Analyst / Associate - Insurance DCM

What is the Opportunity?

In this position the Analyst/Associate will lead and support senior bankers in origination, syndication and execution of investment grade debt transactions for the Insurance team. In addition, the position will also work closely with other product groups within fixed income and investment banking.

What will you do?

• Develop close working relationships with syndicate, sales, Corporate Banking and Investment Banking. Coordinate in providing information for internal and external use
• Assist senior officers in the preparation of client market updates and pitch materials. Provide coverage support for senior officers of the desk
• Manage, compile and synthesize investment grade bond issuance data into client friendly content
• Assist senior officers during new issue executions with internal processes / approvals and post-mortem materials to leverage and market for the client base
• Prepare and distribute indicative pricing information for clients
• Liaise with traders to obtain secondary market themes and assist with special ad-hoc projects and initiatives as assigned
• Manage and direct desk first year analysts & interns
• Selectively take a leading role in direct client requests and projects
• Interpret data on price, yield, stability, future investment-risk trends, economic influences, and other factors affecting corporate fixed income securities
• Interpret and manipulate data sets using Bloomberg, Excel and PowerPoint to illustrate technical reports and industry / economic developments in a visual manner
• Collaborate on projects with other professionals, such as lawyers, accountants, etc.

What do you need to succeed?

Basic Qualifications:

• 2+ years of experience within debt capital markets, ideally on a team responsible for covering the insurance sector
• Bachelor's degree in Business, Finance, Math or related field required
• Advanced MS Excel (vlookup, pivot tables, Bloomberg formulas), PowerPoint (pitchbooks and case studies) and Word skills (deal documentation) are a must
• Bloomberg experience is important for bond valuation and comparable peer analysis
• Knowledge of general capital markets as well as interest in investment grade / Insurance specific markets
• Strong quantitative and analytical skills - able to analyze numbers very well
• Excellent written and oral communication skills
• Ability to prioritize work and multi-task responsibilities including working for multiple people
• Overall positive attitude with willingness to perform beyond what is being asked
• Strong work ethic
• Strong abilities in preparing thoughtful presentations
• Series 7, 63, 79, SIE certified (can be obtained upon hire)

AUTHORITIES, IMPACT, RISK

• Take on increasing responsibility for the creation of client value-add materials, ensuring work-product from other teams / junior resources is relevant and client specific, as well as, error free
• Continue to independently originate value-added ideas for our clients and proactively create efficiencies within the team processes
• 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 on a timely basis

KEY RELATIONSHIPS

• Syndicate
• Investment Banking
• Sales & Trading
• Corporate Banking
• Corporate Risk Solutions
• Liability Management

WORKING CONDITIONS

• Trading Floor Environment
• Position may entail moderate traveling
• Considerable attention to detail is required
• Hours are long and highly unpredictable

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 $110,000 - $185,000 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

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