• Job Description

  Req#: R-0000057489

  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

  Municipal Finance Analyst/ Associate

  Job Description

  What is the opportunity?

  Municipal Finance Analysts/ Associates provide analytical, research and transactional support Los Angeles-based investment bankers in all departmental work activities relating to the structuring and issuance of municipal bonds through negotiated sales or via private placement. The West Coast Municipal Finance Group is dedicated to raising capital for government clients to fund various public infrastructure projects. Primary Activities will involve working with various clients which include Special Districts, K-14, Water and Public Power Utilities, Cities, Counties & State level governmental entities. Analysts/Associates are involved in every aspect of our business and play critical roles on banking teams serving a broad base of clients.

  What will you do?

  • Perform research, analytics, and financial modeling required to complete a transaction

  • Produce extensive financial analyses to structure both straight forward and complex bond offerings

  • Model various cashflows related to developments and tax revenues

  • Take client facing role on client coverage teams and in formal and informal presentations

  • Prepare cashflow projections, bond / loan portfolio analysis & related financial analyses for potential & actual capital markets transactions, including data conversion, synthesis & analysis.

  • Gather, organize and analyze information necessary to prepare proposals, client presentations, offering statements and marketing materials.

  • Prepare proposals and participate in presentations for prospective clients, describing in detail financing alternatives in originating, structuring and marketing an issue and our ability to perform the underwriting functions in a capable manner.

  • Develop an understanding of economic and political forces affecting the issuance bonds and the bond market through internal and external resources.

  • Enhance the Department’s use and knowledge of available information pertaining to the bond market by collecting, organizing and maintaining various marketing materials and information resources.

  • Coordinate the various activities, internal and external, relating to pricing and settlement of public finance transactions. Works closely with management and Investment Bankers to secure closings.

  • Develops data and analytical processing skills, a proficient knowledge of available computer programs & improves data processing system to enhance departmental efficiency.

  • Other such duties, responsibilities and authority as may be reasonably required, consistent with the purposes for which you are being hired and your background, experience and prior business activity.

  • 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.

  What do you need to succeed?

  • BA/BS degree with demonstrated record of high achievement.

  • Analysts 1-3 yrs / Associates 3 to 5 years of related professional experience in one of the following areas is strongly preferred: Municipal Finance, Local Government Debt Management, Real Estate Investments, Investment Banking & Financial Underwriting.

  • Proficiency with personal computers and standard productivity applications.

  • Obtain and maintain Securities Industry Essentials Exam (SIE), Series 50, 52, 63 and 79 licenses.

  • Quantitative and qualitative analytical skills; strong knowledge of finance and accounting – able to analyze number proficiently with strong excel knowledge.

  • Highly motivated, committed and responsible, with a demonstrated ability to manage conflicting priorities and requests.

  • Excellent interpersonal skills with the ability to establish and maintain relationships at all organizational levels.

  • Strong oral and written communication skills.

  • Ability to take initiative and function independently balanced with strong teaming skills.

  • Proactive approach and ability to manage tight time constraints.

  • Maintain high standards of professional and ethical conduct.

  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 $75,000 - $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

  Job Summary

  Researches and analyzes financial information to be used in making investment decisions. Applies complete knowledge, skills, and practices to perform assignments.

  Address:

  Los Angeles, California, United States of America

  City:

  USA-CA-LOS ANGELES

  Country:

  United States of America

  Work hours/week:

  40

  Employment Type:

  Full time

  Platform:

  Capital Markets

  Job Type:

  Regular

  Pay Type:

  Salaried

  Posted Date:

  2023-04-18

  Application Deadline:

  2023-04-20

  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.

• About the company

  Royal Bank of Canada (RBC), is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. The Com...

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