address:

Minneapolis, Minnesota, United States of America

City:

USA-MN-MINNEAPOLIS

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

Capital Markets

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2023-02-27-08:00

Application Deadline:

2023-05-20-07:00

Inclusion 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.

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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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 rbc.com/careers.