Director, Corporate Banking (Asset Manager / Fund Finance)

What will you do?

Client Origination & Relationship Management

• Own, manage and serve as the lead corporate banker for a portfolio of U.S. based asset managers, BDCs and private capital platforms.
• Develop and execute strategic coverage plans and originate new lending opportunities across fund-level and management company structures using a holistic coverage model partnering across investment banking, global markets and cash management.
• Build and maintain senior-level relationships with client CFOs, treasurers, and heads of capital markets/fund financing teams.
• Lead strategic discussions with clients around capital structure, liquidity needs, and market opportunities.
• Coordinate internal coverage efforts and contribute to cross-sell of RBC's full suite of financial solutions.

Credit Underwriting & Execution

• Lead the end-to-end structuring and underwriting process for new and existing credit transactions, including GP financing, subscription lines, BDC corporate revolvers, NAV loans, and hybrid fund finance structures.
• Drive efficient deal execution and coordinate internal approvals, documentation, and closing processes.
• Preparation of comprehensive credit submissions including financial, regulatory, and industry analysis aligned with RBC's risk appetite and other documentation related to the transaction approval process through closing and ongoing monitoring.
• Partner with the broader coverage team to lead business committee discussions, delivering a comprehensive analysis of the client's credit profile, proposed transaction structure, and broader strategic relationship opportunities.
• Work closely with Credit Risk and Portfolio Management teams in the back and middle office to ensure timely execution, disciplined underwriting and credit adjudication.
• Review and guide the work of Analysts, Associates and Vice Presidents who provide secondary coverage to drive business and credit results

Risk & Portfolio Oversight

• Maintain deep understanding of portfolio performance and proactively identify emerging risks ensuring timely updates on client, industry and market performance.
• Ensure compliance with regulatory standards, internal limits, and governance procedures.
• Engage peers in Risk Management in the application for credit and in subsequent administration and monitoring.
• Support the development of internal frameworks for risk assessment in the fund finance and asset management sectors.

What do you need to succeed?

• 10+ years of relevant experience in corporate banking, credit underwriting, or corporate finance with a focus on asset managers and fund finance.
• Bachelor's degree in finance, economics, or related discipline (MBA or CFA preferred).
• Deep knowledge of asset managers, BDCs, and private fund structures, including fund leverage, subscription facilities, and NAV lending.
• Strong client management, relationship development, and cross-functional collaboration skills.
• Proven origination track record with complex institutional clients.
• Ability to take initiative and function independently balanced with strong team skills.
• Maintain high standards of professional and ethical conduct.
• Demonstrated credit expertise and ability to lead underwriting from end-to-end.
• Excellent analytical, communication, and presentation skills with the ability to navigate internal approval processes and lead client discussions.

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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
• 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 build close relationships with clients.

The expected salary for this particular position is $275,000 depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

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 Skills

Additional Job Details

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.