Associate, Sales Management (open to remote workers)
Job description
Come Work with Us!
At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.
Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.
Job Title
Job Description
RBC Community Investments is part of the Royal Bank of Canada (RBC), is a leading national syndicator of real estate tax credit investments, including State and Federal Low Income Housing Tax Credits (LIHTCs), and Historic Rehabilitation Tax Credits (HRTCs). RBC Community Investments works with real estate Developer clients and Institutional Investor clients (mainly banks and insurance companies) to facilitate investments providing equity to affordable housing across the U.S. via a tax-advantaged investment product.
What will you do?
The Sales Management Associate is responsible for supporting the Equity Sales team through the management of relationships with Institutional Investors and supporting the closing of low-income housing tax credit (LIHTC) equity investments and fund closings with new and existing Investors.
The Sales Management Associate position will serve as a resource to the Sales Management team regarding property level, fund level and syndicator/sponsor level requests. Facilitate delivery of due diligence and respond to Investor inquiries to ensure necessary Investor approvals for closing are obtained.
Prepare Fund marketing materials, complete Investors’ fund and property data spreadsheets, provide property level and syndicator due diligence to Investors, and assist with responding to Investor inquiries in a timely manner to achieve transaction closings.
Review underwriting materials on affordable housing tax credit equity transactions prepared by lower tier deal teams and compile Investment Proposal materials for delivery to Investors.
Work with other groups within the Company to gather and analyze Company and real estate portfolio data for presentation to Investors.
Prepare presentation materials for Investor marketing and annual Sponsor review meetings.
Create and maintain Investor inventory reports and aggregate historical data.
Proactively identify operational risks and 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 is needed for success?
Bachelor’s Degree and two to five years’ experience in LIHTC, real estate or investment banking.
Proficiency in MS-Outlook and MS-Office applications, specifically PowerPoint and Excel, and excellent verbal, written, and interpersonal communication skills are all essential.
Possess a strong interest in real estate investment and an ability to think critically and provide input on solutions and improvements to processes.
Ability to work both independently and collaborate as a team, and a desire to learn and grow with an industry leader in LIHTC syndication.
Preference for previous experience in real estate finance, transaction closings, tax-motivated investments or capital markets industry, or financial analysis.
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.
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 $75,000 - $105,000 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.
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 Summary
Address:
City:
Country:
Work hours/week:
Employment Type:
Platform:
Job Type:
Pay Type:
Posted Date:
Application Deadline:
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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers.
jjbodyshop.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, jjbodyshop.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, jjbodyshop.com is the ideal place to find your next job.