Royal Bank of Canada

Associate, Healthcare Corporate Banking

Royal Bank of Canada$160K — $180K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Economics, Finance, Mathematics, or related field
  • 3+ years of experience in Corporate Lending, Corporate Finance, Healthcare Banking, or Credit Analysis
  • Strong financial modeling skills, especially with complex capital structures
  • Excellent writing and presentation skills for detailed credit memoranda
  • Strong analytical skills to assess healthcare-specific risks
  • Excellent interpersonal and relationship management skills
  • Ability to manage multiple transactions and competing deadlines

Responsibilities

  • Assist in structuring acquisition financings, leveraged and investment-grade loans
  • Prepare credit submissions and support documentation for transaction approvals
  • Support transactions from underwriting through to closing and monitoring
  • Structure and monitor syndicated and bilateral loan transactions
  • Conduct financial analysis and maintain detailed financial models
  • Provide coverage support for designated healthcare clients with cross-sell opportunities
  • Liaise with middle and back-office functions for seamless execution

Benefits

  • Comprehensive Total Rewards Program with competitive compensation and bonuses
  • Access to leadership invested in employee development
  • Opportunities to make a meaningful impact in communities
  • Ability to work on challenging and impactful projects
  • Build strong relationships with clients
Full Job Description
Job Description

What is the opportunity?

An Associate in Consumer Corporate Banking will support the structuring, execution, administration, and management of bank debt for a diversified consumer and retail client base.

As part of the coverage team, the Associate will help optimize the use of the Bank's balance sheet in connection with Capital Markets, Investment Banking, and Sales & Trading relationship objectives, while delivering thoughtful credit solutions aligned with client growth strategies.

What will you do?
  • Assist in structuring acquisition financings, leveraged and investment-grade loans, bridge facilities, corporate revolvers, and other credit solutions for healthcare clients
  • Prepare credit submissions and supporting documentation related to the transaction approval process, including:
    • Loan syndications
    • Pipeline management
    • Single-name credit strategies
    • Exceptions Committee memoranda
  • Support transactions from underwriting through closing and ongoing monitoring
  • Structure and monitor syndicated and bilateral loan transactions
  • Conduct financial analysis and build/maintain detailed financial models, including cash flow projections, covenant analysis, and downside scenarios
  • Provide coverage support for designated healthcare clients, identifying cross-sell opportunities across all active Capital Markets products
  • Partner closely with Investment Banking, Debt Capital Markets, Leveraged Finance, and Fixed Income Sales & Trading teams
  • Monitor client, industry, and market performance, particularly regulatory developments, reimbursement trends, M&A activity, and credit deterioration risks
  • Assist with internal credit administration, including ongoing portfolio monitoring and industry trend analysis
  • Liaise with middle and back-office functions to ensure seamless execution of wires, settlements, and documentation processes
  • Engage Risk Management and Credit Portfolio Management teams in credit underwriting, approvals, amendments, and ongoing monitoring


What do you need to succeed?
  • Bachelor's degree in Business, Economics, Finance, Mathematics, or other quantitative discipline
  • Minimum 3+ years of relevant experience in Corporate Lending, Corporate Finance, Healthcare Banking, or Credit Analysis
  • Strong financial modeling skills, including experience with complex capital structures and covenant frameworks
  • Superior writing and presentation skills with ability to prepare detailed credit memoranda
  • Strong analytical skills with ability to assess healthcare-specific risks (e.g., reimbursement exposure, regulatory risk, payer mix dynamics)
  • Excellent interpersonal and relationship management skills
  • Ability to take initiative, operate independently, and thrive in a team-oriented environment
  • Demonstrated ability to manage multiple transactions and competing deadlines
  • Formal credit training
  • Nice to have: Master's degree (MBA or related field), CFA or other relevant professional designation, prior sector experience


What's in It for you?

We are committed to fostering a dynamic, collaborative, and high-performing work environment where you can thrive and make a lasting impact. By joining our team, you will benefit from:
  • A comprehensive Total Rewards Program, including competitive compensation, bonuses, flexible benefits, and stock options (where applicable).
  • Access to leaders who are invested in your development through coaching and growth opportunities.
  • The chance to make a meaningful difference in our communities.
  • Opportunities to work on challenging and impactful projects.
  • The ability to build strong, enduring relationships with clients.


The expected salary range for this position is $160,000 - $180,000, based on factors such as experience, skills, registration status, market conditions, and business needs. This salary range does not include other elements of total compensation, such as:
  • A discretionary bonus.
  • Benefits, including a 401(k) program with company-matching contributions, health, dental, vision, life, and disability insurance, and a paid time-off plan.
  • Our compensation philosophy recognizes the importance of attracting and retaining top talent by offering a competitive rewards program that:
  • Supports a high-performance culture.
  • Enables the achievement of strategic organizational goals.
  • Generates sustainable shareholder value.


Job Skills
Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork

Additional Job Details

Address:

BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK

City:

New York

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-07-29

Application Deadline:

2026-09-01
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

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Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

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