RBC · 4 months ago
Municipal Finance, Renewable Energy Tax Credits - Originations
New York, New York, United States of America
Full-time
Onsite
Director/Executive
$200K/yr - $225K/yrRBC Capital Markets is the global investment banking arm of the Royal Bank of Canada (RBC) and is seeking a Director for Renewable Energy Tax Credits (RETC) Investments - Originations. This role is primarily responsible for leading transaction negotiation and execution for the RETC originations platform, ensuring new deal structuring, pricing, and ongoing financial modeling support post-closing of investments in renewable energy tax credit transactions.
BankingFinancial ServicesWealth Management
Responsibilities
Lead business approval and credit support necessary for the origination and closing of RETC transactions, including, but not limited to, identifying and managing risk appropriate with renewable energy investments
Lead financial modeling and analysis throughout the life cycle of RETC transactions – lower tier and upper tier
Lead due diligence of investment opportunities under the guidance of senior RETC personnel, including but not limited to KYC procedures, reviewing tax equity documents, attending site visits (as assigned), and analyzing the detailed third party reports typically associated with investments of this type (insurance reports, independent engineering studies, appraisals)
Lead management and negotiation of transactions under the guidance of senior RETC personnel through the Closing Date and final-true up / stabilization. Serves as primary or secondary point of contact with the Sponsor in each transaction until the transaction stabilizes
May be responsible for the deployment of equity pursuant to the partnership operating agreement requirements surrounding collection of all Conditions Precedent. Will collect and review the funding requirements for accuracy and compliance with the documents. Preparation of the Equity Request and circulation of the completed package to the Portfolio Manager and Community Investments Controller for review and approval
Provide oversight of the transactions by analyzing performance data on a monthly, quarterly, or annual basis, as applicable. Provide technical assistance in the area of project performance and managerial strategy to ensure the continuous flow of tax credit benefits and cash flow
Expedite the receipt of financial and operational information for each transaction and/or Sponsor on a monthly, quarterly and annual basis, as applicable. Identify data and information which implies a developing pattern of problems and elevate to management the need for further investigation
Lead communication with Sponsors to ensure timely submission of tax returns and audits each year by confirming the early engagement of a CPA firm and tracking the status of progress and providing periodic reminder notices as necessary
Lead financial modeling and disposition analysis at the end of the credit period or other dissolution event
Manage relationships with existing Sponsors and others in the RETC industry to ensure the flow of current and relevant information
Proactively identify and escalate operational risk loss events / control deficiencies and risks to line manager and the relevant risk and control functions on a timely basis
Review and comply with Firm Policies applicable to your business activities
Qualification
Required
Must possess a Bachelor's degree, preferably in Finance or Accounting
Renewable energy project finance experience and excellent quantitative and analytical skills are essential, specific tax equity experience preferred
Proficiency in MS-Office applications is required
Benefits
Discretionary bonus
401(k) program with company-matching contributions
Health, dental, vision, life and disability insurance
Paid time-off plan
Company
RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance.
Founded in 1864
10001+ employees
H1B Sponsorship
RBC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (29)
2024 (17)
2023 (3)
2022 (4)
2021 (1)
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
$16.3B2025-10-30Post Ipo Debt· $5B
2025-09-15Post Ipo Debt· $1.35B
2025-07-10Post Ipo Debt· $177.74M
Leadership Team
Graeme Hepworth
Chief Risk Officer
Kelly Bradley
Chief Human Resources Officer
Recent News
Qatar Tribune
2026-01-21
2026-01-17
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