Royal Bank of Canada

Associate, Non-Traditional ABS Origination

Royal Bank of Canada$165K — $200K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • College graduate with a strong academic history
  • Must obtain Series 7, 63, and 79 licenses shortly after joining, if not already held
  • Minimum of 3 years of experience in the ABS space
  • Proficient in Excel and PowerPoint
  • Ambitious with a strong desire to learn
  • Solutions-oriented with excellent problem-solving skills
  • Energetic self-starter comfortable in a fast-paced team environment

Responsibilities

  • Support ABS bankers in developing and presenting business ideas
  • Coordinate transaction execution across various third-party entities
  • Ensure seamless execution of mandated transactions
  • Collaborate with bankers on M&A and strategic transactions
  • Maintain internal databases of market data and deal details
  • Identify operational risks and control deficiencies
  • Comply with firm policies and escalate risks appropriately

Benefits

  • Comprehensive Total Rewards Program with bonuses and competitive compensation
  • Leaders committed to your professional development
  • Opportunity to make a significant impact
  • Dynamic and collaborative team environment
  • Challenging work and client relationship building opportunities
Full Job Description
Job Description

What is the Opportunity?

Associate, Non-Traditional ABS Origination

What will you do?
  • Support ABS bankers in creating, developing and presenting business ideas across Non-Traditional asset classes, taking lead in drafting initial versions of client presentations and pitch book materials and incorporating comments from junior and senior ABS bankers
  • Coordinate transaction execution across third parties (issuers, lawyers, rating agencies, accountants, trustees, etc.), review offering and transaction documents, prepare sales memos and internal approval documents, amongst other responsibilities
  • Interact with internal and external parties to ensure seamless execution on mandated transactions and coordinate the settlement of Non-Traditional ABS transactions.
  • Collaborate with junior and senior ABS bankers and other internal parties on M&A and other strategic transactions where ABS is expected to play a role
  • Maintain internal databases of market data, including spreads/yields, deal pricing details, trading data, league tables, etc.
  • Proactively identify operational risks / control deficiencies in the business
  • Review and comply with Firm Policies applicable to your business activities
  • Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions on a timely basis.


What do you need to succeed?

Requirements:
  • College graduate with history of strong academic performance
  • Series 7, 63 and 79 (will be required within a reasonable time after joining if not currently held)
  • At least 3 years of relevant experience, ideally in the ABS space
  • Strong Excel and PowerPoint skills
  • Ambition, eagerness and curiosity to learn
  • Solutions-oriented approach to issues and problems
  • Energetic self-starter who functions well in fast-paced, team-oriented environment
  • Willingness to work closely with and learn from both senior and junior team members


AUTHORITIES, IMPACT, RISK
  • Appropriate licenses and registrations
  • Authority to transact on behalf of the firm
  • Multi-product and derivatives competent
  • Supports Non-Traditional ABS origination team within the broader ABS Origination and Global Spread Products businesses


KEY RELATIONSHIPS
  • Provide critical support to senior ABS bankers for client coverage
  • Regular coordination with ABS syndicate, ABS sales, ABS trading, ABS financing, Corporate Banking, Global Investment Banking and other internal stakeholders to deliver the best of RBC to our clients


WORKING CONDITIONS
  • Comfortable and effective multitasking in a fast-paced and pressure-filled trading floor environment with competing priorities and deadlines
  • Strong computer and analytical skills
  • Considerable attention to detail is required
  • Hours are unpredictable and as needed
  • Team and position are based in New York; some travel is expected


What's in it for you?

  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
  • 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 building close relationships with clients


The good-faith expected salary range for the above position is $165,000-$200,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

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:

2026-06-22

Application Deadline:

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

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

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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