Securitization Financing Portfolio Management - Analyst
RBC Capital Markets, LLC, Wilmington, Delaware, us, 19894
Job Description
PURPOSE:
This role is part of Securitization Financing Portfolio Management (SFPM), which is a closely integrated, cross-functional specialized team that provides various critical functions to RBCCM's Securitization Finance business within Global Markets. SFPM provides transactional execution support in the US, Canada, Europe and APAC for securitization transactions either funded directly on RBC's balance sheet or via the issuance of commercial paper by one of seven multi-seller RBC administered commercial paper conduits. SFPM also provides on-going at least monthly (some transactions daily) complex collateral monitoring, administration and reporting on a large and diverse portfolio of bespoke private securitization transactions across 25+ asset classes for over 125 clients
SFPM also performs daily management of all aspects of 7 individual finance companies of which 6 are separate and distinct from RBC providing funding to clients through the US & CAD ABCP markets
SFPM is a center of excellence in supporting structured finance transactions, and this role will also include nuances of operational, compliance, project management, front office origination, finance/accounting responsibilities and compiling data for internal and external constituents and performing a variety of administrative functions to ensure compliance with applicable by-laws, transaction legal documents and internal policies and procedures
PRINCIPAL RESPONSIBILITIES:
Work with fellow SFPM team members to oversee and coordinate day-to-day management of 2 US RBC-administered ABCP conduit programs
Serve as first line of defense for on-going collateral monitoring for designated transactions. Identify any portfolio aberrations, deterioration or breaches of deal triggers
Assist with creating and maintaining custom seller report templates used to validate collateral reporting and borrowing base compliance as well as to track and store historical portfolio information
Enter key monthly portfolio statistics into the securitization collateral tracking systems to be able to monitor the risk in each transaction, recalculate the important metrics on the client report and produce reporting
Produce, review, finalize and distribute periodic reporting to commercial paper investors, rating agencies, risk management and other internal and external constituents
Help set portfolio administration standards and metrics to be monitored, and develop procedures and processes to help ensure consistent and accurate reporting for both new and existing transactions
Coordinate and lead deal closing and funding meetings with all relevant parties
Participate in due diligence meetings for new and existing clients
Review deal AUP audit reports and follow-up with Origination team on findings
Assist with the annual external audits of the 2 US ABCP conduits and periodic internal/external business audits
Develop knowledge of transactions and understanding of legal documents to be able to populate and maintain deal data in KME proprietary application
Review administration sections of legal documentation, including loan agreements and fee letters, to make sure bank operations (balance sheet deals) or sub-agent (conduit deals) can book and properly administer the transaction
Ensure required deal related documentation is retained
Facilitate with Origination team the on-boarding of new client or refresh of existing client for AML/KYC
Work with internal and external business partners to resolve operational or other issues
Participate in projects to implement new products, transaction types or expansion of existing products to new jurisdictions. Projects may also include enhancement to processes or systems
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. Failure to do so may subject you to disciplinary action, up to and including termination
JOB SPECIFICATIONS AND QUALIFICATIONS:
MBA or undergraduate degree: finance, economics, accounting or mathematics preferred but not required
1-3 years of prior Securitization experience at a financial institution, rating agency, issuing client or buy-side firm is preferred but not required
Solid understanding of capital and credit markets
Strong attention to detail
Strong quantitative and analytical skills
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 interact effectively & establish good working relationships with other personnel within RBC Capital Markets and external clients
High proficiency in Word, PowerPoint & Excel
AUTHORITIES, IMPACT, RISK:
The position is based in Wilmington, DE
This role requires daily close integration with various RBC Securitization origination teams to ensure successful transaction execution, administration, collateral monitoring and reporting for bespoke securitization and structured products transactions
The employee is expected to conduct themselves in a manner that is consistent with the Securitization Financing 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 favorable 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
Various origination teams in Securitization Finance
Various operations groups in US, Canada, UK and APAC
Financial and Regulatory Reporting groups, both local and head office
Compliance
Group Risk Management
Legal Department
Tax Department
External
Clients
Other Financial Institutions
Rating Agencies
Legal Firms
Conduit Equity Provider
Outside Vendors
WORKING CONDITIONS
Position may require limited travel to other US and international RBC offices
Working conditions are stressful at times
Considerable attention to detail is required
Hours may be long and can be highly unpredictable at times
The employee should be able to prioritize and multi-task in a fast-paced environment to effectively manage the primary responsibilities for this function
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:
2751 CENTERVILLE ROAD:WILMINGTON
City:
Wilmington
Country:
United States of America
Work hours/week:
40
Employment Type:
Full time
Platform:
CAPITAL MARKETS
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2026-02-24
Application Deadline:
2026-05-02
Note Applications will be accepted until 11:59 PM on the day prior to the application deadline date above.
Inclusion and Equal Opportunity Employment At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
Join our Talent Community Join our Talent Community.
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
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 jobs.rbc.com.
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
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This role is part of Securitization Financing Portfolio Management (SFPM), which is a closely integrated, cross-functional specialized team that provides various critical functions to RBCCM's Securitization Finance business within Global Markets. SFPM provides transactional execution support in the US, Canada, Europe and APAC for securitization transactions either funded directly on RBC's balance sheet or via the issuance of commercial paper by one of seven multi-seller RBC administered commercial paper conduits. SFPM also provides on-going at least monthly (some transactions daily) complex collateral monitoring, administration and reporting on a large and diverse portfolio of bespoke private securitization transactions across 25+ asset classes for over 125 clients
SFPM also performs daily management of all aspects of 7 individual finance companies of which 6 are separate and distinct from RBC providing funding to clients through the US & CAD ABCP markets
SFPM is a center of excellence in supporting structured finance transactions, and this role will also include nuances of operational, compliance, project management, front office origination, finance/accounting responsibilities and compiling data for internal and external constituents and performing a variety of administrative functions to ensure compliance with applicable by-laws, transaction legal documents and internal policies and procedures
PRINCIPAL RESPONSIBILITIES:
Work with fellow SFPM team members to oversee and coordinate day-to-day management of 2 US RBC-administered ABCP conduit programs
Serve as first line of defense for on-going collateral monitoring for designated transactions. Identify any portfolio aberrations, deterioration or breaches of deal triggers
Assist with creating and maintaining custom seller report templates used to validate collateral reporting and borrowing base compliance as well as to track and store historical portfolio information
Enter key monthly portfolio statistics into the securitization collateral tracking systems to be able to monitor the risk in each transaction, recalculate the important metrics on the client report and produce reporting
Produce, review, finalize and distribute periodic reporting to commercial paper investors, rating agencies, risk management and other internal and external constituents
Help set portfolio administration standards and metrics to be monitored, and develop procedures and processes to help ensure consistent and accurate reporting for both new and existing transactions
Coordinate and lead deal closing and funding meetings with all relevant parties
Participate in due diligence meetings for new and existing clients
Review deal AUP audit reports and follow-up with Origination team on findings
Assist with the annual external audits of the 2 US ABCP conduits and periodic internal/external business audits
Develop knowledge of transactions and understanding of legal documents to be able to populate and maintain deal data in KME proprietary application
Review administration sections of legal documentation, including loan agreements and fee letters, to make sure bank operations (balance sheet deals) or sub-agent (conduit deals) can book and properly administer the transaction
Ensure required deal related documentation is retained
Facilitate with Origination team the on-boarding of new client or refresh of existing client for AML/KYC
Work with internal and external business partners to resolve operational or other issues
Participate in projects to implement new products, transaction types or expansion of existing products to new jurisdictions. Projects may also include enhancement to processes or systems
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. Failure to do so may subject you to disciplinary action, up to and including termination
JOB SPECIFICATIONS AND QUALIFICATIONS:
MBA or undergraduate degree: finance, economics, accounting or mathematics preferred but not required
1-3 years of prior Securitization experience at a financial institution, rating agency, issuing client or buy-side firm is preferred but not required
Solid understanding of capital and credit markets
Strong attention to detail
Strong quantitative and analytical skills
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 interact effectively & establish good working relationships with other personnel within RBC Capital Markets and external clients
High proficiency in Word, PowerPoint & Excel
AUTHORITIES, IMPACT, RISK:
The position is based in Wilmington, DE
This role requires daily close integration with various RBC Securitization origination teams to ensure successful transaction execution, administration, collateral monitoring and reporting for bespoke securitization and structured products transactions
The employee is expected to conduct themselves in a manner that is consistent with the Securitization Financing 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 favorable 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
Various origination teams in Securitization Finance
Various operations groups in US, Canada, UK and APAC
Financial and Regulatory Reporting groups, both local and head office
Compliance
Group Risk Management
Legal Department
Tax Department
External
Clients
Other Financial Institutions
Rating Agencies
Legal Firms
Conduit Equity Provider
Outside Vendors
WORKING CONDITIONS
Position may require limited travel to other US and international RBC offices
Working conditions are stressful at times
Considerable attention to detail is required
Hours may be long and can be highly unpredictable at times
The employee should be able to prioritize and multi-task in a fast-paced environment to effectively manage the primary responsibilities for this function
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:
2751 CENTERVILLE ROAD:WILMINGTON
City:
Wilmington
Country:
United States of America
Work hours/week:
40
Employment Type:
Full time
Platform:
CAPITAL MARKETS
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2026-02-24
Application Deadline:
2026-05-02
Note Applications will be accepted until 11:59 PM on the day prior to the application deadline date above.
Inclusion and Equal Opportunity Employment At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
Join our Talent Community Join our Talent Community.
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
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 jobs.rbc.com.
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
#J-18808-Ljbffr