RBC · 8 hours ago
Associate - Institutional Client Credit Management
New York, NY
Full-time
Hybrid
New Grad, Entry Level
$110K/yr - $110K/yrRBC is a leading bank that focuses on delivering trusted advice to help clients thrive. The Associate in Institutional Client Credit Management will support the Risk Solutions Group in managing credit relationships with large sponsor clients, conducting due diligence, and collaborating with various teams to facilitate optimal trading credit and compliance.
BankingFinancial ServicesWealth Management
Responsibilities
Primarily support RBCCM's Risk Solutions Group (RSG) in the origination, onboarding, maintenance and management of the credit relationship with large sponsor clients, including Private Equity and Private Capital Sponsor funds, as well as hedge funds managed by these sponsors
Engage with clients to conduct comprehensive fund due diligence, including collecting and reviewing relevant fund documents such as Private Placement Memoranda (PPMs), Limited Partnership Agreements (LPAs), Management Agreements, structure charts, and financials to support the credit evaluation process
Collaborate with Fund Finance and RSG to support comprehensive sponsor relationships by facilitating non-lending revenue opportunities for funds that have existing lending relationships with RBC
Work with Group Risk Management in the risk assessment of alternative investment funds and support credit onboarding through analysis of fund documentation and client information
Focus on credit structuring for sponsor funds in support of RBCCM trading relationships, including risk limits, regulatory, legal, compliance, tax, and operational matters
Actively collaborate with Group Risk Management and RBC Trading Documentation team in the document negotiation process by proposing ISDA credit terms (ATEs) and other credit provisions to ensure proper trading documents are established
Prepare credit requests and trading line requests with related documentation required as part of Risk Management approval process and submit to relevant Business Heads for support
Create call memos for credit Due Diligence meetings
Work with and advise product partners on the optimal amount of trading credit required to meet our strategic objectives with each client relationship
Work with internal stakeholders to address any and all counterparty credit concerns that may arise from the portfolio
Occasionally support maintenance of accurate counterparty compliance reports and provide ad hoc reporting on utilization, fund performance, Due Diligence meetings, etc
Understand and apply securities regulations governing Private Equity, Private Capital Sponsor funds, hedge funds and other institutional counterparties
Qualification
Required
An understanding of credit risks associated with institutional clients including Private Equity, Private Capital Sponsor funds, and to a less degree hedge funds, along with the trading products they use
Knowledge of sponsor fund structures and operations
Understanding of ISDA master agreements and CSAs, primarily credit terms within ISDA and CSAs
Basic understanding of FX and Rates products and their application in Sponsor fund relationships
A basic knowledge of alternative investment strategies employed by institutional clients
Undergraduate degree or higher
A general understanding of Capital Markets products base and the application thereof
Strong interpersonal skills and the ability to work effectively within a team environment
Excellent communication, business development and relationship management skills
Ability to prioritize work and manage multiple tasks while meeting time sensitive deadlines
Financial accounting skills
Strong analytical, technical, written and communication skills
A comprehensive understanding of Credit and Credit Risk
Benefits
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
2026-01-15
Company data provided by crunchbase