Vice President, Renewable Energy Syndications, RBC Community Investments
: Job Details :

Vice President, Renewable Energy Syndications, RBC Community Investments

Vice President, Renewable Energy Syndications, RBC Community Investments

What is the opportunity?

RBC Capital Markets is the global investment banking arm of the Royal Bank of Canada (RBC). RBCCommunity Investments is a leading national syndicator of tax credits, including State and Federal Low Income Housing Tax Credits (LIHTCs), Historic Rehabilitation Tax Credits (HRTCs), New Market Tax Credits (NMTCs), and Renewable Energy Tax Credits (RETCs).

The Renewable Energy Syndications Vice President will have primary responsibility for leading transaction negotiation and execution for the RETC originations platform. Role ensures new deal structuring and pricing, business and credit approval of transactions, closing execution, and ongoing financial modeling support post-closing of RBC's investments in and syndication of renewable energy tax credit transactions. The Renewable Energy Syndications Vice President will work closely with all levels of personnel assigned to the group, as well internal RBC partners.

What will you do?

• Lead business approval and credit support necessary for the origination and closing of RETC transactions, including identifying and managing risk appropriate with renewable energy investments.
• Lead financial modeling and analysis throughout the life cycle of RETC transactions.
• Lead due diligence of investment opportunities under the guidance of senior RETC personnel, including KYC procedures, reviewing tax equity documents, attending site visits, and analyzing detailed third-party reports.
• Lead management and negotiation of transactions under the guidance of senior RETC personnel through the Closing Date and final-true up/stabilization.
• May be responsible for the deployment of equity pursuant to the partnership operating agreement requirements.
• Provide oversight of the transactions by analyzing performance data on a monthly, quarterly, or annual basis.
• Expedite the receipt of financial and operational information for each transaction and/or Sponsor.
• Lead communication with Sponsors to ensure timely submission of tax returns and audits each year.
• Lead financial modeling and disposition analysis at the end of the credit period or other dissolution event.
• Manage relationships with existing Sponsors and others in the RETC industry.
• Proactively identify and escalate operational risk loss events/control deficiencies and risks to line manager.
• Review and comply with Firm Policies applicable to your business activities.

What do you need to succeed?

• Candidate must possess a Bachelor's Degree, preferably in Finance or Accounting.
• Renewable energy project finance experience and excellent quantitative and analytical skills are essential, specific tax equity experience preferred.
• Proficiency in MS-Office applications is required.

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.

• 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 build close relationships with clients.

The good-faith expected salary range for the above position is $180,000- $250,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs.

Job Skills: Communication, Critical Thinking, Customer Service, Detail-Oriented, Industry Knowledge, Information Capture, Investment Banking, Negotiation, Product Services, Teamwork.

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.

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.

#J-18808-Ljbffr