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 businessReview and comply with Firm Policies applicable to your business activitiesEscalate 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.
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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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