About RBC

Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalisation. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector, and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com
Associate, Real Estate Capital Partners

About RBC Real Estate Capital Partners (“RECP”) Europe:
RECP Europe is a provider of real estate debt facilities to Tier 1 sponsors across Europe and the UK. Since inception in 2012, the team has participated in excess of C$40 billion of financing through senior, mezzanine, loan-on-loan, and development facilities, holding in excess of C$20 billion on its own balance sheet. Recent transactions include acting as lender and lead arranger for a £525MM development facility to support Blackstone-owned St Modwen’s logistics development pipeline and co-arranging a €245MM refinancing for Brookfield’s portfolio of 11 student accommodation assets in Spain and Portugal.

What is the opportunity?
RECP is looking for an Associate to work alongside the team on origination, underwriting and structuring of real estate debt facilities across the UK and Europe. The role will provide an opportunity to work across all major asset classes and gain a deeper understanding of these markets from both a debt and equity point of view.

What will you do?

• Be involved in all stages of the origination process, including the initial screening of new transactions, due diligence, documentation and the loan closing process;
• Perform valuation analysis using various methodologies, including using DCF modelling and analysing comparables, as well as reviewing valuations prepared by third party valuation firms;
• Be responsible for building detailed financial models to evaluate real estate performance under various operating scenarios and to analyse the impact that various capital structures have on modelling outputs;
• Provide analytical, due diligence and transactional support on loan origination and new business opportunities as well as providing support in respect of the on-going management and monitoring of existing transactions that have been executed by the RECP Europe team;
• Assist the team with the preparation of presentation materials for investment committee meetings - covering topics such as deal-level strategy and market overviews;
• Be involved in conducting product and sector research as well as being responsible for presenting this research to the global RECP teams and to our clients;
• Be involved in the training and supervision of other juniors; and
• Have the opportunity to attend industry events and presentations (i.e. from valuers, lawyers and other third party industry bodies), asset site tours on new and existing deals, as well as RECP Europe client and social events.

What do you need to succeed?

• BA or equivalent (2:1 or above) from an academically renowned university together with a proven track record of academic excellence at all levels
• Experience in real estate investment banking, real estate or engineering (valuation, advisory, capital markets or development / project management) together with an ability to demonstrate a genuine interest in real estate finance and in the financial markets as a whole
• Fluent English speaker, with other European languages being advantageous (but not necessary)
• Excellent quantitative, analytical, research and communication skills
• Proficiency in computer applications such as MS Outlook, Word, Power Point, and Excel, with other digital skills being advantageous (Python, Tableau/Power BI, SQL, etc.)
• An inquisitive personality with a drive to continue learning
• Strong teamwork mindset with an ability to work well with other team members at all levels and to provide guidance to other associates and analysts and other interns
• An ability to manage multiple competing priorities and a willingness to assume a high level of responsibility

What is in it for you?

• A comprehensive Total Rewards Program including competitive compensation, bonuses and flexible benefits
• The opportunity to work in a diverse, dynamic, collaborative, progressive, and high-performing team
• A world-class training program and the opportunity to learn in a market leading team that works on complex transactions with the global Tier 1 sponsors
• Experience working on different types of transactions covering all major asset classes across Europe and the UK
• Leaders who support your development through coaching and managing opportunities
• The ability to make a difference and lasting impact

Job Skills
Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork
Additional Job Details
100 BISHOPSGATE:LONDON London United Kingdom 35 Full time CAPITAL MARKETS Regular Salaried 2024-09-05 2024-09-20