United States Job Openings

Royal Bank of Canada

Associate, Investment Diligence

Columbus

FULL TIME

October 25, 2024

Job Summary
What is the opportunity?

The Investment Diligence Associate will support the Originations Management team, within RBC Community Investments, and work with Investment Manager and Investment Analyst staff, with primary responsibility for collecting and managing due diligence for real estate transactions structured with a tax credit component.
Job Description

What will you do?
Manages and reviews due diligence for real estate closings which includes, but is not limited to, the following:
  • Prepares and maintains the closing checklist, and communicates with outside counsel and other Company staff members regarding status of review.
  • Coordinates and leads diligence calls with developer, counsel, Investment Analyst and Investment Manager by outlining goals for each call and setting timeframe expectations for receipt of diligence from the developer.
  • Orders background searches as required by Group Risk Management.
  • Provides developers with up-to-date form documents.
  • Coordinates closing process with counsel, Investment Analyst, Investment Manager, developer and lenders to ensure a timely and efficient closing/funding.
  • Contacts developer and outside counsel to obtain items on the post-closing agreement.
  • Communicates openly and honestly with all parties involved with each transaction, including a proactive approach to needed diligence items, prioritizing diligence items with the most lead time.
  • May be asked to participate in training events for department.
  • 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’s in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
  • Hybrid work arrangement
  • 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

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
  • Drives RBC’s high-performance culture
  • Enables collective achievement of our strategic goals
  • Generates sustainable shareholder returns and above market shareholder value

Job Skills

Additional Job Details
Address:
4960 EAST DUBLIN GRANVILLE ROAD, SUITE 109:COLUMBUS
City:
Columbus
Country:
United States of America
Work hours/week:
40
Employment Type:
Full time
Platform:
CAPITAL MARKETS
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2024-10-25
Application Deadline:
2024-12-01
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.


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