Job Description

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\xe2\x80\x99re 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 Portfolio Manager, Securitized Credit



What is the opportunity?

To assist with sourcing, analysis, research, and pricing as part of the Securitized Credit investment team with a focus on CMBS securities.

What will you do?

• Evaluating IG and sub-IG rated structured credit securities as investment opportunities with a particular focus on CMBS
• Confidently express views regarding portfolio construction and security selection
• Keeping abreast of macroeconomic and microeconomic trends affecting the financial markets and potential impact on the CMBS market
• Constructing the portfolio within the broad risk tolerances determined by the portfolio management team
• Participate in investor meetings to help build the Structured Credit franchise
• Conducting on-going, consistent, in depth research on specific sub asset classes and their components and communicating specific asset class opportunities to the broader investment forum
• Monitoring portfolio performance on an absolute and relative basis
• Analyzing historical performance data and preparing attribution analysis
• Demonstrates a high level of technical knowledge, confidence and commitment to the role and delivers a high standard of service and performance to clients
• Understands industry products and practices and is knowledgeable about RBC BlueBay products, guidelines, procedures and processes
• Ensure that client portfolios are managed in accordance with applicable Fund and Investment Guidelines

What do you need to succeed?

Must-have

• 8-10+ years relevant experience of investing within CMBS markets
• \xef\xbb\xbfAbility to perform fundamental credit analysis, identify and assess key risks in a transaction (financial, market, operational)
• Good understanding of origination and structuring process for complex transactions
• Good analytical skills, including modelling
• Strong client skills and ability to build rapport

Nice to Have:

• Bachelors or master\xe2\x80\x99s degree with a quantitative focus (Preferred)
• Knowledge/understanding of other ABS markets (Preferred)

What\xe2\x80\x99s 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
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business

Job Summary Manages and monitors investment portfolios and transactions in an investment banking environment. Applies extensive, in-depth knowledge, skills, and practices to perform complex assignments.

Address: Stamford, Connecticut, United States of America

City: USA-CT-STAMFORD, USA-MN-MINNEAPOLIS

Country: United States of America

Work hours/week: 40

Employment Type: Full time

Platform: Wealth Management

Job Type: Regular

Pay Type: Salaried

Posted Date: 2023-04-17

Application Deadline: 2023-06-16

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.

Royal Bank of Canada