Vice President or Associate, US Municipal Finance, Infrastructure Solutions

Royal Bank of Canada (RBC) - Full Time - New York, NY

Associates in RBC's Infrastructure Solutions group play a critical role in the successful origination and execution of advisory and financing transactions for our not-for-profit and governmental clients. Infrastructure Solutions operates within RBC's Municipal Finance franchise and focuses on delivering innovative solutions to the firm’s clients, including but not limited to:

  • Energy-as-a-service partnerships to fund distributed energy infrastructure improvements, including solar energy systems, battery storage, combined heat and power facilities, and other on-site generation technologies delivered through design-build-finance-operate-maintain (DBFOM) structures

  • Real estate portfolio optimization strategies, including sale-leaseback transactions, capital-to-lease structures, ground lease monetization, and other balance sheet management solutions

  • Public-private partnerships and alternative delivery models

  • As a full-service investment bank, RBC supports clients with a variety of products and services. Infrastructure Solutions partners across the firm to deliver RBC’s complete capabilities, including:

  • Municipal Capital Markets

  • Private Placements

  • Corporate Banking & Direct Lending

  • Mergers, Acquisitions and Strategic Advisory

  • Structured Finance Solutions

    What will you do?

  • Support the execution of advisory and financing transactions for healthcare systems, universities, K-12 school districts, municipalities, and other public entities

  • Build detailed financial models to analyze project economics, cash flow projections, and credit metrics

  • Prepare marketing materials and transaction documentation including requests for proposals, confidential information memorandums, offering memorandums, and rating agency presentations

  • Conduct due diligence including financial statement analysis, operational metrics review, and third-party report analysis

  • Develop expertise in municipal finance, energy-as-a-service models, and real estate monetization strategies through research, market analysis and industry relationships

  • Create pitch materials and client presentations that articulate transaction structures and RBC's advisory capabilities

  • Collaborate with senior bankers on client relationship management and participate in client meetings

    What do you need to succeed?

    Must Have

  • Bachelor's degree in Finance, Economics, Accounting, Engineering, Business, or related field

  • 3+ years of experience in investment banking, municipal finance, infrastructure finance, real estate finance or related fields

  • Excellent written and verbal communication skills

  • Strong analytical skills with attention to detail

  • Proficiency building financial models and performing financial statement analysis

  • Ability to manage multiple projects simultaneously under tight deadlines

  • Advanced proficiency with Microsoft Excel, PowerPoint, and Word

    Nice to Have

  • Understanding of tax-exempt & taxable financial products and municipal bond markets

  • Knowledge of energy-as-a-service models and real estate monetization strategies

  • Familiarity with FASB and GASB accounting principles and not-for-profit financial statements

  • Series 79 and Series 63 licenses

    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 range for this particular position is $160,000 - $250,000, 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

Apply here