Securitization Financing Portfolio Management – Analyst

Job Description

Job Description PURPOSE: This role is part of Securitization Financing Portfolio Management (SFPM), which is a closely integrated, cross-functional specialized team that provides various critical functions to RBCCM’s Securitization Finance business within Global Markets. SFPM provides transactional execution support in the US, Canada, Europe and APAC for securitization transactions either funded directly on RBC’s balance sheet or via the issuance of commercial paper by one of seven multi-seller RBC administered commercial paper conduits. SFPM also provides on-going at least monthly (some transactions daily) complex collateral monitoring, administration and reporting on a large and diverse portfolio of bespoke private securitization transactions across 25 asset classes for over 125 clients SFPM also performs daily management of all aspects of 7 individual finance companies of which 6 are separate and distinct from RBC providing funding to clients through the US & CAD ABCP markets SFPM is a center of excellence in supporting structured finance transactions, and this role will also include nuances of operational, compliance, project management, front office origination, finance/accounting responsibilities and compiling data for internal and external constituents and performing a variety of administrative functions to ensure compliance with applicable by-laws, transaction legal documents and internal policies and procedures PRINCIPAL RESPONSIBILITIES: Work with fellow SFPM team members to oversee and coordinate day-to-day management of 2 US RBC-administered ABCP conduit programs Serve as first line of defense for on-going collateral monitoring for designated transactions. Identify any portfolio aberrations, deterioration or breaches of deal triggers Assist with creating and maintaining custom seller report templates used to validate collateral reporting and borrowing base compliance as well as to track and store historical portfolio information Enter key monthly portfolio statistics into the securitization collateral tracking systems to be able to monitor the risk in each transaction, recalculate the important metrics on the client report and produce reporting Produce, review, finalize and distribute periodic reporting to commercial paper investors, rating agencies, risk management and other internal and external constituents Help set portfolio administration standards and metrics to be monitored, and develop procedures and processes to help ensure consistent and accurate reporting for both new and existing transactions Coordinate and lead deal closing and funding meetings with all relevant parties Participate in due diligence meetings for new and existing clients Review deal AUP audit reports and follow-up with Origination team on findings Assist with the annual external audits of the 2 US ABCP conduits and periodic internal/external business audits Develop knowledge of transactions and understanding of legal documents to be able to populate and mai

Required Skills